DekaBank Deutsche Girozentrale Invests $86,000 in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

DekaBank Deutsche Girozentrale bought a new stake in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) during the 3rd quarter, Holdings Channel.com reports. The firm bought 1,370 shares of the company’s stock, valued at approximately $86,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Blue Trust Inc. boosted its stake in shares of Acadia Healthcare by 86.1% in the 2nd quarter. Blue Trust Inc. now owns 536 shares of the company’s stock valued at $36,000 after purchasing an additional 248 shares during the last quarter. GAMMA Investing LLC boosted its position in Acadia Healthcare by 57.1% during the third quarter. GAMMA Investing LLC now owns 663 shares of the company’s stock valued at $42,000 after acquiring an additional 241 shares during the last quarter. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Acadia Healthcare during the 2nd quarter worth about $59,000. nVerses Capital LLC bought a new position in shares of Acadia Healthcare in the 2nd quarter worth about $95,000. Finally, Innealta Capital LLC acquired a new position in shares of Acadia Healthcare in the 2nd quarter valued at about $164,000.

Acadia Healthcare Price Performance

Shares of NASDAQ ACHC opened at $42.02 on Monday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.18 and a current ratio of 1.07. The firm’s 50-day simple moving average is $65.72 and its 200 day simple moving average is $67.77. The stock has a market cap of $3.90 billion, a price-to-earnings ratio of 13.78, a PEG ratio of 1.28 and a beta of 1.33. Acadia Healthcare Company, Inc. has a fifty-two week low of $41.75 and a fifty-two week high of $87.77.

Acadia Healthcare (NASDAQ:ACHC) last announced its earnings results on Wednesday, October 30th. The company reported $0.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.01. The company had revenue of $815.60 million for the quarter, compared to analysts’ expectations of $819.42 million. Acadia Healthcare had a return on equity of 11.12% and a net margin of 8.99%. Acadia Healthcare’s quarterly revenue was up 8.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.91 earnings per share. As a group, research analysts anticipate that Acadia Healthcare Company, Inc. will post 3.38 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms recently commented on ACHC. Deutsche Bank Aktiengesellschaft raised their target price on Acadia Healthcare from $70.00 to $75.00 and gave the stock a “hold” rating in a research note on Friday, August 2nd. Barclays dropped their target price on shares of Acadia Healthcare from $83.00 to $76.00 and set an “overweight” rating on the stock in a research report on Monday, September 30th. Cantor Fitzgerald restated a “neutral” rating and issued a $90.00 price target on shares of Acadia Healthcare in a report on Tuesday, October 1st. Royal Bank of Canada reiterated an “outperform” rating and set a $94.00 price objective on shares of Acadia Healthcare in a report on Friday, September 20th. Finally, KeyCorp initiated coverage on Acadia Healthcare in a research note on Friday, October 11th. They issued a “sector weight” rating for the company. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, Acadia Healthcare presently has an average rating of “Hold” and a consensus price target of $86.67.

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.