Raiffeisen Bank International AG Has $4.82 Million Holdings in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Key Points

• Raiffeisen Bank International AG increased its stake in Acadia Healthcare Company by 33.3%, acquiring an additional 40,000 shares during the first quarter, bringing its total holdings to 160,000 shares.
• Acadia Healthcare reported $0.40 earnings per share for the quarter, beating expectations by $0.05 and achieving a 5.94% net margin.
• Multiple analysts have downgraded their price targets for Acadia Healthcare, with KeyCorp now targeting $55.00 and Mizuho adjusting their target to $32.00.

Raiffeisen Bank International AG lifted its stake in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Free Report) by 33.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 160,000 shares of the company's stock after acquiring an additional 40,000 shares during the period. Raiffeisen Bank International AG owned 0.17% of Acadia Healthcare worth $4,819,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of ACHC. LPL Financial LLC grew its stake in shares of Acadia Healthcare by 5.4% in the fourth quarter. LPL Financial LLC now owns 55,830 shares of the company's stock valued at $2,275,000 after buying an additional 2,869 shares in the last quarter. Russell Investments Group Ltd. boosted its holdings in Acadia Healthcare by 21.4% in the fourth quarter. Russell Investments Group Ltd. now owns 18,421 shares of the company's stock valued at $730,000 after purchasing an additional 3,248 shares during the last quarter. Quadrant Capital Group LLC increased its holdings 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 purchasing an additional 933 shares during the last quarter. FMR LLC boosted its stake in shares of Acadia Healthcare by 257.9% during the 4th quarter. FMR LLC now owns 6,230,631 shares of the company's stock valued at $247,045,000 after buying an additional 4,489,681 shares during the last quarter. Finally, Cerity Partners LLC increased its stake in shares of Acadia Healthcare by 52.1% in the fourth quarter. Cerity Partners LLC now owns 50,060 shares of the company's stock worth $1,985,000 after buying an additional 17,138 shares during the last quarter.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on ACHC shares. Mizuho reduced their price target on shares of Acadia Healthcare from $37.00 to $32.00 and set a "neutral" rating on the stock in a research report on Wednesday, May 14th. Stephens raised shares of Acadia Healthcare to a "hold" rating in a report on Monday, June 2nd. Wall Street Zen raised shares of Acadia Healthcare from a "sell" rating to a "hold" rating in a research report on Sunday. Barclays dropped their price target on Acadia Healthcare from $35.00 to $28.00 and set an "equal weight" rating on the stock in a research report on Wednesday, May 14th. Finally, KeyCorp cut their target price on Acadia Healthcare from $65.00 to $55.00 and set an "overweight" rating on the stock in a research note on Wednesday, May 14th. Five analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat.com, Acadia Healthcare has a consensus rating of "Moderate Buy" and a consensus target price of $47.94.

Acadia Healthcare Price Performance

Shares of NASDAQ ACHC traded up $0.39 during trading on Tuesday, hitting $21.76. The company had a trading volume of 3,366,743 shares, compared to its average volume of 1,578,602. The company has a market cap of $2.00 billion, a P/E ratio of 10.72, a PEG ratio of 4.07 and a beta of 0.88. 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 business's 50-day moving average is $22.47 and its 200 day moving average is $28.34. Acadia Healthcare Company, Inc. has a 52 week low of $20.35 and a 52 week high of $82.40.

Acadia Healthcare (NASDAQ:ACHC - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported $0.83 earnings per share for the quarter, beating analysts' consensus estimates of $0.71 by $0.12. Acadia Healthcare had a return on equity of 8.72% and a net margin of 5.94%. During the same period last year, the business posted $0.91 earnings per share. Acadia Healthcare's quarterly revenue was up 9.2% on a year-over-year basis. Equities research analysts predict that Acadia Healthcare Company, Inc. will post 3.38 earnings per share for the current fiscal year.

Acadia Healthcare Company 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.