Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Shares Purchased by Quantinno Capital Management LP

Quantinno Capital Management LP increased its holdings in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 153.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 7,974 shares of the company’s stock after purchasing an additional 4,822 shares during the quarter. Quantinno Capital Management LP’s holdings in Acadia Healthcare were worth $506,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. SG Americas Securities LLC lifted its position in shares of Acadia Healthcare by 435.6% during the 2nd quarter. SG Americas Securities LLC now owns 18,227 shares of the company’s stock valued at $1,231,000 after buying an additional 14,824 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of Acadia Healthcare by 19.4% in the second quarter. Principal Financial Group Inc. now owns 643,521 shares of the company’s stock valued at $43,463,000 after purchasing an additional 104,359 shares during the period. LMR Partners LLP purchased a new stake in shares of Acadia Healthcare during the third quarter worth about $1,616,000. Texas Permanent School Fund Corp raised its position in shares of Acadia Healthcare by 11.3% during the 2nd quarter. Texas Permanent School Fund Corp now owns 89,821 shares of the company’s stock worth $6,067,000 after purchasing an additional 9,115 shares during the last quarter. Finally, Sivik Global Healthcare LLC lifted its stake in Acadia Healthcare by 43.7% in the 3rd quarter. Sivik Global Healthcare LLC now owns 115,000 shares of the company’s stock valued at $7,292,000 after buying an additional 34,997 shares in the last quarter.

Analyst Ratings Changes

ACHC has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft raised Acadia Healthcare from a “hold” rating to a “buy” rating and increased their target price for the company from $45.00 to $75.00 in a report on Thursday. Cantor Fitzgerald reissued a “neutral” rating and issued a $52.00 price objective on shares of Acadia Healthcare in a research note on Tuesday, December 10th. KeyCorp began coverage on shares of Acadia Healthcare in a report on Friday, October 11th. They set a “sector weight” rating for the company. StockNews.com downgraded shares of Acadia Healthcare from a “hold” rating to a “sell” rating in a research note on Friday, November 22nd. Finally, Royal Bank of Canada dropped their price objective on shares of Acadia Healthcare from $94.00 to $64.00 and set an “outperform” rating for the company in a research note on Monday, November 18th. One analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $75.44.

Acadia Healthcare Stock Up 0.8 %

Shares of NASDAQ ACHC opened at $40.66 on Friday. Acadia Healthcare Company, Inc. has a 1 year low of $36.50 and a 1 year high of $87.77. The company has a market capitalization of $3.78 billion, a P/E ratio of 13.33, a P/E/G ratio of 1.77 and a beta of 1.29. The company has a 50 day simple moving average of $45.39 and a 200-day simple moving average of $61.82. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.07 and a quick ratio of 1.07.

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

About Acadia Healthcare

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.