Janus Henderson Group PLC reduced its stake in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 2.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,475,089 shares of the company’s stock after selling 39,792 shares during the period. Janus Henderson Group PLC owned 1.68% of Acadia Healthcare worth $70,450,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. State Street Corp lifted its position in shares of Acadia Healthcare by 95.2% during the 2nd quarter. State Street Corp now owns 1,998,030 shares of the company’s stock valued at $98,667,000 after buying an additional 974,524 shares in the last quarter. Royal Bank of Canada lifted its position in shares of Acadia Healthcare by 25.0% during the 2nd quarter. Royal Bank of Canada now owns 19,306 shares of the company’s stock valued at $954,000 after buying an additional 3,856 shares in the last quarter. BNP Paribas Arbitrage SA lifted its position in shares of Acadia Healthcare by 2,358.9% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 28,843 shares of the company’s stock valued at $1,424,000 after buying an additional 27,670 shares in the last quarter. Mutual of America Capital Management LLC lifted its position in shares of Acadia Healthcare by 47.8% during the 2nd quarter. Mutual of America Capital Management LLC now owns 409,179 shares of the company’s stock valued at $20,205,000 after buying an additional 132,356 shares in the last quarter. Finally, Stephens Investment Management Group LLC lifted its position in shares of Acadia Healthcare by 0.6% during the 3rd quarter. Stephens Investment Management Group LLC now owns 1,087,284 shares of the company’s stock valued at $51,929,000 after buying an additional 6,415 shares in the last quarter.

Shares of Acadia Healthcare Company, Inc. (ACHC) opened at $31.74 on Friday. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 1.30. Acadia Healthcare Company, Inc. has a 12 month low of $26.92 and a 12 month high of $54.34. The stock has a market capitalization of $2,788.49, a P/E ratio of 13.86, a price-to-earnings-growth ratio of 1.18 and a beta of 0.90.

Acadia Healthcare (NASDAQ:ACHC) last released its quarterly earnings data on Tuesday, October 24th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.65 by ($0.07). Acadia Healthcare had a return on equity of 8.57% and a net margin of 6.07%. The firm had revenue of $716.70 million during the quarter, compared to the consensus estimate of $728.86 million. During the same period in the previous year, the firm earned $0.58 EPS. The business’s revenue was down 2.4% compared to the same quarter last year. sell-side analysts expect that Acadia Healthcare Company, Inc. will post 2.23 earnings per share for the current year.

A number of research analysts have recently weighed in on the company. Cantor Fitzgerald lowered their price objective on Acadia Healthcare from $48.00 to $39.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 24th. Craig Hallum reissued a “buy” rating and issued a $41.00 price target (down from $65.00) on shares of Acadia Healthcare in a report on Thursday, October 26th. Robert W. Baird reissued a “hold” rating and issued a $37.00 price target on shares of Acadia Healthcare in a report on Friday. Zacks Investment Research cut Acadia Healthcare from a “hold” rating to a “sell” rating in a report on Monday, October 2nd. Finally, Jefferies Group set a $42.00 price target on Acadia Healthcare and gave the stock a “buy” rating in a report on Wednesday, October 25th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the stock. Acadia Healthcare has an average rating of “Hold” and a consensus price target of $45.08.

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Acadia Healthcare Profile

Acadia Healthcare Company, Inc is a provider of behavioral healthcare services, with operations in the United States and the United Kingdom. The Company focuses on acquiring and developing behavioral healthcare facilities. The Company operates through two segments: U.S. Facilities and U.K. Facilities.

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

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