TimesSquare Capital Management LLC decreased its holdings in shares of Acadia Healthcare Company Inc (NASDAQ:ACHC) by 40.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 748,400 shares of the company’s stock after selling 515,420 shares during the quarter. TimesSquare Capital Management LLC’s holdings in Acadia Healthcare were worth $24,420,000 as of its most recent SEC filing.
Several other hedge funds have also modified their holdings of ACHC. State of Alaska Department of Revenue purchased a new position in shares of Acadia Healthcare during the fourth quarter valued at $150,000. CIBC World Markets Inc. purchased a new position in shares of Acadia Healthcare during the fourth quarter valued at $236,000. Arthur Zaske & Associates LLC purchased a new position in shares of Acadia Healthcare during the third quarter valued at $283,000. Parametrica Management Ltd purchased a new position in shares of Acadia Healthcare during the fourth quarter valued at $327,000. Finally, Trustcore Financial Services LLC purchased a new position in shares of Acadia Healthcare during the fourth quarter valued at $335,000.
In other Acadia Healthcare news, Director Reeve B. Waud sold 200,000 shares of the business’s stock in a transaction dated Tuesday, March 6th. The stock was sold at an average price of $39.02, for a total value of $7,804,000.00. Following the completion of the sale, the director now owns 10,088 shares of the company’s stock, valued at $393,633.76. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, VP Randall P. Goldberg sold 960 shares of the business’s stock in a transaction dated Thursday, March 1st. The stock was sold at an average price of $38.47, for a total value of $36,931.20. Following the completion of the sale, the vice president now directly owns 6,942 shares of the company’s stock, valued at approximately $267,058.74. The disclosure for this sale can be found here. Insiders sold 450,960 shares of company stock valued at $16,821,431 in the last ninety days. Insiders own 11.10% of the company’s stock.
Acadia Healthcare Company Inc (NASDAQ:ACHC) opened at $41.10 on Friday. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.25 and a quick ratio of 1.25. Acadia Healthcare Company Inc has a 52 week low of $26.92 and a 52 week high of $54.34. The company has a market capitalization of $3,614.74, a PE ratio of 17.95, a price-to-earnings-growth ratio of 1.34 and a beta of 0.69.
Acadia Healthcare (NASDAQ:ACHC) last issued its earnings results on Wednesday, February 21st. The company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.07. Acadia Healthcare had a return on equity of 8.16% and a net margin of 6.92%. The firm had revenue of $724.50 million for the quarter, compared to the consensus estimate of $713.20 million. During the same quarter in the previous year, the company posted $0.59 earnings per share. The business’s quarterly revenue was up 3.1% compared to the same quarter last year. equities research analysts forecast that Acadia Healthcare Company Inc will post 2.45 EPS for the current fiscal year.
About Acadia Healthcare
Acadia Healthcare Company, Inc is a provider of behavioral healthcare services, with operations in the United States and the United Kingdom. The Company focuses on acquiring and developing behavioral healthcare facilities. The Company operates through two segments: U.S. Facilities and U.K. Facilities.
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: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.