William Blair Investment Management LLC Sells 1,661 Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

William Blair Investment Management LLC trimmed its position in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 0.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,628,043 shares of the company’s stock after selling 1,661 shares during the period. William Blair Investment Management LLC owned 3.91% of Acadia Healthcare worth $143,852,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Assetmark Inc. raised its position in 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. Atria Investments Inc raised its stake in Acadia Healthcare by 4.7% in the third quarter. Atria Investments Inc now owns 6,844 shares of the company’s stock worth $434,000 after buying an additional 308 shares in the last quarter. Crossmark Global Holdings Inc. grew its holdings in Acadia Healthcare by 6.6% in the third quarter. Crossmark Global Holdings Inc. now owns 7,077 shares of the company’s stock worth $449,000 after purchasing an additional 440 shares during the period. Oppenheimer Asset Management Inc. grew its holdings in Acadia Healthcare by 16.0% in the third quarter. Oppenheimer Asset Management Inc. now owns 18,895 shares of the company’s stock worth $1,198,000 after purchasing an additional 2,611 shares during the period. Finally, KBC Group NV grew its holdings in shares of Acadia Healthcare by 14.4% during the third quarter. KBC Group NV now owns 2,688 shares of the company’s stock valued at $170,000 after buying an additional 338 shares during the last quarter.

Acadia Healthcare Trading Up 1.3 %

NASDAQ ACHC opened at $28.54 on Monday. The firm has a 50 day simple moving average of $40.15 and a 200-day simple moving average of $48.31. The firm has a market cap of $2.65 billion, a price-to-earnings ratio of 9.36, a PEG ratio of 1.46 and a beta of 1.38. Acadia Healthcare Company, Inc. has a one year low of $27.61 and a one year high of $82.40. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.07 and a current ratio of 1.07.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on ACHC shares. Barclays cut shares of Acadia Healthcare from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $43.00 to $35.00 in a report on Friday, February 28th. TD Cowen decreased their price objective on shares of Acadia Healthcare from $70.00 to $66.00 and set a “buy” rating on the stock in a research report on Tuesday, January 7th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $52.00 target price on shares of Acadia Healthcare in a research note on Tuesday, December 10th. StockNews.com cut shares of Acadia Healthcare from a “hold” rating to a “sell” rating in a research note on Monday, January 6th. Finally, KeyCorp dropped their price target on shares of Acadia Healthcare from $70.00 to $65.00 and set an “overweight” rating for the company in a research note on Monday, March 3rd. One 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. Based on data from MarketBeat.com, Acadia Healthcare presently has an average rating of “Hold” and an average 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.