Mutual of America Capital Management LLC Cuts Position in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Mutual of America Capital Management LLC decreased its stake in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 2.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 49,066 shares of the company’s stock after selling 1,126 shares during the quarter. Mutual of America Capital Management LLC owned about 0.05% of Acadia Healthcare worth $1,945,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Blue Trust Inc. boosted its holdings in shares of Acadia Healthcare by 69.4% in the 4th quarter. Blue Trust Inc. now owns 842 shares of the company’s stock worth $33,000 after purchasing an additional 345 shares during the period. Nisa Investment Advisors LLC boosted its holdings in shares of Acadia Healthcare by 40.7% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,040 shares of the company’s stock worth $41,000 after purchasing an additional 301 shares during the period. Fifth Third Bancorp boosted its holdings in shares of Acadia Healthcare by 56.0% in the 4th quarter. Fifth Third Bancorp now owns 1,264 shares of the company’s stock worth $50,000 after purchasing an additional 454 shares during the period. Covestor Ltd boosted its holdings in shares of Acadia Healthcare by 834.4% in the 3rd quarter. Covestor Ltd now owns 1,140 shares of the company’s stock worth $72,000 after purchasing an additional 1,018 shares during the period. Finally, Assetmark Inc. boosted its holdings in shares of Acadia Healthcare by 66.1% in the 3rd quarter. Assetmark Inc. now owns 1,485 shares of the company’s stock worth $94,000 after purchasing an additional 591 shares during the period.

Acadia Healthcare Trading Up 2.2 %

Shares of NASDAQ ACHC opened at $30.57 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.60. The business has a fifty day simple moving average of $41.32 and a two-hundred day simple moving average of $50.24. The firm has a market cap of $2.84 billion, a PE ratio of 10.02, a price-to-earnings-growth ratio of 1.46 and a beta of 1.38. Acadia Healthcare Company, Inc. has a twelve month low of $28.09 and a twelve month high of $84.44.

Analysts Set New Price Targets

ACHC has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft upgraded Acadia Healthcare from a “hold” rating to a “buy” rating and lifted their target price for the stock from $45.00 to $75.00 in a report on Thursday, December 12th. KeyCorp dropped their price objective on Acadia Healthcare from $70.00 to $65.00 and set an “overweight” rating for the company in a report on Monday, March 3rd. TD Cowen dropped their price objective on Acadia Healthcare from $70.00 to $66.00 and set a “buy” rating for the company in a report on Tuesday, January 7th. Cantor Fitzgerald restated a “neutral” rating and set a $52.00 price objective on shares of Acadia Healthcare in a report on Tuesday, December 10th. Finally, Barclays cut Acadia Healthcare from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $43.00 to $35.00 in a report on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $56.31.

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.