Vaughan Nelson Investment Management L.P. Grows Holdings in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Vaughan Nelson Investment Management L.P. increased its holdings in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 4.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 768,940 shares of the company’s stock after acquiring an additional 35,435 shares during the period. Vaughan Nelson Investment Management L.P.’s holdings in Acadia Healthcare were worth $48,758,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Blue Trust Inc. grew its holdings in Acadia Healthcare by 86.1% in the second 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 period. GAMMA Investing LLC grew its stake in Acadia Healthcare by 57.1% in the 3rd 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 period. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Acadia Healthcare in the 2nd quarter worth $59,000. Covestor Ltd raised its position in Acadia Healthcare by 834.4% during the third quarter. Covestor Ltd now owns 1,140 shares of the company’s stock worth $72,000 after acquiring an additional 1,018 shares during the period. Finally, DekaBank Deutsche Girozentrale purchased a new position in Acadia Healthcare during the third quarter valued at $86,000.

Acadia Healthcare Stock Down 3.9 %

NASDAQ ACHC opened at $37.82 on Friday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.60. Acadia Healthcare Company, Inc. has a 52 week low of $37.78 and a 52 week high of $87.77. The business’s fifty day simple moving average is $58.05 and its 200-day simple moving average is $65.60. The firm has a market cap of $3.51 billion, a PE ratio of 12.40, a P/E/G ratio of 1.76 and a beta of 1.33.

Acadia Healthcare (NASDAQ:ACHC) last posted its earnings results on Wednesday, October 30th. The company reported $0.91 earnings per share 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 analyst estimates of $819.42 million. Acadia Healthcare had a net margin of 8.99% and a return on equity of 11.12%. Acadia Healthcare’s revenue was up 8.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.91 EPS. As a group, equities analysts anticipate that Acadia Healthcare Company, Inc. will post 3.38 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on ACHC shares. KeyCorp assumed coverage on shares of Acadia Healthcare in a research report on Friday, October 11th. They set a “sector weight” rating for the company. Cantor Fitzgerald restated a “neutral” rating and issued a $90.00 target price on shares of Acadia Healthcare in a research report on Tuesday, October 1st. StockNews.com upgraded Acadia Healthcare from a “sell” rating to a “hold” rating in a research report on Thursday. Royal Bank of Canada restated an “outperform” rating and issued a $94.00 price objective on shares of Acadia Healthcare in a report on Friday, September 20th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Acadia Healthcare from $70.00 to $75.00 and gave the stock a “hold” rating in a report on Friday, August 2nd. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $86.67.

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.