SG Americas Securities LLC Sells 12,610 Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

SG Americas Securities LLC lowered its stake in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHCGet Rating) by 62.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,598 shares of the company’s stock after selling 12,610 shares during the period. SG Americas Securities LLC’s holdings in Acadia Healthcare were worth $594,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of ACHC. First Horizon Advisors Inc. raised its position in shares of Acadia Healthcare by 153.9% during the second quarter. First Horizon Advisors Inc. now owns 452 shares of the company’s stock valued at $31,000 after buying an additional 274 shares during the last quarter. Point72 Hong Kong Ltd bought a new stake in shares of Acadia Healthcare during the first quarter valued at approximately $38,000. C M Bidwell & Associates Ltd. bought a new stake in shares of Acadia Healthcare during the second quarter valued at approximately $39,000. James Investment Research Inc. bought a new stake in shares of Acadia Healthcare during the second quarter valued at approximately $50,000. Finally, Wipfli Financial Advisors LLC bought a new stake in shares of Acadia Healthcare during the third quarter valued at approximately $72,000. Institutional investors own 99.79% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ACHC. UBS Group reduced their price objective on shares of Acadia Healthcare to $96.00 in a research report on Friday, November 4th. StockNews.com initiated coverage on shares of Acadia Healthcare in a research report on Wednesday, October 12th. They issued a “hold” rating on the stock. Royal Bank of Canada reduced their price target on shares of Acadia Healthcare from $94.00 to $93.00 and set an “outperform” rating on the stock in a research report on Monday, December 12th. Loop Capital upgraded shares of Acadia Healthcare from a “hold” rating to a “buy” rating and boosted their price target for the stock from $90.00 to $95.00 in a research report on Monday, December 12th. Finally, Mizuho boosted their price target on shares of Acadia Healthcare from $80.00 to $87.00 and gave the stock a “neutral” rating in a research report on Thursday, December 8th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $89.90.

Acadia Healthcare Stock Up 1.4 %

NASDAQ ACHC opened at $84.62 on Monday. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 0.50. The company has a fifty day moving average of $83.82 and a two-hundred day moving average of $81.64. The firm has a market capitalization of $7.70 billion, a price-to-earnings ratio of 27.30, a PEG ratio of 1.97 and a beta of 1.26. Acadia Healthcare Company, Inc. has a 52 week low of $50.07 and a 52 week high of $89.85.

Acadia Healthcare (NASDAQ:ACHCGet Rating) last posted its quarterly earnings data on Monday, October 31st. The company reported $0.80 EPS for the quarter, hitting the consensus estimate of $0.80. The company had revenue of $666.73 million during the quarter, compared to analyst estimates of $656.66 million. Acadia Healthcare had a net margin of 11.16% and a return on equity of 10.34%. On average, analysts predict that Acadia Healthcare Company, Inc. will post 3.08 earnings per share for the current year.

About Acadia Healthcare

(Get Rating)

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.

Further Reading

Want to see what other hedge funds are holding ACHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Acadia Healthcare Company, Inc. (NASDAQ:ACHCGet Rating).

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

Receive News & Ratings for Acadia Healthcare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acadia Healthcare and related companies with MarketBeat.com's FREE daily email newsletter.