Teacher Retirement System of Texas Acquires Shares of 13,579 Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Teacher Retirement System of Texas bought a new stake in Acadia Healthcare Company, Inc. (NASDAQ:ACHC - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 13,579 shares of the company's stock, valued at approximately $412,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Wellington Management Group LLP grew its holdings in Acadia Healthcare by 0.7% during the fourth quarter. Wellington Management Group LLP now owns 11,734,743 shares of the company's stock worth $465,283,000 after purchasing an additional 76,490 shares during the period. FMR LLC boosted its holdings in shares of Acadia Healthcare by 257.9% during the fourth quarter. FMR LLC now owns 6,230,631 shares of the company's stock worth $247,045,000 after acquiring an additional 4,489,681 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Acadia Healthcare by 18.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,182,729 shares of the company's stock worth $126,189,000 after acquiring an additional 486,395 shares during the period. Madison Avenue Partners LP bought a new stake in shares of Acadia Healthcare during the fourth quarter worth approximately $76,339,000. Finally, Sachem Head Capital Management LP bought a new stake in shares of Acadia Healthcare during the fourth quarter worth approximately $52,734,000.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ACHC. Guggenheim began 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. Mizuho cut their price target on Acadia Healthcare from $37.00 to $32.00 and set a "neutral" rating for the company in a research note on Wednesday, May 14th. KeyCorp cut their price target on Acadia Healthcare from $65.00 to $55.00 and set an "overweight" rating for the company in a research note on Wednesday, May 14th. Wall Street Zen upgraded Acadia Healthcare from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd. Finally, Stephens upgraded Acadia Healthcare to a "hold" rating in a research note on Monday, June 2nd. Five 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 Trading Down 1.3%

ACHC traded down $0.28 during trading on Monday, reaching $21.64. 1,462,552 shares of the stock traded hands, compared to its average volume of 1,869,107. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $1.99 billion, a PE ratio of 10.66, a P/E/G ratio of 4.18 and a beta of 0.93. The stock's 50-day moving average is $23.07 and its 200 day moving average is $30.06. Acadia Healthcare Company, Inc. has a 12 month low of $20.36 and a 12 month high of $82.41.

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

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.