Nuveen Asset Management LLC Buys 181,676 Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Nuveen Asset Management LLC lifted its stake in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 47.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 560,637 shares of the company’s stock after acquiring an additional 181,676 shares during the period. Nuveen Asset Management LLC’s holdings in Acadia Healthcare were worth $22,229,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Occudo Quantitative Strategies LP acquired a new stake in shares of Acadia Healthcare in the 4th quarter valued at about $672,000. Moore Capital Management LP acquired a new stake in Acadia Healthcare in the 4th quarter valued at approximately $1,175,000. Integral Health Asset Management LLC bought a new stake in Acadia Healthcare in the 4th quarter valued at approximately $11,895,000. Irenic Capital Management LP bought a new stake in shares of Acadia Healthcare in the fourth quarter worth $5,309,000. Finally, J. Goldman & Co LP acquired a new position in Acadia Healthcare during the fourth quarter worth $25,057,000.

Acadia Healthcare Price Performance

Shares of NASDAQ ACHC opened at $22.53 on Friday. The firm has a market cap of $2.08 billion, a P/E ratio of 7.39, a price-to-earnings-growth ratio of 1.46 and a beta of 1.01. The business’s 50 day moving average is $25.70 and its 200-day moving average is $34.95. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.60. Acadia Healthcare Company, Inc. has a 1-year low of $20.36 and a 1-year high of $82.41.

Acadia Healthcare (NASDAQ:ACHC) last posted its quarterly earnings data on Monday, May 12th. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.35 by $0.05. The firm had revenue of $770.51 million for the quarter, compared to analysts’ expectations of $769.90 million. Acadia Healthcare had a return on equity of 11.12% and a net margin of 8.99%. The company’s quarterly revenue was up .3% compared to the same quarter last year. During the same quarter last year, the business earned $0.84 EPS. Equities research analysts predict that Acadia Healthcare Company, Inc. will post 3.38 earnings per share for the current year.

Analyst Ratings Changes

ACHC has been the topic of a number of recent research reports. Royal Bank of Canada lowered their target price on Acadia Healthcare from $64.00 to $43.00 and set an “outperform” rating on the stock in a research report on Monday, March 3rd. Bank of America decreased their target price on shares of Acadia Healthcare from $50.00 to $44.50 and set a “buy” rating for the company in a research note on Friday, February 28th. KeyCorp dropped their price target on shares of Acadia Healthcare from $65.00 to $55.00 and set an “overweight” rating on the stock in a research report on Wednesday, May 14th. Barclays lowered their price objective on shares of Acadia Healthcare from $35.00 to $28.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 14th. Finally, Guggenheim started coverage on shares of Acadia Healthcare in a research note on Wednesday, April 9th. They issued a “buy” rating and a $36.00 target price for the company. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $47.94.

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.