Bahl & Gaynor Stake in Silicon Motion Technology (SIMO) Upped by $1.30 Million; Rock Springs Capital Management LP Cut Its Holding in Acadia Healthcare Company In (ACHC) by $2.12 Million

February 13, 2018 - By Louis Casey

Rock Springs Capital Management Lp decreased its stake in Acadia Healthcare Company In (ACHC) by 3.33% based on its latest 2017Q3 regulatory filing with the SEC. Rock Springs Capital Management Lp sold 45,000 shares as the company’s stock rose 2.28% with the market. The hedge fund held 1.31M shares of the health care company at the end of 2017Q3, valued at $62.33M, down from 1.35 million at the end of the previous reported quarter. Rock Springs Capital Management Lp who had been investing in Acadia Healthcare Company In for a number of months, seems to be less bullish one the $2.95 billion market cap company. The stock decreased 0.62% or $0.21 during the last trading session, reaching $33.53. About 816,892 shares traded. Acadia Healthcare Company, Inc. (NASDAQ:ACHC) has declined 23.20% since February 13, 2017 and is downtrending. It has underperformed by 39.90% the S&P500.

Bahl & Gaynor Inc increased its stake in Silicon Motion Technology Corp (SIMO) by 45.24% based on its latest 2017Q3 regulatory filing with the SEC. Bahl & Gaynor Inc bought 26,981 shares as the company’s stock rose 17.92% with the market. The institutional investor held 86,623 shares of the semiconductors company at the end of 2017Q3, valued at $4.16 million, up from 59,642 at the end of the previous reported quarter. Bahl & Gaynor Inc who had been investing in Silicon Motion Technology Corp for a number of months, seems to be bullish on the $1.59B market cap company. The stock decreased 0.63% or $0.28 during the last trading session, reaching $44.39. About 181,475 shares traded. Silicon Motion Technology Corporation (NASDAQ:SIMO) has risen 21.46% since February 13, 2017 and is uptrending. It has outperformed by 4.76% the S&P500.

Investors sentiment decreased to 1.51 in 2017 Q3. Its down 0.26, from 1.77 in 2017Q2. It turned negative, as 23 investors sold ACHC shares while 66 reduced holdings. 40 funds opened positions while 94 raised stakes. 107.79 million shares or 1.20% less from 109.10 million shares in 2017Q2 were reported. Shine Invest Advisory Services holds 152 shares. Tygh Management Inc holds 1.81% or 190,012 shares. Fisher Asset Management Lc invested in 0.01% or 204,996 shares. 59 were reported by Advisory Ntwk Limited Liability Company. Suntrust Banks has invested 0.01% in Acadia Healthcare Company, Inc. (NASDAQ:ACHC). Palisade Capital Mgmt Limited Liability Co Nj holds 0.4% or 235,099 shares in its portfolio. Thrivent Fin For Lutherans invested 0.06% in Acadia Healthcare Company, Inc. (NASDAQ:ACHC). First Mercantile Trust reported 11,138 shares. California Pub Employees Retirement has invested 0.01% in Acadia Healthcare Company, Inc. (NASDAQ:ACHC). The Denmark-based C Group A S has invested 0.04% in Acadia Healthcare Company, Inc. (NASDAQ:ACHC). Natixis owns 5,380 shares or 0% of their US portfolio. Moreover, Art Advisors Ltd has 0.11% invested in Acadia Healthcare Company, Inc. (NASDAQ:ACHC) for 45,000 shares. Jpmorgan Chase & invested in 6.82M shares or 0.07% of the stock. Envestnet Asset Mgmt Incorporated stated it has 0.01% in Acadia Healthcare Company, Inc. (NASDAQ:ACHC). Brant Point Inv Ltd Limited Liability Company has 213,600 shares.

Analysts await Acadia Healthcare Company, Inc. (NASDAQ:ACHC) to report earnings on February, 22. They expect $0.55 earnings per share, down 6.78% or $0.04 from last year’s $0.59 per share. ACHC’s profit will be $48.32 million for 15.24 P/E if the $0.55 EPS becomes a reality. After $0.58 actual earnings per share reported by Acadia Healthcare Company, Inc. for the previous quarter, Wall Street now forecasts -5.17% negative EPS growth.

Rock Springs Capital Management Lp, which manages about $319.00 million and $2.17 billion US Long portfolio, upped its stake in Willis Towers Watson Pub Ltd by 5,000 shares to 115,000 shares, valued at $17.74M in 2017Q3, according to the filing. It also increased its holding in Theravance Biopharma Inc (NASDAQ:TBPH) by 44,400 shares in the quarter, for a total of 644,400 shares, and has risen its stake in Nabriva Therapeutics Plc.

Among 17 analysts covering Acadia Healthcare (NASDAQ:ACHC), 11 have Buy rating, 0 Sell and 6 Hold. Therefore 65% are positive. Acadia Healthcare had 48 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) has “Buy” rating given on Friday, April 29 by Mizuho. The firm has “Outperform” rating given on Wednesday, October 19 by RBC Capital Markets. The stock has “Neutral” rating by Cantor Fitzgerald on Friday, January 27. On Friday, November 3 the stock rating was initiated by Credit Suisse with “Hold”. Jefferies reinitiated the shares of ACHC in report on Friday, December 2 with “Buy” rating. The firm has “Buy” rating given on Thursday, June 1 by Jefferies. Robert W. Baird downgraded the stock to “Hold” rating in Wednesday, October 25 report. The stock of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) earned “Strong Buy” rating by Raymond James on Thursday, November 3. Zacks upgraded it to “Hold” rating and $95 target in Thursday, August 6 report. On Monday, October 30 the stock rating was downgraded by Mizuho to “Neutral”.

Since August 22, 2017, it had 0 insider buys, and 7 selling transactions for $146.25 million activity. 500,000 shares valued at $25.35M were sold by JACOBS JOEY A on Tuesday, August 22. Gordon Christopher R also sold $50.61M worth of Acadia Healthcare Company, Inc. (NASDAQ:ACHC) on Tuesday, August 22. On Friday, December 15 the insider WAUD REEVE B sold $3.18 million. 206,252 shares were sold by TURNER BRENT, worth $10.45 million on Tuesday, August 22. Fincher Ronald Morgan sold $4.06 million worth of stock.

Among 18 analysts covering Silicon Motion (NASDAQ:SIMO), 14 have Buy rating, 1 Sell and 3 Hold. Therefore 78% are positive. Silicon Motion had 41 analyst reports since July 28, 2015 according to SRatingsIntel. Summit Redstone Partners upgraded the stock to “Buy” rating in Thursday, December 7 report. On Tuesday, January 16 the stock rating was downgraded by Susquehanna to “Neutral”. Craig Hallum maintained Silicon Motion Technology Corporation (NASDAQ:SIMO) rating on Friday, January 29. Craig Hallum has “Buy” rating and $38 target. The rating was maintained by Craig Hallum on Friday, July 7 with “Buy”. The firm earned “Buy” rating on Tuesday, June 6 by Loop Capital Markets. The stock of Silicon Motion Technology Corporation (NASDAQ:SIMO) earned “Buy” rating by Standpoint Research on Thursday, January 14. The stock of Silicon Motion Technology Corporation (NASDAQ:SIMO) earned “Buy” rating by Standpoint Research on Wednesday, August 30. The stock of Silicon Motion Technology Corporation (NASDAQ:SIMO) earned “Buy” rating by Roth Capital on Tuesday, October 24. The firm earned “Hold” rating on Wednesday, February 7 by Susquehanna. Northland Capital maintained Silicon Motion Technology Corporation (NASDAQ:SIMO) on Friday, July 7 with “Buy” rating.

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