Brookdale Senior Living Inc. (NYSE:BKD) Shares Purchased by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. boosted its holdings in shares of Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 77.6% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 3,683,796 shares of the company's stock after purchasing an additional 1,609,997 shares during the period. Balyasny Asset Management L.P. owned approximately 1.85% of Brookdale Senior Living worth $18,529,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Barclays PLC grew its holdings in shares of Brookdale Senior Living by 339.9% during the third quarter. Barclays PLC now owns 322,667 shares of the company's stock worth $2,192,000 after buying an additional 249,318 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Brookdale Senior Living by 24.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 204,445 shares of the company's stock valued at $1,388,000 after purchasing an additional 40,433 shares during the last quarter. Hennessy Advisors Inc. increased its holdings in shares of Brookdale Senior Living by 6.8% in the fourth quarter. Hennessy Advisors Inc. now owns 1,499,600 shares of the company's stock valued at $7,543,000 after purchasing an additional 95,700 shares during the period. SG Americas Securities LLC raised its stake in shares of Brookdale Senior Living by 38.7% during the fourth quarter. SG Americas Securities LLC now owns 59,703 shares of the company's stock worth $300,000 after purchasing an additional 16,650 shares during the last quarter. Finally, Hedges Asset Management LLC grew its position in Brookdale Senior Living by 28.0% in the 4th quarter. Hedges Asset Management LLC now owns 265,000 shares of the company's stock valued at $1,333,000 after buying an additional 58,000 shares during the last quarter.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Macquarie restated an "outperform" rating and issued a $8.00 target price on shares of Brookdale Senior Living in a research note on Wednesday, March 12th. Royal Bank of Canada raised their price objective on shares of Brookdale Senior Living from $8.00 to $9.00 and gave the company an "outperform" rating in a research report on Thursday. Finally, Barclays boosted their target price on Brookdale Senior Living from $7.00 to $7.50 and gave the stock an "equal weight" rating in a research report on Wednesday, April 16th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Brookdale Senior Living has an average rating of "Hold" and a consensus price target of $7.70.

Brookdale Senior Living Price Performance

BKD traded up $0.23 on Friday, hitting $6.89. 2,549,353 shares of the company were exchanged, compared to its average volume of 2,373,794. Brookdale Senior Living Inc. has a fifty-two week low of $4.45 and a fifty-two week high of $8.12. The company has a debt-to-equity ratio of 20.05, a quick ratio of 0.88 and a current ratio of 0.88. The firm has a market capitalization of $1.38 billion, a P/E ratio of -7.74 and a beta of 0.83. The business's fifty day moving average is $6.09 and its 200 day moving average is $5.58.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported ($0.11) earnings per share for the quarter, meeting the consensus estimate of ($0.11). Brookdale Senior Living had a negative return on equity of 65.92% and a negative net margin of 6.46%. As a group, sell-side analysts anticipate that Brookdale Senior Living Inc. will post -0.56 EPS for the current year.

Brookdale Senior Living Company Profile

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.