Brookdale Senior Living Inc. (NYSE:BKD) Shares Sold by Deutsche Bank AG

Deutsche Bank AG cut its stake in Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 4.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. 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.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Hedges Asset Management LLC boosted its stake in Brookdale Senior Living by 28.0% in the 4th quarter. Hedges Asset Management LLC now owns 265,000 shares of the company's stock worth $1,333,000 after purchasing an additional 58,000 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Brookdale Senior Living by 247.3% during the 4th quarter. JPMorgan Chase & Co. now owns 710,014 shares of the company's stock valued at $3,571,000 after purchasing an additional 505,569 shares in the last quarter. Hennessy Advisors Inc. increased its holdings in shares of Brookdale Senior Living by 6.8% during the 4th quarter. Hennessy Advisors Inc. now owns 1,499,600 shares of the company's stock valued at $7,543,000 after purchasing an additional 95,700 shares in the last quarter. SG Americas Securities LLC increased its holdings in shares of Brookdale Senior Living by 38.7% during the 4th quarter. SG Americas Securities LLC now owns 59,703 shares of the company's stock valued at $300,000 after purchasing an additional 16,650 shares in the last quarter. Finally, Wells Fargo & Company MN increased its holdings in Brookdale Senior Living by 1.4% in the fourth quarter. Wells Fargo & Company MN now owns 1,495,009 shares of the company's stock valued at $7,520,000 after buying an additional 20,454 shares in the last quarter.

Analyst Ratings Changes

A number of research firms have recently commented on BKD. Barclays raised their target price 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. Macquarie reissued an "outperform" rating and issued a $8.00 target price on shares of Brookdale Senior Living in a research note on Wednesday, March 12th. Finally, Royal Bank of Canada upped their price objective on shares of Brookdale Senior Living from $8.00 to $9.00 and gave the company an "outperform" rating in a report on Thursday, May 8th. 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 company. According to MarketBeat, Brookdale Senior Living has a consensus rating of "Hold" and a consensus price target of $7.70.

Brookdale Senior Living Trading Down 0.9%

NYSE BKD traded down $0.06 on Monday, reaching $6.83. The stock had a trading volume of 516,830 shares, compared to its average volume of 2,937,118. The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of -7.67 and a beta of 0.83. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 20.05. Brookdale Senior Living Inc. has a 12-month low of $4.45 and a 12-month high of $8.12. The stock has a fifty day moving average price of $6.20 and a two-hundred day moving average price of $5.60.

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 net margin of 6.46% and a negative return on equity of 65.92%. As a group, sell-side analysts forecast that Brookdale Senior Living Inc. will post -0.56 EPS for the current fiscal 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.