Aristotle Capital Boston LLC Sells 84,529 Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Aristotle Capital Boston LLC decreased its position in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 10.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 741,733 shares of the company’s stock after selling 84,529 shares during the quarter. Aristotle Capital Boston LLC owned approximately 0.80% of Acadia Healthcare worth $29,410,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in ACHC. Tidal Investments LLC raised its stake in Acadia Healthcare by 7.9% in the third quarter. Tidal Investments LLC now owns 4,664 shares of the company’s stock worth $296,000 after buying an additional 340 shares in the last quarter. Franklin Resources Inc. raised its holdings in Acadia Healthcare by 273.1% in the third quarter. Franklin Resources Inc. now owns 105,228 shares of the company’s stock worth $6,673,000 after purchasing an additional 77,027 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of Acadia Healthcare by 2.1% during the third quarter. Principal Financial Group Inc. now owns 656,889 shares of the company’s stock valued at $41,653,000 after buying an additional 13,368 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Acadia Healthcare by 17.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,126,607 shares of the company’s stock valued at $198,258,000 after buying an additional 454,044 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in shares of Acadia Healthcare by 259.6% in the 4th quarter. GAMMA Investing LLC now owns 2,384 shares of the company’s stock worth $95,000 after buying an additional 1,721 shares during the last quarter.

Acadia Healthcare Stock Up 2.3 %

Shares of NASDAQ ACHC opened at $23.31 on Friday. The stock has a market cap of $2.15 billion, a PE ratio of 7.64, a P/E/G ratio of 1.46 and a beta of 1.01. The company has a 50-day moving average of $27.61 and a 200 day moving average of $37.59. Acadia Healthcare Company, Inc. has a 12-month low of $20.36 and a 12-month high of $82.41. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.60.

Analyst Upgrades and Downgrades

Several analysts have recently commented on ACHC shares. Barclays lowered Acadia Healthcare from an “overweight” rating to an “equal weight” rating and decreased their price objective for the company from $43.00 to $35.00 in a report on Friday, February 28th. TD Cowen cut their target price on shares of Acadia Healthcare from $70.00 to $66.00 and set a “buy” rating for the company in a report on Tuesday, January 7th. Mizuho lowered their price target on shares of Acadia Healthcare from $48.00 to $37.00 and set a “neutral” rating on the stock in a report on Tuesday, March 25th. KeyCorp reduced their price target on Acadia Healthcare from $70.00 to $65.00 and set an “overweight” rating for the company in a report on Monday, March 3rd. Finally, Royal Bank of Canada dropped their price objective on Acadia Healthcare from $64.00 to $43.00 and set an “outperform” rating on the stock in a report on Monday, March 3rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $50.39.

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.