Mutual of America Capital Management LLC Has $3.59 Million Stock Holdings in Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Mutual of America Capital Management LLC lowered its stake in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 3.3% in the second quarter, HoldingsChannel reports. The institutional investor owned 53,119 shares of the company’s stock after selling 1,825 shares during the period. Mutual of America Capital Management LLC’s holdings in Acadia Healthcare were worth $3,588,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. William Blair Investment Management LLC lifted its holdings in shares of Acadia Healthcare by 20.7% during the 2nd quarter. William Blair Investment Management LLC now owns 3,515,464 shares of the company’s stock valued at $237,434,000 after buying an additional 604,070 shares during the last quarter. American Century Companies Inc. grew its position in Acadia Healthcare by 5.7% in the second quarter. American Century Companies Inc. now owns 429,713 shares of the company’s stock worth $29,023,000 after acquiring an additional 23,033 shares in the last quarter. Texas Permanent School Fund Corp increased its stake in shares of Acadia Healthcare by 11.3% during the 2nd quarter. Texas Permanent School Fund Corp now owns 89,821 shares of the company’s stock worth $6,067,000 after purchasing an additional 9,115 shares during the last quarter. Hudson Edge Investment Partners Inc. bought a new position in shares of Acadia Healthcare during the 2nd quarter valued at $390,000. Finally, Arizona State Retirement System lifted its stake in shares of Acadia Healthcare by 2.1% in the 2nd quarter. Arizona State Retirement System now owns 25,874 shares of the company’s stock valued at $1,748,000 after purchasing an additional 531 shares during the last quarter.

Analyst Ratings Changes

Several equities analysts have commented on ACHC shares. Deutsche Bank Aktiengesellschaft increased their target price on shares of Acadia Healthcare from $70.00 to $75.00 and gave the stock a “hold” rating in a research report on Friday, August 2nd. Royal Bank of Canada reaffirmed an “outperform” rating and set a $94.00 target price on shares of Acadia Healthcare in a research report on Friday. Barclays dropped their price target on shares of Acadia Healthcare from $89.00 to $83.00 and set an “overweight” rating on the stock in a research report on Thursday, August 1st. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and set a $90.00 price objective on shares of Acadia Healthcare in a report on Monday, August 19th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $87.44.

Acadia Healthcare Price Performance

NASDAQ:ACHC opened at $76.40 on Monday. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.18 and a quick ratio of 1.18. Acadia Healthcare Company, Inc. has a one year low of $62.04 and a one year high of $87.77. The company has a fifty day moving average price of $73.53 and a 200 day moving average price of $71.88. The stock has a market cap of $7.09 billion, a P/E ratio of -545.71, a PEG ratio of 2.22 and a beta of 1.30.

Acadia Healthcare (NASDAQ:ACHC) last released its earnings results on Wednesday, July 31st. The company reported $0.91 earnings per share for the quarter, beating the consensus estimate of $0.87 by $0.04. Acadia Healthcare had a negative net margin of 0.17% and a positive return on equity of 11.42%. The business had revenue of $796.00 million during the quarter, compared to analysts’ expectations of $784.38 million. During the same quarter last year, the company earned $0.92 earnings per share. The firm’s revenue was up 8.8% on a year-over-year basis. Analysts anticipate that Acadia Healthcare Company, Inc. will post 3.51 earnings per share for the current year.

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.