Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Shares Purchased by US Bancorp DE

US Bancorp DE boosted its holdings in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 18.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,196 shares of the company’s stock after acquiring an additional 2,374 shares during the period. US Bancorp DE’s holdings in Acadia Healthcare were worth $603,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wellington Management Group LLP increased its stake in shares of Acadia Healthcare by 12.2% during the 3rd quarter. Wellington Management Group LLP now owns 11,658,253 shares of the company’s stock worth $739,250,000 after purchasing an additional 1,266,384 shares in the last quarter. JPMorgan Chase & Co. increased its position in Acadia Healthcare by 17.0% during the third quarter. JPMorgan Chase & Co. now owns 3,126,607 shares of the company’s stock worth $198,258,000 after buying an additional 454,044 shares in the last quarter. State Street Corp raised its holdings in shares of Acadia Healthcare by 3.5% in the third quarter. State Street Corp now owns 2,819,911 shares of the company’s stock worth $178,811,000 after acquiring an additional 95,613 shares during the last quarter. Point72 Asset Management L.P. lifted its position in shares of Acadia Healthcare by 0.5% in the third quarter. Point72 Asset Management L.P. now owns 2,282,810 shares of the company’s stock valued at $144,753,000 after acquiring an additional 12,470 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of Acadia Healthcare by 0.9% during the third quarter. Geode Capital Management LLC now owns 1,613,198 shares of the company’s stock valued at $102,320,000 after acquiring an additional 14,197 shares during the last quarter.

Acadia Healthcare Stock Down 2.5 %

Shares of ACHC opened at $29.12 on Wednesday. Acadia Healthcare Company, Inc. has a fifty-two week low of $28.09 and a fifty-two week high of $82.40. The company’s fifty day moving average is $40.93 and its two-hundred day moving average is $49.36. The firm has a market cap of $2.71 billion, a PE ratio of 9.55, a price-to-earnings-growth ratio of 1.46 and a beta of 1.38. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.60.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on ACHC shares. Barclays downgraded shares of Acadia Healthcare from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $43.00 to $35.00 in a research note on Friday, February 28th. KeyCorp cut their price objective on shares of Acadia Healthcare from $70.00 to $65.00 and set an “overweight” rating for the company in a research report on Monday, March 3rd. Deutsche Bank Aktiengesellschaft upgraded shares of Acadia Healthcare from a “hold” rating to a “buy” rating and raised their target price for the stock from $45.00 to $75.00 in a research report on Thursday, December 12th. Bank of America cut their price target on Acadia Healthcare from $50.00 to $44.50 and set a “buy” rating for the company in a report on Friday, February 28th. Finally, StockNews.com cut Acadia Healthcare from a “hold” rating to a “sell” rating in a report on Monday, January 6th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, Acadia Healthcare has a consensus rating of “Hold” and a consensus target price of $56.31.

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.