Vanguard Group Inc. Cuts Stock Position in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Vanguard Group Inc. trimmed its stake in Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Free Report) by 0.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,880,457 shares of the company's stock after selling 10,986 shares during the period. Vanguard Group Inc. owned about 9.56% of Acadia Healthcare worth $352,110,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of ACHC. Wellington Management Group LLP increased its stake in shares of Acadia Healthcare by 12.2% in the third quarter. Wellington Management Group LLP now owns 11,658,253 shares of the company's stock valued at $739,250,000 after buying an additional 1,266,384 shares during the period. JPMorgan Chase & Co. increased its position in Acadia Healthcare by 17.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,126,607 shares of the company's stock valued at $198,258,000 after purchasing an additional 454,044 shares during the period. State Street Corp raised its holdings in Acadia Healthcare by 3.5% during the 3rd quarter. State Street Corp now owns 2,819,911 shares of the company's stock worth $178,811,000 after purchasing an additional 95,613 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Acadia Healthcare by 0.9% in the 3rd quarter. Geode Capital Management LLC now owns 1,613,198 shares of the company's stock worth $102,320,000 after purchasing an additional 14,197 shares during the period. Finally, Stephens Investment Management Group LLC boosted its stake in shares of Acadia Healthcare by 24.9% in the 4th quarter. Stephens Investment Management Group LLC now owns 1,475,166 shares of the company's stock valued at $58,490,000 after purchasing an additional 294,210 shares during the last quarter.

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Acadia Healthcare Stock Up 2.6 %

ACHC traded up $0.70 during trading on Tuesday, hitting $27.12. 2,799,677 shares of the company's stock were exchanged, compared to its average volume of 1,437,031. The stock has a market cap of $2.52 billion, a P/E ratio of 8.89, a PEG ratio of 1.46 and a beta of 1.13. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.60. Acadia Healthcare Company, Inc. has a fifty-two week low of $25.41 and a fifty-two week high of $82.41. The business's 50 day moving average is $34.60 and its two-hundred day moving average is $42.29.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Mizuho lowered their price objective on Acadia Healthcare from $48.00 to $37.00 and set a "neutral" rating for the company in a research report on Tuesday, March 25th. KeyCorp dropped their price target on Acadia Healthcare from $70.00 to $65.00 and set an "overweight" rating on the stock in a research note on Monday, March 3rd. StockNews.com downgraded shares of Acadia Healthcare from a "hold" rating to a "sell" rating in a research report on Monday, January 6th. Barclays lowered shares of Acadia Healthcare from an "overweight" rating to an "equal weight" rating and lowered their price objective for the company from $43.00 to $35.00 in a research note on Friday, February 28th. Finally, TD Cowen cut their target price on shares of Acadia Healthcare from $70.00 to $66.00 and set a "buy" rating on the stock in a research note on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $52.19.

Acadia Healthcare Company Profile

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.