Anson Funds Management LP trimmed its position in shares of Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 60.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 180,000 shares of the company's stock after selling 272,000 shares during the period. Anson Funds Management LP owned 0.09% of Brookdale Senior Living worth $905,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. ANTIPODES PARTNERS Ltd boosted its holdings in shares of Brookdale Senior Living by 86.5% during the 4th quarter. ANTIPODES PARTNERS Ltd now owns 7,560,262 shares of the company's stock valued at $38,031,000 after purchasing an additional 3,507,044 shares during the last quarter. Wellington Management Group LLP grew its holdings in Brookdale Senior Living by 26.7% during the 4th quarter. Wellington Management Group LLP now owns 9,916,049 shares of the company's stock valued at $49,878,000 after buying an additional 2,089,242 shares in the last quarter. Landmark Investment Partners L.P. purchased a new position in Brookdale Senior Living during the 4th quarter valued at approximately $7,374,000. Edmond DE Rothschild Holding S.A. increased its stake in Brookdale Senior Living by 18.2% in the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 6,792,160 shares of the company's stock worth $34,165,000 after acquiring an additional 1,043,920 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Brookdale Senior Living by 247.3% during the 4th quarter. JPMorgan Chase & Co. now owns 710,014 shares of the company's stock worth $3,571,000 after acquiring an additional 505,569 shares in the last quarter.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on BKD shares. Macquarie restated an "outperform" rating and issued a $8.00 price target on shares of Brookdale Senior Living in a research report on Wednesday, March 12th. Barclays upped their price objective on Brookdale Senior Living from $7.00 to $7.50 and gave the company an "equal weight" rating in a research report on Wednesday, April 16th. Finally, Royal Bank of Canada restated an "outperform" rating and issued a $8.00 target price on shares of Brookdale Senior Living in a report on Thursday, April 10th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat, Brookdale Senior Living presently has an average rating of "Hold" and a consensus price target of $7.50.
View Our Latest Stock Analysis on BKD
Brookdale Senior Living Price Performance
Shares of BKD stock opened at $6.60 on Friday. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 20.05. The stock has a fifty day simple moving average of $5.99 and a two-hundred day simple moving average of $5.58. The stock has a market capitalization of $1.32 billion, a price-to-earnings ratio of -7.42 and a beta of 0.87. Brookdale Senior Living Inc. has a twelve month low of $4.45 and a twelve month high of $8.12.
Brookdale Senior Living (NYSE:BKD - Get Free Report) last announced its quarterly earnings results on Tuesday, February 18th. The company reported ($0.37) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.21). Brookdale Senior Living had a negative return on equity of 65.92% and a negative net margin of 6.46%. The company had revenue of $780.95 million for the quarter, compared to analyst estimates of $781.78 million. On average, analysts predict that Brookdale Senior Living Inc. will post -0.56 EPS for the current fiscal year.
Brookdale Senior Living Profile
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Free Report)
Brookdale Senior Living Inc owns, manages, and operates senior living communities in the United States. It operates in three segments: Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs). The Independent Living segment owns or leases communities comprising independent and assisted living units in a single community that are primarily designed for middle to upper income seniors.
Further Reading
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