Brookdale Senior Living (NYSE:BKD) Hits New 1-Year Low - Should You Sell?

Shares of Brookdale Senior Living Inc. (NYSE:BKD - Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $4.51 and last traded at $4.60, with a volume of 1982272 shares trading hands. The stock had previously closed at $4.63.

Analysts Set New Price Targets

A number of equities analysts recently commented on BKD shares. Royal Bank of Canada restated an "outperform" rating and set a $8.00 target price on shares of Brookdale Senior Living in a report on Friday, December 20th. Macquarie reissued an "outperform" rating and issued a $8.00 price objective on shares of Brookdale Senior Living in a research note on Friday, December 20th. Finally, Jefferies Financial Group assumed coverage on shares of Brookdale Senior Living in a report on Wednesday, October 16th. They issued a "buy" rating and a $8.00 price objective for the company. Two analysts have rated the stock with a sell rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, Brookdale Senior Living presently has an average rating of "Hold" and an average price target of $7.50.

Brookdale Senior Living Stock Down 2.2 %

The business has a 50-day simple moving average of $5.07 and a 200-day simple moving average of $6.04. The company has a debt-to-equity ratio of 14.46, a quick ratio of 0.81 and a current ratio of 0.81. The company has a market cap of $906.41 million, a price-to-earnings ratio of -4.95 and a beta of 1.29.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.16) by ($0.06). Brookdale Senior Living had a negative return on equity of 59.06% and a negative net margin of 6.75%. The firm had revenue of $784.17 million during the quarter, compared to analysts' expectations of $785.61 million. During the same quarter in the prior year, the firm earned ($0.22) EPS. On average, equities analysts anticipate that Brookdale Senior Living Inc. will post -0.68 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director Lee S. Wielansky sold 10,000 shares of the company's stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $5.62, for a total value of $56,200.00. Following the completion of the transaction, the director now directly owns 211,382 shares of the company's stock, valued at $1,187,966.84. This represents a 4.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 1.80% of the company's stock.

Institutional Trading of Brookdale Senior Living

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. R Squared Ltd acquired a new position in shares of Brookdale Senior Living in the 4th quarter valued at $33,000. Sei Investments Co. acquired a new position in Brookdale Senior Living in the second quarter valued at $81,000. Quest Partners LLC purchased a new position in shares of Brookdale Senior Living during the third quarter worth about $104,000. Algert Global LLC acquired a new stake in shares of Brookdale Senior Living during the second quarter worth about $124,000. Finally, Illumine Investment Management LLC purchased a new stake in shares of Brookdale Senior Living in the 4th quarter valued at about $101,000.

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.