Brookdale Senior Living Inc. (NYSE:BKD) Receives Consensus Recommendation of "Hold" from Brokerages

Shares of Brookdale Senior Living Inc. (NYSE:BKD - Get Free Report) have earned an average recommendation of "Hold" from the five brokerages that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $7.70.

A number of equities analysts have issued reports on the company. Barclays increased their price objective on Brookdale Senior Living from $7.00 to $7.50 and gave the stock an "equal weight" rating in a report on Wednesday, April 16th. Royal Bank of Canada lifted their price objective on Brookdale Senior Living from $8.00 to $9.00 and gave the stock an "outperform" rating in a report on Thursday, May 8th. Finally, Macquarie reiterated an "outperform" rating and issued a $8.00 price objective on shares of Brookdale Senior Living in a report on Wednesday, March 12th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Brookdale Senior Living by 3.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 595,544 shares of the company's stock valued at $3,728,000 after buying an additional 21,758 shares in the last quarter. Optimize Financial Inc lifted its position in shares of Brookdale Senior Living by 8.5% during the 1st quarter. Optimize Financial Inc now owns 24,294 shares of the company's stock valued at $152,000 after buying an additional 1,902 shares in the last quarter. Dynamic Technology Lab Private Ltd purchased a new position in shares of Brookdale Senior Living during the 1st quarter valued at about $181,000. Pingora Partners LLC lifted its position in shares of Brookdale Senior Living by 12.7% during the 1st quarter. Pingora Partners LLC now owns 217,684 shares of the company's stock valued at $1,363,000 after buying an additional 24,500 shares in the last quarter. Finally, Millennium Management LLC lifted its position in shares of Brookdale Senior Living by 67.7% during the 1st quarter. Millennium Management LLC now owns 2,171,161 shares of the company's stock valued at $13,591,000 after buying an additional 876,222 shares in the last quarter.

Brookdale Senior Living Stock Up 0.1%

BKD traded up $0.01 during trading on Wednesday, reaching $6.43. The stock had a trading volume of 2,219,632 shares, compared to its average volume of 2,418,982. The stock's 50 day moving average is $6.27 and its two-hundred day moving average is $5.62. 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 company has a market capitalization of $1.51 billion, a price-to-earnings ratio of -7.22 and a beta of 0.83. Brookdale Senior Living has a one year low of $4.45 and a one year high of $8.12.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last posted its quarterly earnings data on Tuesday, May 6th. The company reported ($0.11) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates 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, analysts expect that Brookdale Senior Living will post -0.56 earnings per share for the current year.

About Brookdale Senior Living

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.