Landscape Capital Management L.L.C. Raises Holdings in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Landscape Capital Management L.L.C. increased its position in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 131.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 37,554 shares of the company’s stock after buying an additional 21,348 shares during the period. Landscape Capital Management L.L.C.’s holdings in Acadia Healthcare were worth $1,489,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in ACHC. Wellington Management Group LLP lifted its position in shares of Acadia Healthcare by 12.2% in 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 during the period. Magnetar Financial LLC lifted its holdings in Acadia Healthcare by 385.4% during the fourth quarter. Magnetar Financial LLC now owns 928,772 shares of the company’s stock worth $36,826,000 after buying an additional 737,427 shares during the period. JPMorgan Chase & Co. boosted its position in Acadia Healthcare by 17.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,126,607 shares of the company’s stock valued at $198,258,000 after acquiring an additional 454,044 shares in the last quarter. Beach Point Capital Management LP purchased a new position in shares of Acadia Healthcare in the 4th quarter valued at $14,097,000. Finally, Vaughan Nelson Investment Management L.P. raised its position in shares of Acadia Healthcare by 38.4% in the 4th quarter. Vaughan Nelson Investment Management L.P. now owns 1,064,455 shares of the company’s stock worth $42,206,000 after acquiring an additional 295,515 shares in the last quarter.

Acadia Healthcare Stock Down 3.6 %

Shares of ACHC stock opened at $27.37 on Friday. Acadia Healthcare Company, Inc. has a fifty-two week low of $26.72 and a fifty-two week high of $82.41. The firm has a market capitalization of $2.54 billion, a PE ratio of 8.97, a P/E/G ratio of 1.46 and a beta of 1.38. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.07 and a current ratio of 1.07. The stock’s 50-day simple moving average is $35.62 and its 200-day simple moving average is $43.59.

Wall Street Analysts Forecast Growth

ACHC has been the topic of several analyst reports. Bank of America cut their target price on Acadia Healthcare from $50.00 to $44.50 and set a “buy” rating on the stock in a research note on Friday, February 28th. StockNews.com lowered shares of Acadia Healthcare from a “hold” rating to a “sell” rating in a research note on Monday, January 6th. TD Cowen lowered their target price on shares of Acadia Healthcare from $70.00 to $66.00 and set a “buy” rating for the company in a research note on Tuesday, January 7th. Royal Bank of Canada reduced their price target on Acadia Healthcare from $64.00 to $43.00 and set an “outperform” rating on the stock in a research report on Monday, March 3rd. Finally, Barclays downgraded 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 research note on Friday, February 28th. One investment 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, the company has an average rating of “Hold” and a consensus target price of $52.19.

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.