Acadia Healthcare Company Inc (ACHC) : Rock Springs Capital Management Lp scooped up 87,500 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 Aug 15, 2016. The investment management firm now holds a total of 837,000 shares of Acadia Healthcare Company Inc which is valued at $43,992,720.Acadia Healthcare Company Inc makes up approximately 3.09% of Rock Springs Capital Management Lp’s portfolio.
Other Hedge Funds, Including , Ahl Partners Llp sold out all of its stake in ACHC during the most recent quarter. The investment firm sold 30,887 shares of ACHC which is valued $1,623,421.Ironbridge Capital Management Lp reduced its stake in ACHC by selling 5,685 shares or 2.73% in the most recent quarter. The Hedge Fund company now holds 202,235 shares of ACHC which is valued at $10,629,472. Acadia Healthcare Company Inc makes up approx 0.45% of Ironbridge Capital Management Lp’s portfolio.Ubs Asset Management Americas Inc boosted its stake in ACHC in the latest quarter, The investment management firm added 91,675 additional shares and now holds a total of 300,255 shares of Acadia Healthcare Company Inc which is valued at $15,670,308. Acadia Healthcare Company Inc makes up approx 0.02% of Ubs Asset Management Americas Inc’s portfolio.Sit Investment Associates Inc reduced its stake in ACHC by selling 21,750 shares or 22.67% in the most recent quarter. The Hedge Fund company now holds 74,200 shares of ACHC which is valued at $4,192,300. Acadia Healthcare Company Inc makes up approx 0.11% of Sit Investment Associates Inc’s portfolio.Northpointe Capital reduced its stake in ACHC by selling 2,692 shares or 92.89% in the most recent quarter. The Hedge Fund company now holds 206 shares of ACHC which is valued at $10,566.
Acadia Healthcare Company Inc closed down -0.86 points or -1.68% at $50.33 with 7,25,570 shares getting traded on Thursday. Post opening the session at $51.43, the shares hit an intraday low of $50.2 and an intraday high of $51.44 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, Acadia Healthcare Company Inc reported $0.73 EPS for the quarter, based on the information available during the earnings call on Jul 29, 2016. Analyst had a consensus estimate of $0.73. The company had revenue of $756.55 million for the quarter, compared to analysts expectations of $754.90 million. The company’s revenue was up 66.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.57 EPS.
Many Wall Street Analysts have commented on Acadia Healthcare Company Inc. Shares were Reiterated by RBC Capital Mkts on Aug 1, 2016 to “Outperform” and Lowered the Price Target to $ 78 from a previous price target of $86 .
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.