New York State Common Retirement Fund raised its holdings in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 3.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 300,283 shares of the company’s stock after acquiring an additional 10,088 shares during the quarter. New York State Common Retirement Fund owned about 0.34% of Acadia Healthcare worth $14,342,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Acadia Healthcare by 11.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,704 shares of the company’s stock worth $134,000 after purchasing an additional 270 shares during the period. C M Bidwell & Associates Ltd. bought a new position in shares of Acadia Healthcare in the second quarter worth $205,000. Riverhead Capital Management LLC bought a new position in shares of Acadia Healthcare in the second quarter worth $209,000. Rathbone Brothers plc bought a new position in shares of Acadia Healthcare in the third quarter worth $223,000. Finally, SG Americas Securities LLC bought a new position in shares of Acadia Healthcare in the second quarter worth $280,000.

Acadia Healthcare Company, Inc. (NASDAQ:ACHC) opened at $31.74 on Monday. Acadia Healthcare Company, Inc. has a 1 year low of $26.92 and a 1 year high of $54.34. The stock has a market cap of $2,790.00, a price-to-earnings ratio of 13.86, a P/E/G ratio of 1.18 and a beta of 0.90. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.36 and a quick ratio of 1.36.

Acadia Healthcare (NASDAQ:ACHC) last announced its earnings results on Tuesday, October 24th. The company reported $0.58 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by ($0.07). Acadia Healthcare had a return on equity of 8.57% and a net margin of 6.07%. The company had revenue of $716.70 million during the quarter, compared to analysts’ expectations of $728.86 million. During the same quarter last year, the firm posted $0.58 earnings per share. The firm’s revenue was down 2.4% on a year-over-year basis. analysts predict that Acadia Healthcare Company, Inc. will post 2.23 EPS for the current fiscal year.

Several research analysts have recently weighed in on the stock. Robert W. Baird reaffirmed a “hold” rating and issued a $37.00 price target on shares of Acadia Healthcare in a report on Friday. Credit Suisse Group began coverage on shares of Acadia Healthcare in a report on Thursday, November 2nd. They issued a “neutral” rating and a $35.00 price target on the stock. Mizuho reiterated a “neutral” rating on shares of Acadia Healthcare in a research report on Monday, October 30th. BMO Capital Markets cut their target price on shares of Acadia Healthcare from $52.00 to $48.00 and set an “outperform” rating for the company in a research report on Thursday, October 26th. Finally, Craig Hallum reiterated a “buy” rating and issued a $41.00 target price (down from $65.00) on shares of Acadia Healthcare in a research report on Thursday, October 26th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and nine have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $45.08.

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Acadia Healthcare Company Profile

Acadia Healthcare Company, Inc is a provider of behavioral healthcare services, with operations in the United States and the United Kingdom. The Company focuses on acquiring and developing behavioral healthcare facilities. The Company operates through two segments: U.S. Facilities and U.K. Facilities.

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

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