Zions Bancorporation N.A. Buys 1,844 Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Zions Bancorporation N.A. raised its stake in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) by 14.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,904 shares of the company’s stock after purchasing an additional 1,844 shares during the period. Zions Bancorporation N.A.’s holdings in Acadia Healthcare were worth $591,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in ACHC. Charles Schwab Investment Management Inc. increased its position in Acadia Healthcare by 2.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,127,061 shares of the company’s stock worth $71,467,000 after purchasing an additional 29,936 shares during the last quarter. Cerity Partners LLC increased its holdings in shares of Acadia Healthcare by 43.7% in the 3rd quarter. Cerity Partners LLC now owns 32,922 shares of the company’s stock worth $2,088,000 after buying an additional 10,019 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Acadia Healthcare during the 3rd quarter valued at about $458,000. Bank of Montreal Can lifted its holdings in shares of Acadia Healthcare by 2,456.1% in the 3rd quarter. Bank of Montreal Can now owns 324,569 shares of the company’s stock valued at $20,539,000 after acquiring an additional 311,871 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its stake in Acadia Healthcare by 1,601.3% during the third quarter. BNP Paribas Financial Markets now owns 281,220 shares of the company’s stock worth $17,832,000 after acquiring an additional 264,690 shares during the last quarter.

Acadia Healthcare Stock Up 3.0 %

Shares of NASDAQ ACHC opened at $29.66 on Thursday. The stock has a 50 day moving average price of $37.65 and a 200 day moving average price of $45.71. The firm has a market capitalization of $2.76 billion, a price-to-earnings ratio of 9.72, a PEG ratio of 1.46 and a beta of 1.38. Acadia Healthcare Company, Inc. has a 52-week low of $27.61 and a 52-week high of $82.41. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.07 and a current ratio of 1.07.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on ACHC shares. Barclays cut Acadia Healthcare from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $43.00 to $35.00 in a report on Friday, February 28th. StockNews.com cut shares of Acadia Healthcare from a “hold” rating to a “sell” rating in a research report on Monday, January 6th. Cantor Fitzgerald restated a “neutral” rating and issued a $52.00 target price on shares of Acadia Healthcare in a report on Tuesday, December 10th. Mizuho cut their price target on shares of Acadia Healthcare from $48.00 to $37.00 and set a “neutral” rating on the stock in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft upgraded Acadia Healthcare from a “hold” rating to a “buy” rating and boosted their target price for the company from $45.00 to $75.00 in a research report on Thursday, December 12th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $52.19.

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.