98,173 Acadia Healthcare Company, Inc. $ACHC Shares Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. grew its holdings in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 2.7% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 3,703,240 shares of the company’s stock after buying an additional 98,173 shares during the quarter. Acadia Healthcare accounts for about 0.7% of Jefferies Financial Group Inc.’s investment portfolio, making the stock its 9th biggest holding. Jefferies Financial Group Inc.’s holdings in Acadia Healthcare were worth $101,839,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of ACHC. Clough Capital Partners L P purchased a new position in Acadia Healthcare in the first quarter worth $5,359,000. Deutsche Bank AG acquired a new stake in Acadia Healthcare in the second quarter valued at $49,746,000. Bank of America Corp DE acquired a new stake in Acadia Healthcare in the second quarter valued at $21,606,000. Lisanti Capital Growth LLC purchased a new stake in shares of Acadia Healthcare during the 2nd quarter worth $4,502,000. Finally, Royal Bank of Canada boosted its position in shares of Acadia Healthcare by 7,896.1% during the 1st quarter. Royal Bank of Canada now owns 278,265 shares of the company’s stock worth $6,508,000 after purchasing an additional 274,785 shares in the last quarter.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Barclays increased their price target on shares of Acadia Healthcare from $32.00 to $35.00 and gave the company an “equal weight” rating in a report on Thursday, November 5th. Guggenheim boosted their price objective on shares of Acadia Healthcare from $39.00 to $41.00 and gave the stock a “buy” rating in a report on Friday, November 6th. Zacks Research raised shares of Acadia Healthcare from a “hold” rating to a “strong-buy” rating in a report on Monday. Weiss Ratings restated a “sell (d)” rating on shares of Acadia Healthcare in a research report on Wednesday, September 9th. Finally, Raymond James Financial assumed coverage on shares of Acadia Healthcare in a report on Wednesday, November 4th. They issued a “moderate buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, four have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $32.54.

Acadia Healthcare Trading Up 0.4%

NASDAQ:ACHC opened at $38.80 on Thursday. Acadia Healthcare Company, Inc. has a 52-week low of $11.43 and a 52-week high of $39.70. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 1.15. The stock has a fifty day simple moving average of $30.04 and a 200-day simple moving average of $26.50. The company has a market capitalization of $3.61 billion, a PE ratio of -3.11, a price-to-earnings-growth ratio of 4.84 and a beta of 0.64.

Acadia Healthcare (NASDAQ:ACHC) last issued its quarterly earnings data on Wednesday, November 4th. The company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.46 by $0.14. Acadia Healthcare had a negative net margin of 33.07% and a positive return on equity of 6.53%. The firm had revenue of $895.31 million for the quarter, compared to analysts’ expectations of $877.76 million. During the same period in the prior year, the company earned $0.72 EPS. The firm’s revenue was up 5.1% on a year-over-year basis. On average, equities research analysts expect that Acadia Healthcare Company, Inc. will post 1.74 earnings per share for the current fiscal year.

Acadia Healthcare Profile

Acadia Healthcare Company, Inc. is a U.S. provider of behavioral health services. The company operates facilities that treat mental health conditions and substance use disorders, serving patients through inpatient, residential and outpatient care. Its services include psychiatric hospitals, specialty treatment centers, residential programs and outpatient clinics. Care may include assessment, therapy, medication management and treatment for addiction, depending on the facility and program. Founded in 2005 and headquartered in Franklin, Tennessee, Acadia serves communities across the United States.