Texas Permanent School Fund Corp Buys 1,045 Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Texas Permanent School Fund Corp grew its position in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 1.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 80,706 shares of the company’s stock after purchasing an additional 1,045 shares during the quarter. Texas Permanent School Fund Corp owned approximately 0.09% of Acadia Healthcare worth $6,394,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of ACHC. Fifth Third Bancorp grew its holdings in Acadia Healthcare by 25.5% during the 4th quarter. Fifth Third Bancorp now owns 670 shares of the company’s stock valued at $52,000 after buying an additional 136 shares in the last quarter. Tranquility Partners LLC boosted its position in shares of Acadia Healthcare by 5.3% during the fourth quarter. Tranquility Partners LLC now owns 3,395 shares of the company’s stock worth $264,000 after acquiring an additional 170 shares during the last quarter. New York State Teachers Retirement System increased its holdings in Acadia Healthcare by 0.3% in the 1st quarter. New York State Teachers Retirement System now owns 76,054 shares of the company’s stock valued at $6,025,000 after acquiring an additional 200 shares during the last quarter. Quent Capital LLC lifted its stake in Acadia Healthcare by 8.1% in the 1st quarter. Quent Capital LLC now owns 3,784 shares of the company’s stock worth $300,000 after purchasing an additional 284 shares in the last quarter. Finally, Retirement Systems of Alabama boosted its holdings in shares of Acadia Healthcare by 0.3% during the 1st quarter. Retirement Systems of Alabama now owns 115,799 shares of the company’s stock valued at $9,174,000 after purchasing an additional 303 shares during the last quarter.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Barclays dropped their price target on Acadia Healthcare from $91.00 to $89.00 and set an “overweight” rating for the company in a research note on Wednesday, May 15th. Deutsche Bank Aktiengesellschaft upgraded shares of Acadia Healthcare from a “sell” rating to a “hold” rating and set a $70.00 price target on the stock in a research report on Thursday, April 25th. TD Cowen lowered their price objective on shares of Acadia Healthcare from $101.00 to $91.00 and set a “buy” rating for the company in a research report on Friday, May 17th. Mizuho decreased their target price on shares of Acadia Healthcare from $84.00 to $70.00 and set a “neutral” rating on the stock in a research report on Friday, May 3rd. Finally, Bank of America dropped their price target on Acadia Healthcare from $105.00 to $90.00 and set a “buy” rating for the company in a research report on Thursday, May 2nd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $87.56.

Acadia Healthcare Trading Up 2.1 %

Shares of ACHC traded up $1.44 during mid-day trading on Friday, reaching $68.55. 41,260 shares of the company’s stock traded hands, compared to its average volume of 716,505. The stock’s 50-day moving average is $67.39 and its two-hundred day moving average is $75.22. Acadia Healthcare Company, Inc. has a 12 month low of $62.04 and a 12 month high of $87.77. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.63.

Acadia Healthcare (NASDAQ:ACHC) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.04. The company had revenue of $768.10 million during the quarter, compared to analyst estimates of $779.20 million. Acadia Healthcare had a negative net margin of 0.38% and a positive return on equity of 11.49%. The firm’s revenue for the quarter was up 9.1% on a year-over-year basis. During the same quarter last year, the business posted $0.75 EPS. On average, equities analysts anticipate that Acadia Healthcare Company, Inc. will post 3.52 earnings per share for the current year.

Acadia Healthcare Profile

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.