Brown Advisory Inc. Makes New Investment in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Brown Advisory Inc. bought a new position in Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 828,659 shares of the company's stock, valued at approximately $25,125,000. Brown Advisory Inc. owned approximately 0.90% of Acadia Healthcare at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of ACHC. Signaturefd LLC boosted its position in shares of Acadia Healthcare by 460.6% in the 4th quarter. Signaturefd LLC now owns 1,222 shares of the company's stock worth $48,000 after purchasing an additional 1,004 shares during the last quarter. Quadrant Capital Group LLC boosted its holdings in Acadia Healthcare by 287.1% during the fourth quarter. Quadrant Capital Group LLC now owns 1,258 shares of the company's stock worth $50,000 after buying an additional 933 shares during the last quarter. UMB Bank n.a. grew its position in shares of Acadia Healthcare by 149.5% during the 1st quarter. UMB Bank n.a. now owns 1,260 shares of the company's stock worth $38,000 after buying an additional 755 shares during the period. State of Wyoming bought a new stake in shares of Acadia Healthcare in the 4th quarter valued at about $56,000. Finally, Covestor Ltd raised its position in shares of Acadia Healthcare by 27.2% in the 4th quarter. Covestor Ltd now owns 1,450 shares of the company's stock valued at $58,000 after acquiring an additional 310 shares during the period.

Acadia Healthcare Trading Up 1.2%

NASDAQ:ACHC opened at $24.42 on Thursday. The firm's fifty day moving average is $23.09 and its 200-day moving average is $30.92. Acadia Healthcare Company, Inc. has a 52 week low of $20.36 and a 52 week high of $82.41. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.35 and a current ratio of 1.35. The firm has a market cap of $2.25 billion, a P/E ratio of 12.03, a P/E/G ratio of 4.59 and a beta of 0.93.

Acadia Healthcare (NASDAQ:ACHC - Get Free Report) last released its quarterly earnings data on Monday, May 12th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.35 by $0.05. The firm had revenue of $770.51 million during the quarter, compared to the consensus estimate of $769.90 million. Acadia Healthcare had a return on equity of 8.72% and a net margin of 5.94%. The company's quarterly revenue was up .3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.84 earnings per share. Equities analysts expect that Acadia Healthcare Company, Inc. will post 3.38 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have recently weighed in on ACHC. Mizuho cut their price objective on Acadia Healthcare from $37.00 to $32.00 and set a "neutral" rating on the stock in a report on Wednesday, May 14th. Stephens raised shares of Acadia Healthcare to a "hold" rating in a research report on Monday, June 2nd. Barclays reduced their price objective on Acadia Healthcare from $35.00 to $28.00 and set an "equal weight" rating for the company in a report on Wednesday, May 14th. Guggenheim assumed coverage on Acadia Healthcare in a research note on Wednesday, April 9th. They issued a "buy" rating and a $36.00 price target for the company. Finally, KeyCorp dropped their target price on shares of Acadia Healthcare from $65.00 to $55.00 and set an "overweight" rating for the company in a report on Wednesday, May 14th. Five equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $47.94.

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.

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