Marshall Wace LLP Sells 1,017,267 Shares of Brookdale Senior Living Inc. (NYSE:BKD)

Marshall Wace LLP decreased its position in shares of Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 36.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,782,597 shares of the company's stock after selling 1,017,267 shares during the period. Marshall Wace LLP owned 0.89% of Brookdale Senior Living worth $8,966,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Principal Financial Group Inc. boosted its position in Brookdale Senior Living by 449.5% during the third quarter. Principal Financial Group Inc. now owns 136,531 shares of the company's stock valued at $927,000 after purchasing an additional 111,686 shares during the last quarter. Hedges Asset Management LLC lifted its position in shares of Brookdale Senior Living by 28.0% in the fourth quarter. Hedges Asset Management LLC now owns 265,000 shares of the company's stock worth $1,333,000 after buying an additional 58,000 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Brookdale Senior Living by 247.3% in the fourth quarter. JPMorgan Chase & Co. now owns 710,014 shares of the company's stock worth $3,571,000 after buying an additional 505,569 shares during the last quarter. Hennessy Advisors Inc. lifted its position 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 worth $7,543,000 after buying an additional 95,700 shares during the last quarter. Finally, Jane Street Group LLC lifted its position in shares of Brookdale Senior Living by 43.7% in the third quarter. Jane Street Group LLC now owns 303,695 shares of the company's stock worth $2,062,000 after buying an additional 92,344 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on BKD. Barclays boosted their price target 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. Macquarie reiterated an "outperform" rating and issued a $8.00 price objective on shares of Brookdale Senior Living in a research note on Wednesday, March 12th. Finally, Royal Bank of Canada reiterated an "outperform" rating and issued a $8.00 price objective on shares of Brookdale Senior Living in a research note on Thursday, April 10th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, Brookdale Senior Living currently has a consensus rating of "Hold" and an average price target of $7.50.

Brookdale Senior Living Stock Performance

BKD stock traded up $0.08 during midday trading on Monday, hitting $6.38. The stock had a trading volume of 2,663,992 shares, compared to its average volume of 2,357,095. The firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of -7.17 and a beta of 0.87. Brookdale Senior Living Inc. has a 52 week low of $4.45 and a 52 week high of $8.12. The stock has a 50-day simple moving average of $5.91 and a 200 day simple moving average of $5.56. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 20.05.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last issued its earnings results on Tuesday, February 18th. The company reported ($0.37) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.21). The firm had revenue of $780.95 million during the quarter, compared to the consensus estimate of $781.78 million. Brookdale Senior Living had a negative return on equity of 65.92% and a negative net margin of 6.46%. As a group, equities research analysts anticipate that Brookdale Senior Living Inc. 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.