Deutsche Bank AG Sells 158,344 Shares of Brookdale Senior Living Inc. (NYSE:BKD)

Deutsche Bank AG reduced its position in Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 4.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,668,690 shares of the company's stock after selling 158,344 shares during the period. Deutsche Bank AG owned about 1.84% of Brookdale Senior Living worth $18,454,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in BKD. R Squared Ltd acquired a new stake in shares of Brookdale Senior Living in the fourth quarter worth about $33,000. Crestline Management LP acquired a new stake in Brookdale Senior Living in the 4th quarter worth approximately $64,000. Freestone Grove Partners LP bought a new stake in Brookdale Senior Living during the fourth quarter worth approximately $65,000. Cibc World Markets Corp acquired a new position in Brookdale Senior Living during the fourth quarter valued at approximately $90,000. Finally, Illumine Investment Management LLC bought a new position in shares of Brookdale Senior Living in the fourth quarter valued at approximately $101,000.

Analyst Upgrades and Downgrades

Several research analysts recently commented on BKD shares. Macquarie reiterated an "outperform" rating and issued a $8.00 target price on shares of Brookdale Senior Living in a report on Wednesday, March 12th. Royal Bank of Canada raised their price objective on Brookdale Senior Living from $8.00 to $9.00 and gave the stock an "outperform" rating in a research report on Thursday, May 8th. Finally, Barclays boosted their price target on shares of Brookdale Senior Living from $7.00 to $7.50 and gave the company an "equal weight" rating in a report on Wednesday, April 16th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $7.70.

Brookdale Senior Living Price Performance

Shares of BKD traded down $0.05 during trading hours on Tuesday, hitting $6.71. The stock had a trading volume of 150,699 shares, compared to its average volume of 2,386,493. Brookdale Senior Living Inc. has a 52 week low of $4.45 and a 52 week high of $8.12. The stock has a market capitalization of $1.57 billion, a price-to-earnings ratio of -7.52 and a beta of 0.83. The company has a debt-to-equity ratio of 20.05, a current ratio of 0.88 and a quick ratio of 0.88. The company's fifty day moving average is $6.22 and its two-hundred day moving average is $5.60.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last released its quarterly earnings results on Tuesday, May 6th. The company reported ($0.11) earnings per share for the quarter, meeting the consensus estimate of ($0.11). Brookdale Senior Living had a negative net margin of 6.46% and a negative return on equity of 65.92%. On average, analysts anticipate that Brookdale Senior Living Inc. will post -0.56 EPS for the current year.

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.