From MarketBeat:

First Eagle Investment Management LLC increased its holdings in Acadia Healthcare Company, Inc. (NASDAQ: ACHC) by 36.0% during the 3rd quarter, now owning 141,870 shares worth $9,975,000. Other hedge funds and institutional investors have also acquired shares, with Covestor Ltd now owning 718 shares worth $57,000.

Acadia Healthcare stock opened at $80.30 on Monday, fluctuating between a 52-week low of $66.49 and a high of $87.39. The company has a 50-day simple moving average of $78.98 and a two-hundred day simple moving average of $75.70. The business has a debt-to-equity ratio of 0.50, a current ratio of 0.81 and a quick ratio of 0.81.

Despite a slight dip in net margin, Acadia Healthcare Company, Inc. reported $0.91 EPS for the quarter, surpassing the consensus estimate of $0.88. The firm also recorded revenue of $750.33 million, beating analyst estimates of $724.27 million, with a positive return on equity of 10.68%.

Due to insider activity and Wall Street ratings, the stock has been under close review. In the last 90 days, insiders sold 148,000 shares of company stock worth $10,960,165.

Acadia Healthcare Company, Inc provides behavioral healthcare services, offering its patients services in inpatient psychiatric facilities, specialty treatment facilities, residential treatment centers, eating disorder facilities, and outpatient clinics. If interested in following the company’s activities through additional insider trades, keep up with their latest 13F filings and insider trades on HoldingsChannel.com.



Read more: First Eagle Investment Management LLC Purchases 37,523 Shares of Acadia Healthcare Company, Inc. (NASDAQ:ACHC)