Monarch Partners Asset Management buys $22,034,002 stake in Acadia Healthcare Company Inc (ACHC)

Acadia Healthcare Company Inc (ACHC) : Monarch Partners Asset Management scooped up 21,430 additional shares in Acadia Healthcare Company Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 2, 2016. The investment management firm now holds a total of 376,714 shares of Acadia Healthcare Company Inc which is valued at $22,034,002.Acadia Healthcare Company Inc makes up approximately 2.26% of Monarch Partners Asset Management’s portfolio.

Acadia Healthcare Company Inc opened for trading at $57.97 and hit $58.79 on the upside on Friday, eventually ending the session at $58.49, with a gain of 0.78% or 0.45 points. The heightened volatility saw the trading volume jump to 4,58,823 shares. Company has a market cap of $5,114 M.

Other Hedge Funds, Including , Agf Investments reduced its stake in ACHC by selling 7,093 shares or 6.63% in the most recent quarter. The Hedge Fund company now holds 99,848 shares of ACHC which is valued at $5,840,110. Acadia Healthcare Company Inc makes up approx 0.07% of Agf Investments’s portfolio.Northpointe Capital reduced its stake in ACHC by selling 1,964 shares or 40.39% in the most recent quarter. The Hedge Fund company now holds 2,898 shares of ACHC which is valued at $183,125. Acadia Healthcare Company Inc makes up approx 0.02% of Northpointe Capital’s portfolio.Commonwealth Equity Services Inc boosted its stake in ACHC in the latest quarter, The investment management firm added 3,320 additional shares and now holds a total of 27,037 shares of Acadia Healthcare Company Inc which is valued at $1,708,468. Acadia Healthcare Company Inc makes up approx 0.02% of Commonwealth Equity Services Inc’s portfolio.Albion Financial Group Ut boosted its stake in ACHC in the latest quarter, The investment management firm added 40,672 additional shares and now holds a total of 94,104 shares of Acadia Healthcare Company Inc which is valued at $5,959,606. Acadia Healthcare Company Inc makes up approx 0.98% of Albion Financial Group Ut’s portfolio.Gw&k Investment Management boosted its stake in ACHC in the latest quarter, The investment management firm added 168,978 additional shares and now holds a total of 205,984 shares of Acadia Healthcare Company Inc which is valued at $13,044,967. Acadia Healthcare Company Inc makes up approx 0.29% of Gw&k Investment Management’s portfolio.

On the company’s financial health, Acadia Healthcare Company Inc reported $0.55 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $0.54. The company had revenue of $616.80 million for the quarter, compared to analysts expectations of $612.77 million. The company’s revenue was up 68.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 EPS.

Many Wall Street Analysts have commented on Acadia Healthcare Company Inc. Company shares were Reiterated by Mizuho on Apr 29, 2016 to “Buy”, Firm has raised the Price Target to $ 71 from a previous price target of $66 .Shares were Reiterated by Jefferies on Feb 17, 2016 to “Buy” and Lowered the Price Target to $ 85 from a previous price target of $100 .

Acadia Healthcare Company Inc. is a provider of behavioral healthcare services. The Company develops and operates inpatient psychiatric facilities residential treatment centers group homes substance abuse facilities and facilities providing outpatient behavioral healthcare services to serve the behavioral health and recovery needs of communities. It operates in two segments: U.S. Facilities and U.K. Facilities. Its U.S. Facilities and services are classified into categories which includes acute inpatient psychiatric facilities; specialty treatment facilities; residential treatment centers; and outpatient community-based services. In the United Kingdom it provides inpatient services through mental health hospitals and care homes. In addition to these services it also operates a U.K. division to provide EAP to organizations. The Company operated approximately 78 behavioral healthcare facilities with over 5800 beds in approximately 24 states the United Kingdom and Puerto Rico.

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