Hotchkis & Wiley Capital Management LLC Makes New Investment in Acadia Healthcare Company, Inc. $ACHC

Key Points

• Hotchkis & Wiley Capital Management LLC invested approximately $6.97 million in Acadia Healthcare by purchasing 230,000 shares during the first quarter, representing about 0.25% of the company.
• Acadia Healthcare recently received a consensus rating of "Moderate Buy" from analysts, with a price target averaging $40.77.
• The company reported a quarterly earnings per share of $0.83, exceeding expectations, with a revenue of $869.23 million for the quarter, reflecting a 9.2% year-over-year increase.

Hotchkis & Wiley Capital Management LLC acquired a new stake in Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 230,000 shares of the company's stock, valued at approximately $6,974,000. Hotchkis & Wiley Capital Management LLC owned approximately 0.25% of Acadia Healthcare at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. GAMMA Investing LLC grew its holdings in shares of Acadia Healthcare by 143.8% during the first quarter. GAMMA Investing LLC now owns 5,812 shares of the company's stock worth $176,000 after purchasing an additional 3,428 shares during the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in shares of Acadia Healthcare during the first quarter worth about $222,000. PNC Financial Services Group Inc. grew its holdings in shares of Acadia Healthcare by 10.3% during the first quarter. PNC Financial Services Group Inc. now owns 6,672 shares of the company's stock worth $202,000 after purchasing an additional 622 shares during the last quarter. Raiffeisen Bank International AG grew its holdings in shares of Acadia Healthcare by 33.3% during the first quarter. Raiffeisen Bank International AG now owns 160,000 shares of the company's stock worth $4,819,000 after purchasing an additional 40,000 shares during the last quarter. Finally, Teacher Retirement System of Texas purchased a new position in shares of Acadia Healthcare during the first quarter worth about $412,000.

Acadia Healthcare Stock Up 1.7%

NASDAQ:ACHC traded up $0.38 on Friday, reaching $23.00. The stock had a trading volume of 2,212,251 shares, compared to its average volume of 2,199,861. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 0.73. Acadia Healthcare Company, Inc. has a 12-month low of $17.13 and a 12-month high of $82.40. The company has a 50-day moving average of $21.99 and a 200 day moving average of $25.68. The stock has a market cap of $2.12 billion, a P/E ratio of 15.23, a price-to-earnings-growth ratio of 4.37 and a beta of 0.88.

Acadia Healthcare (NASDAQ:ACHC - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The company reported $0.83 EPS for the quarter, topping the consensus estimate of $0.71 by $0.12. Acadia Healthcare had a net margin of 4.31% and a return on equity of 8.34%. The business had revenue of $869.23 million for the quarter, compared to analysts' expectations of $839.59 million. During the same quarter last year, the company posted $0.91 earnings per share. The company's quarterly revenue was up 9.2% compared to the same quarter last year. Acadia Healthcare has set its FY 2025 guidance at 2.450-2.65 EPS. On average, research analysts predict that Acadia Healthcare Company, Inc. will post 3.38 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. KeyCorp lowered their price target on Acadia Healthcare from $65.00 to $55.00 and set an "overweight" rating on the stock in a report on Wednesday, May 14th. Guggenheim decreased their price target on Acadia Healthcare from $36.00 to $29.00 and set a "buy" rating on the stock in a research note on Thursday, August 7th. Stephens upgraded Acadia Healthcare to a "hold" rating in a research report on Monday, June 2nd. Cowen restated a "buy" rating on shares of Acadia Healthcare in a research report on Thursday, August 7th. Finally, Wall Street Zen upgraded Acadia Healthcare from a "sell" rating to a "hold" rating in a report on Sunday, August 3rd. Nine analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $40.77.

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.