Jefferies Financial Group Inc. Makes New Investment in Acadia Healthcare Company, Inc. $ACHC

Jefferies Financial Group Inc. bought a new stake in Acadia Healthcare Company, Inc. (NASDAQ:ACHCFree Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm bought 3,605,067 shares of the company’s stock, valued at approximately $106,458,000. Acadia Healthcare makes up 0.7% of Jefferies Financial Group Inc.’s investment portfolio, making the stock its 12th biggest holding.

A number of other institutional investors also recently modified their holdings of ACHC. Public Employees Retirement System of Ohio acquired a new stake in Acadia Healthcare in the second quarter valued at about $144,000. Corient Private Wealth LP acquired a new position in Acadia Healthcare during the second quarter worth about $700,000. Bank of America Corp DE bought a new position in shares of Acadia Healthcare in the second quarter worth about $21,606,000. Freestone Grove Partners LP bought a new position in shares of Acadia Healthcare in the second quarter worth about $19,002,000. Finally, Man Group plc acquired a new stake in shares of Acadia Healthcare in the 2nd quarter valued at approximately $7,534,000.

Acadia Healthcare Stock Performance

Acadia Healthcare stock opened at $30.22 on Friday. The business has a 50 day moving average of $30.39 and a 200-day moving average of $26.04. The company has a market capitalization of $2.81 billion, a P/E ratio of -2.43, a P/E/G ratio of 9.85 and a beta of 0.64. Acadia Healthcare Company, Inc. has a 1 year low of $11.43 and a 1 year high of $35.83. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.57 and a quick ratio of 1.57.

Acadia Healthcare (NASDAQ:ACHCGet Free Report) last posted its earnings results on Tuesday, July 28th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.35 by $0.03. Acadia Healthcare had a negative net margin of 33.44% and a positive return on equity of 6.19%. The business had revenue of $865.84 million for the quarter, compared to the consensus estimate of $844.19 million. During the same period last year, the company earned $0.83 EPS. The firm’s revenue was down .4% compared to the same quarter last year. Acadia Healthcare has set its FY 2026 guidance at 1.450-1.600 EPS. On average, equities research analysts predict that Acadia Healthcare Company, Inc. will post 1.55 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently issued reports on ACHC. Jefferies Financial Group upgraded shares of Acadia Healthcare from a “hold” rating to a “buy” rating and upped their price objective for the stock from $24.50 to $30.00 in a research report on Wednesday, June 3rd. Weiss Ratings restated a “sell (d)” rating on shares of Acadia Healthcare in a research report on Friday, June 12th. Raymond James Financial raised shares of Acadia Healthcare from an “outperform” rating to a “strong-buy” rating and set a $39.00 target price on the stock in a research note on Monday, May 4th. Cantor Fitzgerald reiterated a “neutral” rating on shares of Acadia Healthcare in a report on Wednesday, July 29th. Finally, Barclays increased their price target on Acadia Healthcare from $25.00 to $32.00 and gave the company an “equal weight” rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Acadia Healthcare currently has a consensus rating of “Hold” and a consensus price target of $29.85.

Get Our Latest Report on ACHC

Acadia Healthcare Profile

(Free Report)

Acadia Healthcare Company, Inc (NASDAQ: ACHC) is a publicly traded provider of behavioral healthcare services headquartered in Franklin, Tennessee. Founded in 2005, the company has grown through organic expansion and strategic acquisitions to establish itself as a leading specialist in mental health and addiction treatment across the United States.

Acadia operates a diversified network of inpatient psychiatric hospitals, residential treatment centers, outpatient clinics and intensive outpatient programs.

Recommended Stories

Want to see what other hedge funds are holding ACHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Acadia Healthcare Company, Inc. (NASDAQ:ACHCFree Report).

Institutional Ownership by Quarter for Acadia Healthcare (NASDAQ:ACHC)

Receive News & Ratings for Acadia Healthcare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acadia Healthcare and related companies with MarketBeat.com's FREE daily email newsletter.