Teacher Retirement System of Texas Takes $412,000 Position in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Teacher Retirement System of Texas acquired a new stake in Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 13,579 shares of the company's stock, valued at approximately $412,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Treasurer of the State of North Carolina increased its position in Acadia Healthcare by 0.6% in the 4th 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 during the period. Coldstream Capital Management Inc. boosted its stake in Acadia Healthcare by 4.9% during the fourth quarter. Coldstream Capital Management Inc. now owns 6,470 shares of the company's stock worth $257,000 after acquiring an additional 303 shares in the last quarter. Covestor Ltd boosted its stake in Acadia Healthcare by 27.2% during the fourth quarter. Covestor Ltd now owns 1,450 shares of the company's stock worth $58,000 after acquiring an additional 310 shares in the last quarter. Xponance Inc. grew its holdings in shares of Acadia Healthcare by 5.9% during the fourth quarter. Xponance Inc. now owns 10,530 shares of the company's stock valued at $418,000 after buying an additional 590 shares during the last quarter. Finally, Quantinno Capital Management LP grew its holdings in shares of Acadia Healthcare by 9.0% during the fourth quarter. Quantinno Capital Management LP now owns 8,695 shares of the company's stock valued at $345,000 after buying an additional 721 shares during the last quarter.

Acadia Healthcare Price Performance

ACHC opened at $22.77 on Friday. 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 stock has a market capitalization of $2.10 billion, a P/E ratio of 11.22, a P/E/G ratio of 4.32 and a beta of 0.93. The company's 50-day simple moving average is $23.11 and its two-hundred day simple moving average is $30.32. Acadia Healthcare Company, Inc. has a 52-week low of $20.36 and a 52-week high of $82.41.

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

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Wall Street Zen raised shares of Acadia Healthcare from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd. Barclays reduced their target price on shares of Acadia Healthcare from $35.00 to $28.00 and set an "equal weight" rating for the company in a research note on Wednesday, May 14th. Mizuho reduced their target price on shares of Acadia Healthcare from $37.00 to $32.00 and set a "neutral" rating for the company in a research note on Wednesday, May 14th. 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 price objective for the company. Finally, Stephens raised shares of Acadia Healthcare to a "hold" rating in a research note on Monday, June 2nd. Five research analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, Acadia Healthcare currently has an average rating of "Moderate Buy" and a consensus target price of $47.94.

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.

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