Dynamic Technology Lab Private Ltd acquired a new position in shares of Acadia Healthcare Company Inc (NASDAQ:ACHC) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 17,490 shares of the company’s stock, valued at approximately $513,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in shares of Acadia Healthcare by 11.3% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,125 shares of the company’s stock worth $157,000 after acquiring an additional 624 shares during the last quarter. Arizona State Retirement System lifted its holdings in shares of Acadia Healthcare by 1.1% in the 4th quarter. Arizona State Retirement System now owns 63,345 shares of the company’s stock worth $1,629,000 after acquiring an additional 666 shares during the last quarter. Xact Kapitalforvaltning AB lifted its holdings in shares of Acadia Healthcare by 2.8% in the 4th quarter. Xact Kapitalforvaltning AB now owns 14,574 shares of the company’s stock worth $375,000 after acquiring an additional 400 shares during the last quarter. Rhumbline Advisers lifted its holdings in shares of Acadia Healthcare by 45.8% in the 4th quarter. Rhumbline Advisers now owns 222,487 shares of the company’s stock worth $5,720,000 after acquiring an additional 69,914 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System lifted its holdings in Acadia Healthcare by 1.6% during the 4th quarter. State Board of Administration of Florida Retirement System now owns 96,965 shares of the company’s stock worth $2,493,000 after buying an additional 1,501 shares in the last quarter.

A number of research firms have issued reports on ACHC. Robert W. Baird reduced their target price on shares of Acadia Healthcare from $40.00 to $38.00 and set a “neutral” rating on the stock in a report on Monday, March 4th. Deutsche Bank set a $32.00 target price on shares of Acadia Healthcare and gave the stock a “hold” rating in a report on Thursday, May 2nd. Zacks Investment Research upgraded shares of Acadia Healthcare from a “hold” rating to a “buy” rating and set a $30.00 target price on the stock in a report on Monday, February 18th. BidaskClub upgraded shares of Acadia Healthcare from a “hold” rating to a “buy” rating in a report on Wednesday, May 22nd. Finally, TheStreet lowered shares of Acadia Healthcare from a “c” rating to a “d” rating in a report on Friday, March 1st. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $36.80.

Acadia Healthcare stock opened at $33.78 on Thursday. The company has a market cap of $3.00 billion, a price-to-earnings ratio of 15.08, a price-to-earnings-growth ratio of 1.81 and a beta of 0.64. Acadia Healthcare Company Inc has a 52-week low of $24.27 and a 52-week high of $45.35. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.55.

Acadia Healthcare (NASDAQ:ACHC) last announced its quarterly earnings data on Tuesday, April 30th. The company reported $0.39 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.04. Acadia Healthcare had a negative net margin of 6.50% and a positive return on equity of 7.33%. The business had revenue of $760.60 million for the quarter, compared to analyst estimates of $762.02 million. During the same period last year, the business earned $0.52 EPS. The company’s revenue was up 2.5% on a year-over-year basis. Equities analysts expect that Acadia Healthcare Company Inc will post 2.21 earnings per share for the current fiscal year.

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About Acadia Healthcare

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 in the United States, the United Kingdom, and Puerto Rico.

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

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