Dupont Capital Management Corp Trims Holdings in Acadia Healthcare Company Inc (ACHC)
Dupont Capital Management Corp reduced its stake in Acadia Healthcare Company Inc (NASDAQ:ACHC) by 52.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,900 shares of the company’s stock after selling 4,351 shares during the period. Dupont Capital Management Corp’s holdings in Acadia Healthcare were worth $114,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Private Capital Group LLC increased its holdings in Acadia Healthcare by 67.3% in the 1st quarter. Private Capital Group LLC now owns 865 shares of the company’s stock valued at $25,000 after acquiring an additional 348 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in shares of Acadia Healthcare by 2,686.1% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 897,973 shares of the company’s stock worth $35,000 after purchasing an additional 865,743 shares during the period. Advisor Group Inc. boosted its stake in shares of Acadia Healthcare by 23.9% during the 4th quarter. Advisor Group Inc. now owns 3,039 shares of the company’s stock worth $78,000 after purchasing an additional 587 shares during the period. Pearl River Capital LLC bought a new stake in Acadia Healthcare during the 4th quarter valued at about $92,000. Finally, Quantamental Technologies LLC bought a new stake in Acadia Healthcare during the 1st quarter valued at about $94,000.
NASDAQ:ACHC opened at $33.11 on Thursday. Acadia Healthcare Company Inc has a one year low of $24.27 and a one year high of $45.35. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.07 and a quick ratio of 1.07. The stock has a market capitalization of $2.93 billion, a PE ratio of 14.78, a price-to-earnings-growth ratio of 1.71 and a beta of 0.70.
A number of equities research analysts recently weighed in on the stock. BMO Capital Markets lifted their price objective on shares of Acadia Healthcare from $33.00 to $36.00 and gave the company a “market perform” rating in a report on Wednesday, May 1st. BidaskClub upgraded shares of Acadia Healthcare from a “sell” rating to a “hold” rating in a report on Wednesday, May 1st. Deutsche Bank set a $32.00 price objective on shares of Acadia Healthcare and gave the company a “hold” rating in a report on Thursday, May 2nd. ValuEngine upgraded shares of Acadia Healthcare from a “strong sell” rating to a “sell” rating in a report on Wednesday, April 24th. Finally, Citigroup decreased their price objective on shares of Acadia Healthcare from $43.00 to $38.00 and set a “buy” rating for the company in a report on Monday, March 4th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $36.80.
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Acadia Healthcare Profile
Acadia Healthcare Company, Inc develops and operates inpatient psychiatric facilities, residential treatment centers, group homes, substance abuse facilities, and outpatient behavioral healthcare facilities to serve the behavioral health and recovery needs of communities. The company operates acute inpatient psychiatric facilities, which offer evaluation and crisis stabilization of patients with severe psychiatric diagnoses; specialty treatment facilities, including residential recovery facilities, eating disorder facilities, and comprehensive treatment centers that provide continuum care for adults with addictive disorders and co-occurring mental disorders; and residential treatment centers, which treat patients with behavioral disorders in a non-hospital setting, including outdoor programs.
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