Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Shares Bought by First Eagle Investment Management LLC

First Eagle Investment Management LLC grew its holdings in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 18.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 154,420 shares of the company’s stock after buying an additional 24,050 shares during the quarter. First Eagle Investment Management LLC owned about 0.17% of Acadia Healthcare worth $10,430,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. New York State Teachers Retirement System boosted its position in shares of Acadia Healthcare by 0.3% during the 1st quarter. New York State Teachers Retirement System now owns 76,054 shares of the company’s stock worth $6,025,000 after purchasing an additional 200 shares in the last quarter. Blue Trust Inc. boosted its holdings in Acadia Healthcare by 86.1% during the second quarter. Blue Trust Inc. now owns 536 shares of the company’s stock worth $36,000 after buying an additional 248 shares in the last quarter. Commonwealth Equity Services LLC grew its position in Acadia Healthcare by 3.5% during the second quarter. Commonwealth Equity Services LLC now owns 7,595 shares of the company’s stock worth $513,000 after buying an additional 257 shares during the period. Quent Capital LLC increased its holdings in Acadia Healthcare by 8.1% in the first quarter. Quent Capital LLC now owns 3,784 shares of the company’s stock valued at $300,000 after buying an additional 284 shares in the last quarter. Finally, Retirement Systems of Alabama lifted its position in shares of Acadia Healthcare by 0.3% during the 1st quarter. Retirement Systems of Alabama now owns 115,799 shares of the company’s stock valued at $9,174,000 after acquiring an additional 303 shares during the period.

Acadia Healthcare Price Performance

NASDAQ:ACHC opened at $77.44 on Friday. Acadia Healthcare Company, Inc. has a 12-month low of $62.04 and a 12-month high of $87.77. The firm has a market cap of $7.18 billion, a price-to-earnings ratio of -553.14, a price-to-earnings-growth ratio of 2.22 and a beta of 1.30. The company’s 50-day moving average is $73.14 and its two-hundred day moving average is $72.08. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 0.60.

Acadia Healthcare (NASDAQ:ACHC) last announced its earnings results on Wednesday, July 31st. The company reported $0.91 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.04. Acadia Healthcare had a negative net margin of 0.17% and a positive return on equity of 11.42%. The firm had revenue of $796.00 million for the quarter, compared to analyst estimates of $784.38 million. During the same quarter last year, the business earned $0.92 earnings per share. Acadia Healthcare’s revenue was up 8.8% compared to the same quarter last year. Research analysts expect that Acadia Healthcare Company, Inc. will post 3.51 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Barclays dropped their price objective on Acadia Healthcare from $89.00 to $83.00 and set an “overweight” rating for the company in a research note on Thursday, August 1st. Deutsche Bank Aktiengesellschaft raised their price target on Acadia Healthcare from $70.00 to $75.00 and gave the company a “hold” rating in a research report on Friday, August 2nd. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $90.00 price objective on shares of Acadia Healthcare in a research report on Monday, August 19th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $87.44.

Acadia Healthcare 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.