Acadia Healthcare Company, Inc. (NASDAQ:ACHC) Shares Acquired by BNP Paribas Arbitrage SA

BNP Paribas Arbitrage SA increased its stake in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 53.0% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 44,343 shares of the company’s stock after acquiring an additional 15,370 shares during the period. BNP Paribas Arbitrage SA’s holdings in Acadia Healthcare were worth $2,783,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GW&K Investment Management LLC raised its holdings in Acadia Healthcare by 16.3% in the first quarter. GW&K Investment Management LLC now owns 1,444,861 shares of the company’s stock valued at $82,559,000 after buying an additional 202,576 shares during the period. Guggenheim Capital LLC raised its holdings in Acadia Healthcare by 86.9% in the first quarter. Guggenheim Capital LLC now owns 21,065 shares of the company’s stock valued at $1,204,000 after buying an additional 9,793 shares during the period. MML Investors Services LLC purchased a new position in Acadia Healthcare in the first quarter valued at approximately $213,000. Mitsubishi UFJ Trust & Banking Corp raised its holdings in Acadia Healthcare by 21.7% in the first quarter. Mitsubishi UFJ Trust & Banking Corp now owns 8,035 shares of the company’s stock valued at $404,000 after buying an additional 1,435 shares during the period. Finally, TD Asset Management Inc. raised its holdings in Acadia Healthcare by 20.2% in the first quarter. TD Asset Management Inc. now owns 393,000 shares of the company’s stock valued at $22,456,000 after buying an additional 66,000 shares during the period.

A number of analysts have recently issued reports on the stock. Citigroup lifted their price objective on shares of Acadia Healthcare from $73.00 to $77.00 and gave the company a “buy” rating in a research note on Wednesday, August 4th. TheStreet upgraded shares of Acadia Healthcare from a “c+” rating to a “b-” rating in a research note on Monday, August 2nd. Barclays assumed coverage on shares of Acadia Healthcare in a research note on Thursday, August 12th. They set an “underweight” rating and a $69.00 price objective on the stock. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Acadia Healthcare from $62.00 to $70.00 and gave the company a “hold” rating in a research note on Wednesday, August 4th. Finally, UBS Group assumed coverage on shares of Acadia Healthcare in a research note on Thursday. They set a “buy” rating and a $81.00 price objective on the stock. One analyst has rated the stock with a sell rating, six have issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $65.59.

Acadia Healthcare stock opened at $65.15 on Friday. The company has a market cap of $5.85 billion, a PE ratio of -8.40, a P/E/G ratio of 6.90 and a beta of 1.56. The company has a fifty day moving average price of $63.33 and a two-hundred day moving average price of $62.31. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.35 and a quick ratio of 1.35. Acadia Healthcare Company, Inc. has a 12 month low of $27.21 and a 12 month high of $68.65.

Acadia Healthcare (NASDAQ:ACHC) last released its quarterly earnings data on Sunday, August 1st. The company reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.08. The firm had revenue of $582.20 million during the quarter, compared to the consensus estimate of $560.88 million. Acadia Healthcare had a negative net margin of 27.61% and a positive return on equity of 11.70%. The firm’s revenue was up 18.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.54 earnings per share. Equities research analysts anticipate that Acadia Healthcare Company, Inc. will post 2.6 earnings per share for the current year.

About Acadia Healthcare

Acadia Healthcare Co, Inc engages in the provision of behavioral healthcare services. It operates through the following business segments: United States (U.S.) Facilities and the United Kingdom (U.K.) Facilities. The U.S. Facilities segment classified in the following categories: acute inpatient psychiatric facilities; specialty treatment facilities; residential treatment centers; and outpatient community-based services.

Further Reading: What is Liquidity?

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Institutional Ownership by Quarter for Acadia Healthcare (NASDAQ:ACHC)

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