Brookdale Senior Living (NYSE:BKD) Cut to Sell at Wall Street Zen

Brookdale Senior Living (NYSE:BKD - Get Free Report) was downgraded by analysts at Wall Street Zen from a "hold" rating to a "sell" rating in a research note issued on Sunday.

Several other equities analysts have also commented on BKD. Barclays upped their price target on shares of 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. Royal Bank Of Canada reissued an "outperform" rating and set a $9.00 price objective on shares of Brookdale Senior Living in a research note on Wednesday, July 9th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $7.70.

Brookdale Senior Living Price Performance

Shares of BKD traded up $0.08 during mid-day trading on Friday, reaching $7.72. 1,605,658 shares of the company's stock were exchanged, compared to its average volume of 2,605,871. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 28.85. The company has a 50-day simple moving average of $6.94 and a two-hundred day simple moving average of $6.10. Brookdale Senior Living has a 52-week low of $4.45 and a 52-week high of $8.12. The company has a market cap of $1.81 billion, a price-to-earnings ratio of -7.42 and a beta of 0.83.

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 for the quarter, meeting analysts' consensus estimates of ($0.11). Brookdale Senior Living had a negative net margin of 7.52% and a negative return on equity of 79.84%. On average, sell-side analysts predict that Brookdale Senior Living will post -0.56 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BKD. ANTIPODES PARTNERS Ltd raised its holdings 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 acquiring an additional 6,124,238 shares in the last quarter. Flat Footed LLC raised its holdings in Brookdale Senior Living by 84.9% in the fourth quarter. Flat Footed LLC now owns 11,401,757 shares of the company's stock valued at $57,351,000 after acquiring an additional 5,235,078 shares in the last quarter. Wellington Management Group LLP raised its holdings in Brookdale Senior Living by 26.7% in the fourth quarter. Wellington Management Group LLP now owns 9,916,049 shares of the company's stock valued at $49,878,000 after acquiring an additional 2,089,242 shares in the last quarter. Rush Island Management LP raised its holdings in Brookdale Senior Living by 62.3% in the fourth 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 fourth 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.

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.