Fisher Asset Management LLC cut its holdings in shares of Acadia Healthcare Company Inc (NASDAQ:ACHC) by 9.1% during the third quarter, HoldingsChannel.com reports. The firm owned 165,738 shares of the company’s stock after selling 16,669 shares during the quarter. Fisher Asset Management LLC’s holdings in Acadia Healthcare were worth $5,834,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Capital Fund Management S.A. acquired a new position in Acadia Healthcare during the 2nd quarter valued at about $3,351,000. Envestnet Asset Management Inc. lifted its position in Acadia Healthcare by 6.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 78,446 shares of the company’s stock valued at $3,209,000 after purchasing an additional 4,535 shares during the period. Public Employees Retirement System of Ohio lifted its position in Acadia Healthcare by 18.5% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 36,925 shares of the company’s stock valued at $1,511,000 after purchasing an additional 5,762 shares during the period. Glenmede Trust Co. NA lifted its position in Acadia Healthcare by 4.1% during the 2nd quarter. Glenmede Trust Co. NA now owns 1,028,476 shares of the company’s stock valued at $42,075,000 after purchasing an additional 40,147 shares during the period. Finally, Dimensional Fund Advisors LP lifted its position in Acadia Healthcare by 27.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,153,977 shares of the company’s stock valued at $210,849,000 after purchasing an additional 1,122,452 shares during the period.
Shares of ACHC stock opened at $41.19 on Wednesday. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.24 and a quick ratio of 1.24. The stock has a market capitalization of $3.49 billion, a PE ratio of 16.85, a P/E/G ratio of 1.46 and a beta of 0.63. Acadia Healthcare Company Inc has a one year low of $26.92 and a one year high of $45.02.
Acadia Healthcare Profile
Acadia Healthcare Company, Inc develops and operates inpatient psychiatric facilities, residential treatment centers, group homes, substance abuse facilities, and outpatient behavioral healthcare facilities to serve the behavioral health and recovery needs of communities. The company operates acute inpatient psychiatric facilities, which offer evaluation and crisis stabilization of patients with severe psychiatric diagnoses; specialty treatment facilities, including residential recovery facilities, eating disorder facilities, and comprehensive treatment centers that provide continuum care for adults with addictive disorders and co-occurring mental disorders; and residential treatment centers, which treat patients with behavioral disorders in a non-hospital setting, including outdoor programs.
Featured Article: What are earnings reports?
Want to see what other hedge funds are holding ACHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Acadia Healthcare Company Inc (NASDAQ:ACHC).
Receive News & Ratings for Acadia Healthcare Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Acadia Healthcare and related companies with MarketBeat.com's FREE daily email newsletter.