Universal Beteiligungs und Servicegesellschaft mbH Invests $1.84 Million in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) in the 1st quarter, Holdings Channel.com reports. The fund purchased 60,636 shares of the company’s stock, valued at approximately $1,838,000.

A number of other hedge funds have also recently modified their holdings of ACHC. GW&K Investment Management LLC increased its position in shares of Acadia Healthcare by 0.7% during the first quarter. GW&K Investment Management LLC now owns 993,641 shares of the company’s stock valued at $30,127,000 after buying an additional 7,155 shares during the period. Teachers Retirement System of The State of Kentucky lifted its position in Acadia Healthcare by 6.4% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 63,950 shares of the company’s stock valued at $1,939,000 after purchasing an additional 3,822 shares during the period. Verdence Capital Advisors LLC bought a new position in Acadia Healthcare during the first quarter valued at approximately $430,000. Victory Capital Management Inc. raised its position in Acadia Healthcare by 11.9% in the first quarter. Victory Capital Management Inc. now owns 19,379 shares of the company’s stock worth $588,000 after acquiring an additional 2,065 shares during the period. Finally, Edgestream Partners L.P. raised its position in Acadia Healthcare by 20.8% in the first quarter. Edgestream Partners L.P. now owns 108,708 shares of the company’s stock worth $3,296,000 after acquiring an additional 18,682 shares during the period.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on ACHC. Guggenheim assumed coverage on shares of Acadia Healthcare in a research note on Wednesday, April 9th. They issued a “buy” rating and a $36.00 price objective for the company. Barclays lowered their target price on shares of Acadia Healthcare from $35.00 to $28.00 and set an “equal weight” rating for the company in a report on Wednesday, May 14th. Mizuho cut their target price on shares of Acadia Healthcare from $37.00 to $32.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 14th. Stephens raised shares of Acadia Healthcare to a “hold” rating in a research report on Monday, June 2nd. Finally, Wall Street Zen cut shares of Acadia Healthcare from a “hold” rating to a “sell” rating in a research note on Saturday, July 26th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $47.94.

Acadia Healthcare Stock Performance

ACHC opened at $22.45 on Thursday. The stock has a market cap of $2.07 billion, a P/E ratio of 11.06, a P/E/G ratio of 4.24 and a beta of 0.93. The firm has a fifty day moving average price of $22.55 and a 200 day moving average price of $29.02. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.35 and a quick ratio of 1.35. Acadia Healthcare Company, Inc. has a 1 year low of $20.35 and a 1 year high of $82.40.

Acadia Healthcare (NASDAQ:ACHC) last issued its quarterly earnings results on Monday, May 12th. The company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.35 by $0.05. Acadia Healthcare had a net margin of 5.94% and a return on equity of 8.72%. The company had revenue of $770.51 million during the quarter, compared to analyst estimates of $769.90 million. During the same quarter in the previous year, the firm earned $0.84 EPS. The firm’s revenue was up .3% compared to the same quarter last year. Equities research analysts anticipate 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.