Pacer Advisors Inc. Purchases 325 Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Pacer Advisors Inc. increased its position in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 2.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,847 shares of the company’s stock after purchasing an additional 325 shares during the period. Pacer Advisors Inc.’s holdings in Acadia Healthcare were worth $549,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Blue Trust Inc. boosted its stake in shares of Acadia Healthcare by 69.4% in the fourth quarter. Blue Trust Inc. now owns 842 shares of the company’s stock worth $33,000 after acquiring an additional 345 shares during the period. Nisa Investment Advisors LLC boosted its stake in Acadia Healthcare by 40.7% during the fourth 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 during the last quarter. GAMMA Investing LLC boosted its stake in Acadia Healthcare by 57.1% during the third quarter. GAMMA Investing LLC now owns 663 shares of the company’s stock valued at $42,000 after buying an additional 241 shares during the last quarter. Fifth Third Bancorp raised its position in Acadia Healthcare by 56.0% during the fourth quarter. Fifth Third Bancorp now owns 1,264 shares of the company’s stock valued at $50,000 after purchasing an additional 454 shares during the period. Finally, Covestor Ltd raised its position in Acadia Healthcare by 834.4% during the third quarter. Covestor Ltd now owns 1,140 shares of the company’s stock valued at $72,000 after purchasing an additional 1,018 shares during the period.

Analysts Set New Price Targets

A number of brokerages have issued reports on ACHC. KeyCorp upgraded Acadia Healthcare from a “sector weight” rating to an “overweight” rating and set a $70.00 price objective on the stock in a research report on Tuesday, January 7th. Royal Bank of Canada reissued an “outperform” rating and issued a $64.00 price objective on shares of Acadia Healthcare in a research note on Friday, January 10th. TD Cowen dropped their price objective on Acadia Healthcare from $70.00 to $66.00 and set a “buy” rating on the stock in a research note on Tuesday, January 7th. StockNews.com cut Acadia Healthcare from a “hold” rating to a “sell” rating in a research note on Monday, January 6th. Finally, Deutsche Bank Aktiengesellschaft raised Acadia Healthcare from a “hold” rating to a “buy” rating and increased their target price for the company from $45.00 to $75.00 in a research report on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $70.22.

Acadia Healthcare Stock Performance

Shares of ACHC stock opened at $44.80 on Tuesday. The firm has a market capitalization of $4.16 billion, a price-to-earnings ratio of 14.69, a price-to-earnings-growth ratio of 1.84 and a beta of 1.30. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.07 and a quick ratio of 1.07. The business has a fifty day moving average of $41.89 and a 200 day moving average of $55.37. Acadia Healthcare Company, Inc. has a 1 year low of $36.50 and a 1 year high of $87.77.

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.