Avidity Partners Management LP Purchases New Position in Acadia Healthcare Company, Inc. $ACHC

Avidity Partners Management LP purchased a new stake in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 169,000 shares of the company’s stock, valued at approximately $2,398,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. EverSource Wealth Advisors LLC lifted its position in Acadia Healthcare by 54.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,404 shares of the company’s stock valued at $32,000 after acquiring an additional 497 shares during the last quarter. Federated Hermes Inc. lifted its position in Acadia Healthcare by 1.5% in the fourth quarter. Federated Hermes Inc. now owns 43,913 shares of the company’s stock valued at $623,000 after acquiring an additional 668 shares during the last quarter. Public Employees Retirement System of Ohio lifted its position in Acadia Healthcare by 2.8% in the third quarter. Public Employees Retirement System of Ohio now owns 31,335 shares of the company’s stock valued at $776,000 after acquiring an additional 867 shares during the last quarter. Treasurer of the State of North Carolina lifted its position in Acadia Healthcare by 2.1% in the second quarter. Treasurer of the State of North Carolina now owns 42,502 shares of the company’s stock valued at $964,000 after acquiring an additional 867 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky lifted its position in Acadia Healthcare by 1.5% in the third quarter. Teachers Retirement System of The State of Kentucky now owns 79,730 shares of the company’s stock valued at $1,974,000 after acquiring an additional 1,141 shares during the last quarter.

Acadia Healthcare Price Performance

Shares of NASDAQ:ACHC opened at $24.60 on Friday. The company has a 50-day simple moving average of $25.52 and a 200-day simple moving average of $20.04. Acadia Healthcare Company, Inc. has a one year low of $11.43 and a one year high of $30.20. The company has a debt-to-equity ratio of 1.27, a quick ratio of 1.71 and a current ratio of 1.71. The stock has a market capitalization of $2.26 billion, a price-to-earnings ratio of -2.01, a PEG ratio of 8.20 and a beta of 0.69.

Acadia Healthcare (NASDAQ:ACHC) last announced its earnings results on Wednesday, April 29th. The company reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.09. Acadia Healthcare had a negative net margin of 32.84% and a positive return on equity of 7.09%. The business had revenue of $828.80 million during the quarter, compared to analysts’ expectations of $823.51 million. During the same period in the prior year, the company earned $0.40 earnings per share. The business’s revenue was up 7.6% compared to the same quarter last year. Acadia Healthcare has set its Q2 2026 guidance at 0.300-0.400 EPS. On average, analysts predict that Acadia Healthcare Company, Inc. will post 1.5 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ACHC. UBS Group boosted their price target on shares of Acadia Healthcare from $27.00 to $31.00 and gave the company a “buy” rating in a research report on Friday, April 17th. KeyCorp reissued an “overweight” rating and issued a $30.00 price target on shares of Acadia Healthcare in a research report on Wednesday, May 27th. Cantor Fitzgerald boosted their price target on shares of Acadia Healthcare from $20.00 to $30.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Zacks Research raised shares of Acadia Healthcare from a “strong sell” rating to a “hold” rating in a report on Thursday, March 5th. Finally, TD Cowen upped their target price on shares of Acadia Healthcare from $24.00 to $30.00 and gave the company a “buy” rating in a report on Tuesday, April 28th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, five have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Acadia Healthcare presently has a consensus rating of “Hold” and a consensus target price of $26.85.

Acadia Healthcare Profile

Acadia Healthcare Company, Inc (NASDAQ: ACHC) is a publicly traded provider of behavioral healthcare services headquartered in Franklin, Tennessee. Founded in 2005, the company has grown through organic expansion and strategic acquisitions to establish itself as a leading specialist in mental health and addiction treatment across the United States.

Acadia operates a diversified network of inpatient psychiatric hospitals, residential treatment centers, outpatient clinics and intensive outpatient programs.