Synovus Financial Corp Has $299,000 Holdings in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Synovus Financial Corp lifted its holdings in Acadia Healthcare Company, Inc. (NASDAQ:ACHCGet Rating) by 3.4% during the 2nd quarter, Holdings Channel reports. The fund owned 4,486 shares of the company’s stock after acquiring an additional 148 shares during the quarter. Synovus Financial Corp’s holdings in Acadia Healthcare were worth $299,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Mutual of America Capital Management LLC lifted its holdings in Acadia Healthcare by 2.0% during the 1st quarter. Mutual of America Capital Management LLC now owns 82,010 shares of the company’s stock worth $5,374,000 after buying an additional 1,575 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in Acadia Healthcare by 2,095.9% during the 1st quarter. Victory Capital Management Inc. now owns 424,503 shares of the company’s stock worth $27,885,000 after buying an additional 405,171 shares in the last quarter. Stephens Inc. AR lifted its holdings in Acadia Healthcare by 4.9% during the 1st quarter. Stephens Inc. AR now owns 5,889 shares of the company’s stock worth $386,000 after buying an additional 273 shares in the last quarter. Stephens Investment Management Group LLC lifted its holdings in Acadia Healthcare by 1.6% during the 1st quarter. Stephens Investment Management Group LLC now owns 1,599,971 shares of the company’s stock worth $104,846,000 after buying an additional 25,395 shares in the last quarter. Finally, Advisor Group Holdings Inc. lifted its holdings in Acadia Healthcare by 21.3% during the 1st quarter. Advisor Group Holdings Inc. now owns 4,111 shares of the company’s stock worth $270,000 after buying an additional 721 shares in the last quarter. 99.79% of the stock is owned by institutional investors and hedge funds.

Acadia Healthcare Stock Performance

Shares of Acadia Healthcare stock opened at $83.34 on Monday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.30 and a current ratio of 1.30. Acadia Healthcare Company, Inc. has a 52 week low of $50.07 and a 52 week high of $86.75. The firm has a fifty day moving average of $80.95 and a two-hundred day moving average of $76.99. The stock has a market capitalization of $7.58 billion, a price-to-earnings ratio of 26.88, a PEG ratio of 1.98 and a beta of 1.25.

Insider Activity at Acadia Healthcare

In related news, Director William Grieco sold 5,000 shares of the company’s stock in a transaction on Wednesday, September 7th. The shares were sold at an average price of $82.54, for a total value of $412,700.00. Following the completion of the sale, the director now owns 73,811 shares in the company, valued at approximately $6,092,359.94. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.90% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

ACHC has been the topic of several research reports. UBS Group reduced their price objective on Acadia Healthcare to $96.00 in a report on Friday, November 4th. Jefferies Financial Group upped their price objective on Acadia Healthcare from $85.00 to $95.00 in a report on Thursday, July 28th. StockNews.com initiated coverage on shares of Acadia Healthcare in a research report on Wednesday, October 12th. They set a “hold” rating for the company. SVB Leerink upped their target price on shares of Acadia Healthcare from $95.00 to $103.00 and gave the company an “outperform” rating in a research report on Friday, August 26th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of Acadia Healthcare from $70.00 to $82.00 in a research report on Monday, August 1st. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $86.00.

Acadia Healthcare Profile

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Acadia Healthcare Company, Inc provides behavioral healthcare services in the United States and Puerto Rico. The company offers behavioral healthcare services to its patients in various settings, including inpatient psychiatric hospitals, specialty treatment facilities, residential treatment centers, and outpatient clinics.

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Institutional Ownership by Quarter for Acadia Healthcare (NASDAQ:ACHC)

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