New Mexico Educational Retirement Board trimmed its holdings in Acadia Healthcare Company Inc (NASDAQ:ACHC) by 6.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,900 shares of the company’s stock after selling 1,300 shares during the period. New Mexico Educational Retirement Board’s holdings in Acadia Healthcare were worth $460,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in ACHC. Arizona State Retirement System lifted its holdings in shares of Acadia Healthcare by 1.1% during the fourth quarter. Arizona State Retirement System now owns 63,345 shares of the company’s stock valued at $1,629,000 after purchasing an additional 666 shares during the last quarter. Congress Asset Management Co. MA lifted its holdings in shares of Acadia Healthcare by 33.2% during the fourth quarter. Congress Asset Management Co. MA now owns 169,593 shares of the company’s stock valued at $4,360,000 after purchasing an additional 42,245 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Acadia Healthcare by 11.3% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,125 shares of the company’s stock valued at $157,000 after purchasing an additional 624 shares during the last quarter. BB&T Corp lifted its holdings in shares of Acadia Healthcare by 0.9% during the fourth quarter. BB&T Corp now owns 53,635 shares of the company’s stock valued at $1,379,000 after purchasing an additional 455 shares during the last quarter. Finally, Retirement Systems of Alabama lifted its holdings in shares of Acadia Healthcare by 0.3% during the fourth quarter. Retirement Systems of Alabama now owns 114,377 shares of the company’s stock valued at $2,941,000 after purchasing an additional 353 shares during the last quarter.

Several equities research analysts have recently commented on the company. Zacks Investment Research raised Acadia Healthcare from a “sell” rating to a “hold” rating in a report on Monday, November 12th. BidaskClub raised Acadia Healthcare from a “sell” rating to a “hold” rating in a report on Wednesday, October 31st. Cantor Fitzgerald reaffirmed a “hold” rating and set a $39.00 target price on shares of Acadia Healthcare in a report on Thursday, October 18th. Mizuho set a $37.00 target price on Acadia Healthcare and gave the company a “hold” rating in a report on Thursday, October 18th. Finally, ValuEngine raised Acadia Healthcare from a “sell” rating to a “hold” rating in a report on Friday, October 26th. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and three have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $40.36.

Shares of Acadia Healthcare stock opened at $26.40 on Monday. The stock has a market capitalization of $2.33 billion, a P/E ratio of 11.48, a price-to-earnings-growth ratio of 1.24 and a beta of 0.64. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.26 and a quick ratio of 1.26. Acadia Healthcare Company Inc has a 1 year low of $24.27 and a 1 year high of $45.35.

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Acadia Healthcare Profile

Acadia Healthcare Company, Inc develops and operates inpatient psychiatric facilities, residential treatment centers, group homes, substance abuse facilities, and outpatient behavioral healthcare facilities to serve the behavioral health and recovery needs of communities. The company operates acute inpatient psychiatric facilities, which offer evaluation and crisis stabilization of patients with severe psychiatric diagnoses; specialty treatment facilities, including residential recovery facilities, eating disorder facilities, and comprehensive treatment centers that provide continuum care for adults with addictive disorders and co-occurring mental disorders; and residential treatment centers, which treat patients with behavioral disorders in a non-hospital setting, including outdoor programs.

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

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