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.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
CRI 46 1060432 0
LPT 19 119291 6
ALSN 40 1610982 0
ERJ 4 100735 -5

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.