What Do Hedge Funds Think of Acadia Healthcare Company Inc (ACHC)?

Let’s now take a look at hedge fund activity in other stocks – not necessarily in the same industry as Acadia Healthcare Company Inc (NASDAQ:ACHC) but similarly valued. We will take a look at Carter’s, Inc. (NYSE:CRI), Liberty Property Trust (NYSE:LPT), Allison Transmission Holdings Inc (NYSE:ALSN), and Embraer SA (ADR) (NYSE:ERJ). This group of stocks’ market values match ACHC’s market value.

As you can see these stocks had an average of 27.25 hedge funds with bullish positions and the average amount invested in these stocks was $723 million. That figure was $226 million in ACHC’s case. Carter’s, Inc. (NYSE:CRI) is the most popular stock in this table. On the other hand Embraer SA (ADR) (NYSE:ERJ) is the least popular one with only 4 bullish hedge fund positions. Acadia Healthcare Company Inc (NASDAQ:ACHC) is not the least popular stock in this group but hedge fund interest is still below average. This is a slightly negative signal and we’d rather spend our time researching stocks that hedge funds are piling on. In this regard CRI might be a better candidate to consider a long position.