American International Group Inc. Trims Holdings in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

American International Group Inc. decreased its stake in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 4.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 124,541 shares of the company’s stock after selling 5,298 shares during the quarter. American International Group Inc.’s holdings in Acadia Healthcare were worth $9,684,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC purchased a new position in Acadia Healthcare during the fourth quarter worth approximately $26,000. Fifth Third Bancorp raised its position in Acadia Healthcare by 25.5% in the fourth quarter. Fifth Third Bancorp now owns 670 shares of the company’s stock valued at $52,000 after purchasing an additional 136 shares during the period. DekaBank Deutsche Girozentrale purchased a new stake in Acadia Healthcare in the third quarter valued at $96,000. Headlands Technologies LLC raised its position in Acadia Healthcare by 422.3% in the fourth quarter. Headlands Technologies LLC now owns 1,828 shares of the company’s stock valued at $142,000 after purchasing an additional 1,478 shares during the period. Finally, Capstone Investment Advisors LLC purchased a new stake in Acadia Healthcare in the fourth quarter valued at $204,000.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on ACHC shares. TD Cowen reduced their target price on Acadia Healthcare from $101.00 to $91.00 and set a “buy” rating on the stock in a research report on Friday, May 17th. StockNews.com downgraded Acadia Healthcare from a “hold” rating to a “sell” rating in a research report on Tuesday, May 21st. UBS Group lifted their target price on Acadia Healthcare from $88.00 to $102.00 and gave the company a “buy” rating in a research report on Wednesday, February 28th. TheStreet raised Acadia Healthcare from a “c” rating to a “b-” rating in a research note on Monday, March 4th. Finally, Barclays dropped their price objective on Acadia Healthcare from $91.00 to $89.00 and set an “overweight” rating for the company in a research note on Wednesday, May 15th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. According to MarketBeat, Acadia Healthcare has a consensus rating of “Moderate Buy” and an average price target of $87.56.

Acadia Healthcare Trading Up 3.8 %

ACHC opened at $68.29 on Wednesday. Acadia Healthcare Company, Inc. has a 12 month low of $62.04 and a 12 month high of $87.77. The stock has a market capitalization of $6.34 billion, a price-to-earnings ratio of -483.39, a PEG ratio of 1.96 and a beta of 1.32. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.27 and a quick ratio of 1.27. The business has a fifty day moving average price of $69.31 and a 200 day moving average price of $76.26.

Acadia Healthcare (NASDAQ:ACHC) last released its earnings results on Thursday, May 2nd. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.80 by $0.04. Acadia Healthcare had a positive return on equity of 11.49% and a negative net margin of 0.38%. The firm had revenue of $768.10 million during the quarter, compared to analysts’ expectations of $779.20 million. During the same period in the previous year, the firm posted $0.75 EPS. Acadia Healthcare’s revenue for the quarter was up 9.1% on a year-over-year basis. Sell-side analysts expect that Acadia Healthcare Company, Inc. will post 3.52 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.