Alyeska Investment Group L.P. Has $529,000 Position in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Alyeska Investment Group L.P. decreased its position in Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Free Report) by 98.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,349 shares of the company's stock after selling 1,213,691 shares during the quarter. Alyeska Investment Group L.P.'s holdings in Acadia Healthcare were worth $529,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Treasurer of the State of North Carolina boosted its holdings in shares of Acadia Healthcare by 0.6% in the fourth quarter. Treasurer of the State of North Carolina now owns 40,005 shares of the company's stock valued at $1,586,000 after acquiring an additional 250 shares in the last quarter. Nisa Investment Advisors LLC boosted its stake in Acadia Healthcare by 40.7% during the 4th quarter. Nisa Investment Advisors LLC now owns 1,040 shares of the company's stock valued at $41,000 after purchasing an additional 301 shares in the last quarter. Coldstream Capital Management Inc. increased its position in shares of Acadia Healthcare by 4.9% during the 4th quarter. Coldstream Capital Management Inc. now owns 6,470 shares of the company's stock valued at $257,000 after purchasing an additional 303 shares during the period. Covestor Ltd lifted its holdings in shares of Acadia Healthcare by 27.2% in the fourth quarter. Covestor Ltd now owns 1,450 shares of the company's stock valued at $58,000 after buying an additional 310 shares during the period. Finally, Pacer Advisors Inc. lifted its holdings in shares of Acadia Healthcare by 2.4% in the fourth quarter. Pacer Advisors Inc. now owns 13,847 shares of the company's stock valued at $549,000 after buying an additional 325 shares during the period.

Acadia Healthcare Price Performance

ACHC stock traded up $1.82 during trading on Monday, hitting $25.66. 734,283 shares of the stock traded hands, compared to its average volume of 2,220,317. Acadia Healthcare Company, Inc. has a one year low of $20.36 and a one year high of $82.40. The company has a 50 day simple moving average of $26.57 and a 200 day simple moving average of $36.32. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.60. The stock has a market cap of $2.36 billion, a price-to-earnings ratio of 8.41, a P/E/G ratio of 1.46 and a beta of 1.01.

Wall Street Analyst Weigh In

Several equities research analysts have commented on ACHC shares. Barclays cut shares of Acadia Healthcare from an "overweight" rating to an "equal weight" rating and dropped their price target for the stock from $43.00 to $35.00 in a research report on Friday, February 28th. Guggenheim assumed coverage on shares of Acadia Healthcare in a research note on Wednesday, April 9th. They set a "buy" rating and a $36.00 target price for the company. KeyCorp dropped their price target on Acadia Healthcare from $70.00 to $65.00 and set an "overweight" rating on the stock in a report on Monday, March 3rd. Bank of America cut their target price on Acadia Healthcare from $50.00 to $44.50 and set a "buy" rating on the stock in a research report on Friday, February 28th. Finally, Mizuho decreased their target price on shares of Acadia Healthcare from $48.00 to $37.00 and set a "neutral" rating for the company in a report on Tuesday, March 25th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $50.39.

About Acadia Healthcare

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.