Y Intercept Hong Kong Ltd Sells 7,560 Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Y Intercept Hong Kong Ltd trimmed its stake in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 20.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 29,045 shares of the company’s stock after selling 7,560 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Acadia Healthcare were worth $1,152,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also bought and sold shares of the company. Wellington Management Group LLP increased its stake in shares of Acadia Healthcare by 12.2% in the third quarter. Wellington Management Group LLP now owns 11,658,253 shares of the company’s stock worth $739,250,000 after buying an additional 1,266,384 shares during the period. JPMorgan Chase & Co. grew its holdings in Acadia Healthcare by 17.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,126,607 shares of the company’s stock worth $198,258,000 after acquiring an additional 454,044 shares during the last quarter. State Street Corp increased its position in shares of Acadia Healthcare by 3.5% in the third quarter. State Street Corp now owns 2,819,911 shares of the company’s stock valued at $178,811,000 after acquiring an additional 95,613 shares during the period. Point72 Asset Management L.P. raised its stake in shares of Acadia Healthcare by 0.5% during the third quarter. Point72 Asset Management L.P. now owns 2,282,810 shares of the company’s stock valued at $144,753,000 after acquiring an additional 12,470 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Acadia Healthcare by 0.9% during the third quarter. Geode Capital Management LLC now owns 1,613,198 shares of the company’s stock worth $102,320,000 after purchasing an additional 14,197 shares during the period.

Acadia Healthcare Stock Performance

Acadia Healthcare stock opened at $41.00 on Thursday. Acadia Healthcare Company, Inc. has a twelve month low of $36.50 and a twelve month high of $87.77. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.60. The company has a market capitalization of $3.81 billion, a P/E ratio of 13.44, a PEG ratio of 1.46 and a beta of 1.30. The stock’s 50 day moving average is $42.22 and its 200 day moving average is $52.30.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on ACHC shares. KeyCorp raised Acadia Healthcare from a “sector weight” rating to an “overweight” rating and set a $70.00 price target for the company in a research report on Tuesday, January 7th. Cantor Fitzgerald restated a “neutral” rating and set a $52.00 target price on shares of Acadia Healthcare in a report on Tuesday, December 10th. TD Cowen cut their price target on shares of Acadia Healthcare from $70.00 to $66.00 and set a “buy” rating on the stock in a report on Tuesday, January 7th. Deutsche Bank Aktiengesellschaft upgraded shares of Acadia Healthcare from a “hold” rating to a “buy” rating and upped their price objective for the stock from $45.00 to $75.00 in a report on Thursday, December 12th. Finally, StockNews.com lowered shares of Acadia Healthcare from a “hold” rating to a “sell” rating in a research note on Monday, January 6th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $70.22.

Acadia Healthcare Company Profile

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.