Levin Capital Strategies L.P. trimmed its holdings in shares of Acadia Healthcare Company Inc (NASDAQ:ACHC) by 10.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 132,343 shares of the company’s stock after selling 16,252 shares during the period. Levin Capital Strategies L.P. owned about 0.15% of Acadia Healthcare worth $4,318,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of the stock. Aperio Group LLC boosted its holdings in Acadia Healthcare by 4.8% during the third quarter. Aperio Group LLC now owns 30,187 shares of the company’s stock worth $1,442,000 after buying an additional 1,370 shares in the last quarter. Eagle Boston Investment Management Inc. boosted its stake in Acadia Healthcare by 1.5% in the 3rd quarter. Eagle Boston Investment Management Inc. now owns 126,677 shares of the company’s stock worth $6,031,000 after purchasing an additional 1,852 shares during the period. Oregon Public Employees Retirement Fund boosted its stake in Acadia Healthcare by 7.8% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 30,370 shares of the company’s stock worth $1,450,000 after purchasing an additional 2,203 shares during the period. Boston Private Wealth LLC boosted its stake in Acadia Healthcare by 2.6% in the 3rd quarter. Boston Private Wealth LLC now owns 88,019 shares of the company’s stock worth $4,204,000 after purchasing an additional 2,260 shares during the period. Finally, First Mercantile Trust Co. boosted its stake in Acadia Healthcare by 20.8% in the 4th quarter. First Mercantile Trust Co. now owns 13,450 shares of the company’s stock worth $439,000 after purchasing an additional 2,312 shares during the period.
In other Acadia Healthcare news, Director Reeve B. Waud sold 100,000 shares of the stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $31.80, for a total value of $3,180,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 11.10% of the stock is owned by corporate insiders.
Shares of Acadia Healthcare Company Inc (NASDAQ ACHC) opened at $36.32 on Friday. Acadia Healthcare Company Inc has a 12-month low of $26.92 and a 12-month high of $54.34. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.36 and a quick ratio of 1.36. The stock has a market cap of $3,186.45, a P/E ratio of 18.44, a price-to-earnings-growth ratio of 1.22 and a beta of 0.85.
ACHC has been the subject of a number of recent analyst reports. BidaskClub lowered shares of Acadia Healthcare from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. BMO Capital Markets decreased their price objective on shares of Acadia Healthcare from $52.00 to $48.00 and set an “outperform” rating for the company in a research note on Thursday, October 26th. KeyCorp reaffirmed a “buy” rating and issued a $59.00 price objective on shares of Acadia Healthcare in a research note on Friday, October 20th. Mizuho set a $60.00 price objective on shares of Acadia Healthcare and gave the stock a “buy” rating in a research note on Tuesday, October 24th. Finally, Credit Suisse Group initiated coverage on shares of Acadia Healthcare in a research note on Thursday, November 2nd. They issued a “neutral” rating and a $35.00 price objective for the company. Eight investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $43.92.
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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