Royal Bank Of Canada Reiterates "Outperform" Rating for Brookdale Senior Living (NYSE:BKD)

Royal Bank Of Canada restated their outperform rating on shares of Brookdale Senior Living (NYSE:BKD - Free Report) in a research report report published on Wednesday,Benzinga reports. Royal Bank Of Canada currently has a $9.00 price target on the stock.

Other equities analysts also recently issued reports about the stock. Macquarie restated an "outperform" rating and issued a $8.00 target price on shares of Brookdale Senior Living in a research note on Wednesday, March 12th. Barclays increased 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. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average price target of $7.70.

Brookdale Senior Living Price Performance

NYSE:BKD traded up $0.18 during trading hours on Wednesday, reaching $7.92. The stock had a trading volume of 3,355,713 shares, compared to its average volume of 2,605,151. Brookdale Senior Living has a 52 week low of $4.45 and a 52 week high of $8.12. The stock has a market capitalization of $1.85 billion, a PE ratio of -7.61 and a beta of 0.83. The company has a 50 day moving average price of $6.80 and a two-hundred day moving average price of $5.96. The company has a debt-to-equity ratio of 28.85, a quick ratio of 0.82 and a current ratio of 0.82.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported ($0.11) EPS 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, sell-side analysts anticipate that Brookdale Senior Living will post -0.56 earnings per share for the current fiscal year.

Institutional Trading of Brookdale Senior Living

Large investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its position in Brookdale Senior Living by 1,999.4% in the 1st 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. acquired a new position in shares of Brookdale Senior Living in the 1st quarter valued at $47,000. Lazard Asset Management LLC boosted its holdings in Brookdale Senior Living by 6,029.2% during the fourth quarter. Lazard Asset Management LLC now owns 9,868 shares of the company's stock worth $49,000 after buying an additional 9,707 shares in the last quarter. Strs Ohio acquired a new stake in Brookdale Senior Living during the first quarter valued at $61,000. Finally, Crestline Management LP purchased a new position in Brookdale Senior Living in the fourth quarter valued at $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.