Dimensional Fund Advisors LP Has $126.19 Million Stake in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Dimensional Fund Advisors LP grew its holdings in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Free Report) by 18.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,182,729 shares of the company's stock after acquiring an additional 486,395 shares during the quarter. Dimensional Fund Advisors LP owned 3.43% of Acadia Healthcare worth $126,189,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Lindbrook Capital LLC increased its position in Acadia Healthcare by 1,342.0% during the 4th quarter. Lindbrook Capital LLC now owns 721 shares of the company's stock worth $29,000 after purchasing an additional 671 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of Acadia Healthcare by 69.4% during the fourth quarter. Blue Trust Inc. now owns 842 shares of the company's stock worth $33,000 after buying an additional 345 shares in the last quarter. Nisa Investment Advisors LLC lifted its stake in shares of Acadia Healthcare by 40.7% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,040 shares of the company's stock valued at $41,000 after acquiring an additional 301 shares during the last quarter. Signaturefd LLC boosted its holdings in shares of Acadia Healthcare by 460.6% during the 4th quarter. Signaturefd LLC now owns 1,222 shares of the company's stock valued at $48,000 after acquiring an additional 1,004 shares in the last quarter. Finally, Quadrant Capital Group LLC grew its position in Acadia Healthcare by 287.1% during the 4th quarter. Quadrant Capital Group LLC now owns 1,258 shares of the company's stock worth $50,000 after acquiring an additional 933 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several research firms have commented on ACHC. Bank of America dropped their target price on Acadia Healthcare from $50.00 to $44.50 and set a "buy" rating for the company in a research report on Friday, February 28th. Royal Bank of Canada cut their target price on shares of Acadia Healthcare from $64.00 to $43.00 and set an "outperform" rating on the stock in a research report on Monday, March 3rd. KeyCorp decreased their price target on shares of Acadia Healthcare from $70.00 to $65.00 and set an "overweight" rating for the company in a research report on Monday, March 3rd. Barclays lowered shares of Acadia Healthcare from an "overweight" rating to an "equal weight" rating and cut their price target for the stock from $43.00 to $35.00 in a report on Friday, February 28th. Finally, TD Cowen decreased their price objective on Acadia Healthcare from $70.00 to $66.00 and set a "buy" rating for the company in a report on Tuesday, January 7th. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $50.39.

Acadia Healthcare Trading Up 2.6 %

ACHC stock traded up $0.59 during midday trading on Friday, hitting $23.37. The stock had a trading volume of 352,570 shares, compared to its average volume of 1,621,855. 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 firm has a market cap of $2.15 billion, a P/E ratio of 7.66, a price-to-earnings-growth ratio of 1.46 and a beta of 1.01. The business has a fifty day moving average price of $27.99 and a two-hundred day moving average price of $37.82. Acadia Healthcare Company, Inc. has a 1-year low of $20.36 and a 1-year high of $82.41.

Acadia Healthcare Profile

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.