MetLife Investment Management LLC Grows Position in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

MetLife Investment Management LLC boosted its stake in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 9.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 52,326 shares of the company’s stock after purchasing an additional 4,362 shares during the period. MetLife Investment Management LLC’s holdings in Acadia Healthcare were worth $2,075,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Lindbrook Capital LLC raised its stake in shares of Acadia Healthcare by 1,342.0% during the 4th quarter. Lindbrook Capital LLC now owns 721 shares of the company’s stock valued at $29,000 after buying an additional 671 shares during the last quarter. Blue Trust Inc. boosted its holdings in 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 buying an additional 345 shares during the last quarter. Nisa Investment Advisors LLC boosted its holdings in shares of Acadia Healthcare by 40.7% during 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 last quarter. Signaturefd LLC boosted its holdings in shares of Acadia Healthcare by 460.6% during the 4th quarter. Signaturefd LLC now owns 1,222 shares of the company’s stock worth $48,000 after purchasing an additional 1,004 shares during the last quarter. Finally, Quadrant Capital Group LLC boosted its holdings in shares of Acadia Healthcare by 287.1% during the 4th quarter. Quadrant Capital Group LLC now owns 1,258 shares of the company’s stock worth $50,000 after purchasing an additional 933 shares during the last quarter.

Acadia Healthcare Price Performance

Acadia Healthcare stock opened at $22.18 on Tuesday. Acadia Healthcare Company, Inc. has a 12 month low of $20.36 and a 12 month high of $82.41. 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 50 day simple moving average of $29.04 and a 200-day simple moving average of $38.27. The stock has a market capitalization of $2.04 billion, a PE ratio of 7.27, a price-to-earnings-growth ratio of 1.46 and a beta of 1.13.

Analysts Set New Price Targets

A number of research firms recently commented on ACHC. KeyCorp decreased their price objective on Acadia Healthcare from $70.00 to $65.00 and set an “overweight” rating on the stock in a report on Monday, March 3rd. Barclays cut Acadia Healthcare from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $43.00 to $35.00 in a research note on Friday, February 28th. Guggenheim began coverage on Acadia Healthcare in a research report on Wednesday, April 9th. They set a “buy” rating and a $36.00 price objective for the company. StockNews.com downgraded Acadia Healthcare from a “hold” rating to a “sell” rating in a research report on Monday, January 6th. Finally, TD Cowen decreased their target price on Acadia Healthcare from $70.00 to $66.00 and set a “buy” rating for the company in a research note on Tuesday, January 7th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $50.39.

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.