Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Stock Holdings Lowered by Brevan Howard Capital Management LP

Brevan Howard Capital Management LP decreased its position in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 36.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 6,916 shares of the company’s stock after selling 3,971 shares during the period. Brevan Howard Capital Management LP’s holdings in Acadia Healthcare were worth $274,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Wellington Management Group LLP boosted its position in shares of Acadia Healthcare by 0.7% during the fourth quarter. Wellington Management Group LLP now owns 11,734,743 shares of the company’s stock worth $465,283,000 after buying an additional 76,490 shares during the period. FMR LLC raised its stake in Acadia Healthcare by 257.9% during the 4th quarter. FMR LLC now owns 6,230,631 shares of the company’s stock valued at $247,045,000 after acquiring an additional 4,489,681 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Acadia Healthcare by 18.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,182,729 shares of the company’s stock worth $126,189,000 after acquiring an additional 486,395 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Acadia Healthcare by 17.0% in the third quarter. JPMorgan Chase & Co. now owns 3,126,607 shares of the company’s stock worth $198,258,000 after purchasing an additional 454,044 shares in the last quarter. Finally, Stephens Investment Management Group LLC increased its holdings in shares of Acadia Healthcare by 24.9% during the fourth quarter. Stephens Investment Management Group LLC now owns 1,475,166 shares of the company’s stock valued at $58,490,000 after purchasing an additional 294,210 shares during the period.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on ACHC shares. Bank of America reduced their price objective on shares of Acadia Healthcare from $50.00 to $44.50 and set a “buy” rating for the company in a report on Friday, February 28th. Royal Bank of Canada decreased their price objective on shares of Acadia Healthcare from $64.00 to $43.00 and set an “outperform” rating for the company in a report on Monday, March 3rd. KeyCorp dropped their target price on Acadia Healthcare from $70.00 to $65.00 and set an “overweight” rating on the stock in a report on Monday, March 3rd. Guggenheim initiated coverage on Acadia Healthcare in a research report on Wednesday, April 9th. They issued a “buy” rating and a $36.00 target price for the company. Finally, Barclays cut Acadia Healthcare from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $43.00 to $35.00 in a research report on Friday, February 28th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Acadia Healthcare presently has a consensus rating of “Moderate Buy” and a consensus price target of $50.39.

Acadia Healthcare Trading Down 1.4%

Acadia Healthcare stock opened at $23.87 on Monday. Acadia Healthcare Company, Inc. has a 1 year low of $20.36 and a 1 year high of $82.41. The firm’s 50 day moving average price is $26.57 and its two-hundred day moving average price is $36.32. The firm has a market cap of $2.20 billion, a price-to-earnings ratio of 7.83, a price-to-earnings-growth ratio of 1.46 and a beta of 1.01. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.07 and a current ratio of 1.07.

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.