Stock Worth Watching: What’s Acadia Healthcare Company Inc Upside After Today’s Significant Increase?

Stock Worth Watching: What's Acadia Healthcare Company Inc Upside After Today's Significant Increase?

The stock of Acadia Healthcare Company Inc (NASDAQ:ACHC) is a huge mover today! About 943,666 shares traded hands. Acadia Healthcare Company Inc (NASDAQ:ACHC) has declined 30.75% since April 5, 2016 and is downtrending. It has underperformed by 32.70% the S&P500.
The move comes after 9 months positive chart setup for the $3.47 billion company. It was reported on Nov, 7 by Barchart.com. We have $62.74 PT which if reached, will make NASDAQ:ACHC worth $2.01B more.

Acadia Healthcare Company Inc (NASDAQ:ACHC) Ratings Coverage

Out of 11 analysts covering Acadia Healthcare (NASDAQ:ACHC), 10 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 91% are positive. Acadia Healthcare has been the topic of 18 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The firm has “Overweight” rating by KeyBanc Capital Markets given on Monday, February 1. The firm has “Buy” rating given on Thursday, August 6 by Cantor Fitzgerald. UBS maintained the stock with “Buy” rating in Wednesday, October 19 report. Leerink Swann initiated it with “Outperform” rating and $90 target price in Tuesday, September 1 report. As per Thursday, August 6, the company rating was upgraded by Zacks. Mizuho maintained it with “Buy” rating and $45 target price in Thursday, November 3 report. The rating was maintained by Robert W. Baird on Thursday, September 15 with “Outperform”. The rating was maintained by RBC Capital Markets on Wednesday, October 19 with “Outperform”. Raymond James upgraded the shares of ACHC in a report on Thursday, November 3 to “Strong Buy” rating. The firm has “Buy” rating given on Friday, April 29 by Mizuho.

According to Zacks Investment Research, “Acadia Healthcare Company, Inc. provides inpatient behavioral health care services. It provides psychiatric and chemical dependency services, including inpatient psychiatric hospitals, residential treatment centers, outpatient clinics and therapeutic school-based programs. Acadia Healthcare Company, Inc. is headquartered in Franklin, Tennessee.”

Insitutional Activity: The institutional sentiment decreased to 1.25 in Q2 2016. Its down 0.09, from 1.34 in 2016Q1. The ratio turned negative, as 32 funds sold all Acadia Healthcare Company Inc shares owned while 70 reduced positions. 34 funds bought stakes while 94 increased positions. They now own 85.76 million shares or 4.92% more from 81.74 million shares in 2016Q1.
Hap Trading Limited Liability Company last reported 26,336 shares in the company. Sei Invs Com, a Pennsylvania-based fund reported 194,235 shares. Wells Fargo & Mn last reported 0.11% of its portfolio in the stock. Assetmark accumulated 63 shares or 0% of the stock. The California-based Schwab Charles Invest Mngmt has invested 0.02% in Acadia Healthcare Company Inc (NASDAQ:ACHC). Bain Invsts Lc accumulated 3.45M shares or 2.86% of the stock. Mutual Of America Cap Management Ltd Liability owns 127,434 shares or 0.15% of their US portfolio. Swiss National Bank last reported 0.01% of its portfolio in the stock. Summit Securities Group Ltd Liability Company holds 0.4% or 13,500 shares in its portfolio. Adage Capital Prtnrs Ltd Llc has 250,000 shares for 0.04% of their US portfolio. Bank Of New York Mellon last reported 512,645 shares in the company. Eagle Asset has 0.4% invested in the company for 1.04M shares. The New Jersey-based Lord Abbett Ltd Liability has invested 0.01% in Acadia Healthcare Company Inc (NASDAQ:ACHC). Raveneur Inv Gru Incorporated L P has 1.42% invested in the company for 93,217 shares. Glg Limited Partnership reported 84,951 shares or 0.14% of all its holdings.

Insider Transactions: Since August 5, 2016, the stock had 0 insider buys, and 10 insider sales for $139.31 million net activity. On Wednesday, September 14 the insider WAUD REEVE B sold $66.04 million. WAUD CAPITAL PARTNERS II – L.L.C. also sold $2.81 million worth of Acadia Healthcare Company Inc (NASDAQ:ACHC) on Monday, September 12. $766,710 worth of Acadia Healthcare Company Inc (NASDAQ:ACHC) shares were sold by Fincher Ronald Morgan. GOLDBERG RANDALL P sold $190,044 worth of stock. WAUD CAPITAL PARTNERS III – L.L.C. also sold $22.14 million worth of Acadia Healthcare Company Inc (NASDAQ:ACHC) shares. Duckworth David M. sold 16,670 shares worth $905,681.

More news for Acadia Healthcare Company Inc (NASDAQ:ACHC) were recently published by: Fool.com, which released: “Why Acadia Healthcare Company Inc. Reported Lower Today” on October 19, 2016. Businesswire.com‘s article titled: “Acadia Healthcare Reports Third Quarter Financial Results Consistent with …” and published on November 01, 2016 is yet another important article.

ACHC Company Profile

Acadia Healthcare Company, Inc., incorporated on October 24, 2005, is a well-known provider of behavioral healthcare services. The Firm operates in two divisions: U.S. Facilities and U.K. Facilities. The Firm 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 throughout the United States, the United Kingdom and Puerto Rico. The Firm operates approximately 260 behavioral healthcare facilities with over 9,900 beds in over 40 states, the United Kingdom and Puerto Rico.

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