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Stephens Investment Management Group LLC Buys 294,210 Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Acadia Healthcare logo with Medical background

Stephens Investment Management Group LLC grew its position in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Free Report) by 24.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,475,166 shares of the company's stock after purchasing an additional 294,210 shares during the quarter. Stephens Investment Management Group LLC owned about 1.59% of Acadia Healthcare worth $58,490,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of ACHC. GAMMA Investing LLC lifted its stake in Acadia Healthcare by 57.1% during the 3rd quarter. GAMMA Investing LLC now owns 663 shares of the company's stock valued at $42,000 after acquiring an additional 241 shares in the last quarter. Blue Trust Inc. raised its stake in Acadia Healthcare by 69.4% in the 4th quarter. Blue Trust Inc. now owns 842 shares of the company's stock valued at $33,000 after acquiring an additional 345 shares during the period. Nisa Investment Advisors LLC grew its holdings in Acadia Healthcare by 40.7% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,040 shares of the company's stock valued at $41,000 after buying an additional 301 shares in the last quarter. Covestor Ltd grew its holdings in Acadia Healthcare by 834.4% during the 3rd quarter. Covestor Ltd now owns 1,140 shares of the company's stock valued at $72,000 after buying an additional 1,018 shares in the last quarter. Finally, Fifth Third Bancorp grew its holdings in shares of Acadia Healthcare by 56.0% during the fourth quarter. Fifth Third Bancorp now owns 1,264 shares of the company's stock worth $50,000 after purchasing an additional 454 shares in the last quarter.

Acadia Healthcare Stock Down 1.7 %

Shares of ACHC stock traded down $0.70 during trading hours on Wednesday, hitting $41.28. 1,051,753 shares of the company were exchanged, compared to its average volume of 1,517,605. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.07 and a current ratio of 1.07. Acadia Healthcare Company, Inc. has a one year low of $36.50 and a one year high of $87.77. The business's 50-day simple moving average is $42.08 and its two-hundred day simple moving average is $54.33. The stock has a market capitalization of $3.83 billion, a price-to-earnings ratio of 13.53, a P/E/G ratio of 1.75 and a beta of 1.30.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on ACHC shares. Deutsche Bank Aktiengesellschaft upgraded Acadia Healthcare from a "hold" rating to a "buy" rating and boosted their price objective for the company from $45.00 to $75.00 in a research report on Thursday, December 12th. StockNews.com downgraded Acadia Healthcare from a "hold" rating to a "sell" rating in a report on Monday, January 6th. Barclays cut their price target on Acadia Healthcare from $76.00 to $43.00 and set an "overweight" rating for the company in a report on Friday, November 22nd. Royal Bank of Canada reaffirmed an "outperform" rating and set a $64.00 target price on shares of Acadia Healthcare in a research report on Friday, January 10th. Finally, KeyCorp upgraded Acadia Healthcare from a "sector weight" rating to an "overweight" rating and set a $70.00 target price on the stock in a research note on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, Acadia Healthcare currently has a consensus rating of "Moderate Buy" and an average price target of $70.22.

Check Out Our Latest Analysis on ACHC

Acadia Healthcare Profile

(Free Report)

Acadia Healthcare Company, Inc provides behavioral healthcare services in the United States and Puerto Rico. The company develops and operates acute inpatient psychiatric facilities, specialty treatment facilities comprising residential recovery facilities and eating disorder facilities, comprehensive treatment centers, and residential treatment centers, as well as facilities offering outpatient behavioral healthcare services for the behavioral healthcare and recovery needs of communities.

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Institutional Ownership by Quarter for Acadia Healthcare (NASDAQ:ACHC)

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