Jump Financial LLC Acquires Shares of 123,800 Acadia Healthcare Company, Inc. (NASDAQ:ACHC)

Jump Financial LLC bought a new position in shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 123,800 shares of the company’s stock, valued at approximately $4,909,000. Jump Financial LLC owned about 0.13% of Acadia Healthcare at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Wellington Management Group LLP increased its stake in Acadia Healthcare by 0.7% in the 4th quarter. Wellington Management Group LLP now owns 11,734,743 shares of the company’s stock worth $465,283,000 after buying an additional 76,490 shares during the period. FMR LLC increased its position in shares of Acadia Healthcare by 257.9% during the fourth quarter. FMR LLC now owns 6,230,631 shares of the company’s stock worth $247,045,000 after acquiring an additional 4,489,681 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Acadia Healthcare by 17.0% during the third quarter. JPMorgan Chase & Co. now owns 3,126,607 shares of the company’s stock valued at $198,258,000 after acquiring an additional 454,044 shares in the last quarter. Geode Capital Management LLC grew its stake in Acadia Healthcare by 0.9% in the third quarter. Geode Capital Management LLC now owns 1,613,198 shares of the company’s stock worth $102,320,000 after purchasing an additional 14,197 shares in the last quarter. Finally, Stephens Investment Management Group LLC increased its holdings in Acadia Healthcare by 24.9% during the 4th quarter. Stephens Investment Management Group LLC now owns 1,475,166 shares of the company’s stock worth $58,490,000 after purchasing an additional 294,210 shares during the period.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on ACHC shares. StockNews.com downgraded Acadia Healthcare from a “hold” rating to a “sell” rating in a research report on Monday, January 6th. Barclays cut shares of 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. Mizuho reduced their price target on shares of Acadia Healthcare from $48.00 to $37.00 and set a “neutral” rating for the company in a report on Tuesday, March 25th. KeyCorp dropped their price objective on shares of Acadia Healthcare from $70.00 to $65.00 and set an “overweight” rating on the stock in a research note on Monday, March 3rd. Finally, Bank of America dropped their target price on Acadia Healthcare from $50.00 to $44.50 and set a “buy” rating on the stock in a research report on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $50.39.

Acadia Healthcare Stock Down 3.6 %

Shares of ACHC stock opened at $23.84 on Thursday. The stock’s fifty day moving average price is $32.13 and its 200 day moving average price is $40.46. Acadia Healthcare Company, Inc. has a 1-year low of $23.73 and a 1-year high of $82.41. The company has a market cap of $2.22 billion, a price-to-earnings ratio of 7.82, a price-to-earnings-growth ratio of 1.46 and a beta of 1.13. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.07 and a quick ratio of 1.07.

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.