157,461 Shares in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Acquired by Gotham Asset Management LLC

Gotham Asset Management LLC acquired a new position in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 157,461 shares of the company’s stock, valued at approximately $6,243,000.

Other institutional investors have also added to or reduced their stakes in the company. Lindbrook Capital LLC increased its position in Acadia Healthcare by 1,342.0% in the 4th quarter. Lindbrook Capital LLC now owns 721 shares of the company’s stock valued at $29,000 after acquiring an additional 671 shares during the period. Blue Trust Inc. increased its position in Acadia Healthcare by 69.4% in the 4th quarter. Blue Trust Inc. now owns 842 shares of the company’s stock valued at $33,000 after acquiring an additional 345 shares during the period. Nisa Investment Advisors LLC increased its position in Acadia Healthcare by 40.7% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,040 shares of the company’s stock valued at $41,000 after acquiring an additional 301 shares during the period. Signaturefd LLC increased its position in Acadia Healthcare by 460.6% in the 4th quarter. Signaturefd LLC now owns 1,222 shares of the company’s stock valued at $48,000 after acquiring an additional 1,004 shares during the period. Finally, Quadrant Capital Group LLC increased its position in Acadia Healthcare by 287.1% in the 4th quarter. Quadrant Capital Group LLC now owns 1,258 shares of the company’s stock valued at $50,000 after acquiring an additional 933 shares during the period.

Analysts Set New Price Targets

Several equities analysts have issued reports on ACHC shares. KeyCorp decreased 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 report on Monday, March 3rd. Mizuho reduced their price objective on shares of Acadia Healthcare from $48.00 to $37.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 25th. Guggenheim began coverage on shares of Acadia Healthcare in a research report on Wednesday, April 9th. They set a “buy” rating and a $36.00 price objective for the company. Bank of America decreased their price objective on shares of Acadia Healthcare from $50.00 to $44.50 and set a “buy” rating for the company in a research report on Friday, February 28th. Finally, Royal Bank of Canada decreased their price objective on shares of Acadia Healthcare from $64.00 to $43.00 and set an “outperform” rating for the company in a research report on Monday, March 3rd. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $50.39.

Acadia Healthcare Stock Up 4.3%

Shares of NASDAQ ACHC opened at $26.94 on Wednesday. The firm has a market cap of $2.48 billion, a PE ratio of 8.83, a P/E/G ratio of 1.46 and a beta of 1.01. Acadia Healthcare Company, Inc. has a 12-month low of $20.36 and a 12-month high of $82.41. The company’s fifty day simple moving average is $26.43 and its 200 day simple moving average is $36.08. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.60.

Acadia Healthcare (NASDAQ:ACHC) last issued its earnings results on Monday, May 12th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.05. The business had revenue of $770.51 million for the quarter, compared to analyst estimates of $769.90 million. Acadia Healthcare had a net margin of 8.99% and a return on equity of 11.12%. Acadia Healthcare’s revenue was up .3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.84 earnings per share. As a group, sell-side analysts forecast that Acadia Healthcare Company, Inc. will post 3.38 earnings per share for the current fiscal year.

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.