Brookdale Senior Living (NYSE:BKD) Upgraded by Wall Street Zen to "Hold" Rating

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

A number of other equities research analysts have also recently weighed in on the company. Royal Bank Of Canada restated an "outperform" rating and issued a $9.00 price target on shares of Brookdale Senior Living in a report on Wednesday, July 9th. Barclays raised their price objective on Brookdale Senior Living from $7.00 to $7.50 and gave the company an "equal weight" rating in a research report on Wednesday, April 16th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $7.70.

Brookdale Senior Living Stock Performance

Shares of Brookdale Senior Living stock traded down $0.18 on Friday, hitting $7.78. The stock had a trading volume of 1,800,352 shares, compared to its average volume of 2,605,216. The company's 50 day moving average price is $6.80 and its 200 day moving average price is $5.98. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 28.85. The stock has a market cap of $1.82 billion, a price-to-earnings ratio of -7.49 and a beta of 0.83. Brookdale Senior Living has a 52-week low of $4.45 and a 52-week 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) EPS for the quarter, meeting 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%. On average, research analysts anticipate that Brookdale Senior Living will post -0.56 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BKD. GAMMA Investing LLC boosted its position in shares of Brookdale Senior Living by 1,999.4% during the first quarter. GAMMA Investing LLC now owns 7,180 shares of the company's stock worth $45,000 after purchasing an additional 6,838 shares in the last quarter. PNC Financial Services Group Inc. bought a new stake in Brookdale Senior Living in the 1st quarter valued at about $47,000. Strs Ohio acquired a new stake in shares of Brookdale Senior Living during the 1st quarter worth approximately $61,000. Lazard Asset Management LLC lifted its stake in Brookdale Senior Living by 6,029.2% in the 4th quarter. Lazard Asset Management LLC now owns 9,868 shares of the company's stock valued at $49,000 after purchasing an additional 9,707 shares during the last quarter. Finally, Crestline Management LP bought a new position in Brookdale Senior Living in the 4th quarter valued at approximately $64,000.

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.