Barclays PLC Lowers Holdings in Acadia Healthcare Company Inc (NASDAQ:ACHC)

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Barclays PLC trimmed its position in Acadia Healthcare Company Inc (NASDAQ:ACHC) by 84.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 65,144 shares of the company’s stock after selling 349,599 shares during the period. Barclays PLC’s holdings in Acadia Healthcare were worth $2,026,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in ACHC. Arizona State Retirement System boosted its stake in Acadia Healthcare by 1.4% during the second quarter. Arizona State Retirement System now owns 64,378 shares of the company’s stock valued at $2,250,000 after buying an additional 862 shares during the period. Virginia Retirement Systems ET AL raised its stake in Acadia Healthcare by 2.5% in the second quarter. Virginia Retirement Systems ET AL now owns 16,300 shares of the company’s stock valued at $570,000 after purchasing an additional 400 shares in the last quarter. SG Americas Securities LLC raised its stake in Acadia Healthcare by 255.9% in the second quarter. SG Americas Securities LLC now owns 31,971 shares of the company’s stock valued at $1,117,000 after purchasing an additional 22,988 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Acadia Healthcare by 25.4% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,421 shares of the company’s stock valued at $224,000 after purchasing an additional 1,300 shares in the last quarter. Finally, Alpha Windward LLC bought a new stake in Acadia Healthcare during the second quarter valued at approximately $462,000.

ACHC stock opened at $32.15 on Friday. The company has a market capitalization of $2.85 billion, a PE ratio of 14.35, a price-to-earnings-growth ratio of 1.51 and a beta of 0.68. The company has a debt-to-equity ratio of 1.49, a quick ratio of 1.17 and a current ratio of 1.17. Acadia Healthcare Company Inc has a one year low of $24.27 and a one year high of $35.40. The company’s 50 day moving average price is $31.31 and its two-hundred day moving average price is $31.24.

Acadia Healthcare (NASDAQ:ACHC) last announced its quarterly earnings data on Tuesday, November 5th. The company reported $0.52 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.03). Acadia Healthcare had a negative net margin of 6.88% and a positive return on equity of 7.31%. The business had revenue of $777.25 million during the quarter, compared to analysts’ expectations of $790.39 million. During the same period last year, the company posted $0.55 EPS. Acadia Healthcare’s revenue for the quarter was up 2.1% on a year-over-year basis. On average, research analysts predict that Acadia Healthcare Company Inc will post 2.01 EPS for the current year.

A number of equities analysts have recently commented on ACHC shares. ValuEngine lowered shares of Acadia Healthcare from a “hold” rating to a “sell” rating in a report on Tuesday, November 19th. UBS Group lifted their price objective on shares of Acadia Healthcare from $29.00 to $34.00 and gave the stock a “neutral” rating in a report on Friday, September 20th. BidaskClub raised shares of Acadia Healthcare from a “hold” rating to a “buy” rating in a report on Saturday, November 23rd. Finally, Jefferies Financial Group set a $40.00 target price on shares of Acadia Healthcare and gave the stock a “buy” rating in a research report on Thursday, October 10th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the stock. Acadia Healthcare presently has a consensus rating of “Hold” and a consensus target price of $36.00.

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.

Read More: Capital Gains Distribution

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

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