Albion Financial Group Ut buys $5,959,606 stake in Acadia Healthcare Company Inc (ACHC)

Acadia Healthcare Company Inc (ACHC) : Albion Financial Group Ut scooped up 40,672 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 Apr 21, 2016. The investment management firm 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 approximately 0.98% of Albion Financial Group Ut’s portfolio.

Acadia Healthcare Company Inc opened for trading at $63.42 and hit $64.09 on the upside on Wednesday, eventually ending the session at $63.73, with a gain of 0.54% or 0.34 points. The heightened volatility saw the trading volume jump to 10,24,910 shares. Company has a market cap of $5,559 M.

Other Hedge Funds, Including , Strs Ohio sold out all of its stake in ACHC during the most recent quarter. The investment firm sold 195,000 shares of ACHC which is valued $12,349,350.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. Simplex Trading added ACHC to its portfolio by purchasing 2,003 company shares during the most recent quarter which is valued at $116,494. Acadia Healthcare Company Inc makes up approx 0.02% of Simplex Trading’s portfolio.

On the company’s financial health, Acadia Healthcare Company Inc reported $0.59 EPS for the quarter, based on the information available during the earnings call on Feb 16, 2016. Analyst had a consensus estimate of $0.59. The company had revenue of $495.30 million for the quarter, compared to analysts expectations of $486.25 million. The company’s revenue was up 68.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.46 EPS.

Many Wall Street Analysts have commented on Acadia Healthcare Company Inc. 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 was Initiated by KeyBanc Capital Mkts to “Overweight” on Feb 1, 2016.

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.

Leave a Reply

Acadia Healthcare Company Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Acadia Healthcare Company Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.