Vaughan Nelson Investment Management L.P. Raises Stock Holdings in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Vaughan Nelson Investment Management L.P. increased its stake in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 40.6% during the 1st quarter, HoldingsChannel.com reports. The firm owned 436,880 shares of the company’s stock after purchasing an additional 126,220 shares during the quarter. Vaughan Nelson Investment Management L.P.’s holdings in Acadia Healthcare were worth $34,610,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Louisiana State Employees Retirement System bought a new position in shares of Acadia Healthcare during the 4th quarter valued at approximately $2,014,000. Rhenman & Partners Asset Management AB bought a new position in Acadia Healthcare in the 4th quarter valued at $1,448,000. Phocas Financial Corp. bought a new position in Acadia Healthcare in the 4th quarter valued at $6,887,000. Sivik Global Healthcare LLC grew its position in Acadia Healthcare by 20.0% in the 4th quarter. Sivik Global Healthcare LLC now owns 90,000 shares of the company’s stock valued at $6,998,000 after acquiring an additional 15,000 shares during the last quarter. Finally, Jennison Associates LLC grew its position in Acadia Healthcare by 26.1% in the 4th quarter. Jennison Associates LLC now owns 1,148,755 shares of the company’s stock valued at $89,327,000 after acquiring an additional 238,114 shares during the last quarter.

Acadia Healthcare Trading Down 1.3 %

Shares of NASDAQ ACHC opened at $66.12 on Wednesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 1.27 and a quick ratio of 1.27. The stock has a market capitalization of $6.13 billion, a P/E ratio of -472.25, a price-to-earnings-growth ratio of 2.03 and a beta of 1.31. Acadia Healthcare Company, Inc. has a 1-year low of $62.04 and a 1-year high of $87.77. The business has a fifty day moving average price of $68.28 and a 200 day moving average price of $75.72.

Acadia Healthcare (NASDAQ:ACHC) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.84 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.04. The firm had revenue of $768.10 million during the quarter, compared to analysts’ expectations of $779.20 million. Acadia Healthcare had a positive return on equity of 11.49% and a negative net margin of 0.38%. The firm’s quarterly revenue was up 9.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.75 EPS. Equities research analysts expect that Acadia Healthcare Company, Inc. will post 3.52 EPS for the current fiscal year.

Analyst Ratings Changes

Several brokerages have commented on ACHC. Deutsche Bank Aktiengesellschaft raised Acadia Healthcare from a “sell” rating to a “hold” rating and set a $70.00 price objective on the stock in a research report on Thursday, April 25th. TD Cowen cut their price objective on Acadia Healthcare from $101.00 to $91.00 and set a “buy” rating on the stock in a research report on Friday, May 17th. StockNews.com downgraded Acadia Healthcare from a “hold” rating to a “sell” rating in a research report on Tuesday, May 21st. Mizuho lowered their target price on Acadia Healthcare from $84.00 to $70.00 and set a “neutral” rating for the company in a report on Friday, May 3rd. Finally, Cantor Fitzgerald reiterated a “neutral” rating and issued a $90.00 target price on shares of Acadia Healthcare in a report on Tuesday. One analyst has rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $87.56.

About Acadia Healthcare

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.