Brookdale Senior Living Inc. (NYSE:BKD) Given Consensus Rating of "Hold" by Brokerages

Shares of Brookdale Senior Living Inc. (NYSE:BKD - Get Free Report) have been given a consensus rating of "Hold" by the five brokerages that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $7.70.

BKD has been the topic of several recent analyst reports. Wall Street Zen raised Brookdale Senior Living from a "sell" rating to a "hold" rating in a research report on Saturday. Barclays boosted their price objective on Brookdale Senior Living from $7.00 to $7.50 and gave the stock an "equal weight" rating in a research note on Wednesday, April 16th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and set a $9.00 price target on shares of Brookdale Senior Living in a research note on Wednesday.

Institutional Investors Weigh In On Brookdale Senior Living

Several large investors have recently modified their holdings of BKD. ANTIPODES PARTNERS Ltd grew its stake in Brookdale Senior Living by 81.0% in the first quarter. ANTIPODES PARTNERS Ltd now owns 13,684,500 shares of the company's stock valued at $85,672,000 after purchasing an additional 6,124,238 shares in the last quarter. Flat Footed LLC lifted its holdings in Brookdale Senior Living by 84.9% during the 4th quarter. Flat Footed LLC now owns 11,401,757 shares of the company's stock worth $57,351,000 after purchasing an additional 5,235,078 shares during the last quarter. Wellington Management Group LLP lifted 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 worth $49,878,000 after purchasing an additional 2,089,242 shares during the last quarter. Rush Island Management LP raised its holdings in Brookdale Senior Living by 62.3% in the 4th quarter. Rush Island Management LP now owns 8,303,926 shares of the company's stock valued at $41,769,000 after acquiring an additional 3,187,294 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in Brookdale Senior Living by 2.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 7,140,601 shares of the company's stock valued at $35,916,000 after acquiring an additional 164,239 shares in the last quarter.

Brookdale Senior Living Trading Up 2.3%

Shares of NYSE BKD opened at $7.92 on Friday. The firm has a market capitalization of $1.85 billion, a PE ratio of -7.61 and a beta of 0.83. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 28.85. Brookdale Senior Living has a one year low of $4.45 and a one year high of $8.12. The business has a 50-day moving average price of $6.80 and a two-hundred day moving average price of $5.96.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last posted its earnings results on Tuesday, May 6th. The company reported ($0.11) earnings per share for the quarter, hitting the consensus estimate of ($0.11). Brookdale Senior Living had a negative return on equity of 79.84% and a negative net margin of 7.52%. As a group, analysts predict that Brookdale Senior Living will post -0.56 earnings per share for the current fiscal 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.

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