Brinker Capital Inc. decreased its stake in shares of Acadia Healthcare Company Inc (NASDAQ:ACHC) by 4.0% during the fourth quarter, Holdings Channel reports. The fund owned 14,860 shares of the company’s stock after selling 621 shares during the period. Brinker Capital Inc.’s holdings in Acadia Healthcare were worth $382,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in shares of Acadia Healthcare by 3.5% in the third quarter. JPMorgan Chase & Co. now owns 6,033,366 shares of the company’s stock valued at $212,375,000 after purchasing an additional 204,401 shares during the period. Prudential Financial Inc. grew its holdings in shares of Acadia Healthcare by 4.8% in the third quarter. Prudential Financial Inc. now owns 288,631 shares of the company’s stock valued at $10,160,000 after purchasing an additional 13,309 shares during the period. Rhumbline Advisers grew its holdings in shares of Acadia Healthcare by 2.5% in the third quarter. Rhumbline Advisers now owns 152,573 shares of the company’s stock valued at $5,371,000 after purchasing an additional 3,698 shares during the period. BlackRock Inc. grew its holdings in shares of Acadia Healthcare by 0.8% in the third quarter. BlackRock Inc. now owns 10,414,515 shares of the company’s stock valued at $366,592,000 after purchasing an additional 77,802 shares during the period. Finally, American International Group Inc. grew its holdings in shares of Acadia Healthcare by 8.6% in the third quarter. American International Group Inc. now owns 179,412 shares of the company’s stock valued at $6,315,000 after purchasing an additional 14,175 shares during the period.

Shares of ACHC stock opened at $29.65 on Wednesday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.35. The stock has a market cap of $2.61 billion, a price-to-earnings ratio of 13.16, a P/E/G ratio of 1.66 and a beta of 0.65. Acadia Healthcare Company Inc has a 1-year low of $24.27 and a 1-year high of $45.35.

Several research analysts have weighed in on the stock. BidaskClub raised shares of Acadia Healthcare from a “strong sell” rating to a “sell” rating in a research note on Friday, January 11th. TheStreet lowered shares of Acadia Healthcare from a “c” rating to a “d” rating in a research note on Friday, March 1st. Deutsche Bank assumed coverage on shares of Acadia Healthcare in a research note on Thursday, January 3rd. They set a “hold” rating and a $27.00 target price for the company. Robert W. Baird lowered their target price on shares of Acadia Healthcare from $40.00 to $38.00 and set a “neutral” rating for the company in a research note on Monday, March 4th. Finally, Mizuho set a $30.00 target price on shares of Acadia Healthcare and gave the stock a “hold” rating in a research note on Friday, January 25th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the stock. Acadia Healthcare presently has a consensus rating of “Hold” and an average target price of $37.20.

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Acadia Healthcare Profile

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. The company operates acute inpatient psychiatric facilities, which offer evaluation and crisis stabilization of patients with severe psychiatric diagnoses; specialty treatment facilities, including residential recovery facilities, eating disorder facilities, and comprehensive treatment centers that provide continuum care for adults with addictive disorders and co-occurring mental disorders; and residential treatment centers, which treat patients with behavioral disorders in a non-hospital setting, including outdoor programs.

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

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