GSA Capital Partners LLP Makes New Investment in Brookdale Senior Living Inc. (NYSE:BKD)

Key Points

• GSA Capital Partners has acquired 132,863 shares of Brookdale Senior Living Inc. (NYSE:BKD), valued at approximately $832,000, indicating institutional interest in the company.
• Multiple institutional investors significantly increased their stakes in Brookdale, with GAMMA Investing LLC raising its holdings by nearly 2,000% in the first quarter.
• Analysts have a mixed outlook for Brookdale Senior Living, with price targets ranging from $7.00 to $9.00 and a consensus rating of "Hold."

GSA Capital Partners LLP bought a new stake in Brookdale Senior Living Inc. (NYSE:BKD - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 132,863 shares of the company's stock, valued at approximately $832,000. GSA Capital Partners LLP owned 0.07% of Brookdale Senior Living as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. ANTIPODES PARTNERS Ltd increased its stake in Brookdale Senior Living by 81.0% in the first quarter. ANTIPODES PARTNERS Ltd now owns 13,684,500 shares of the company's stock valued at $85,672,000 after purchasing an additional 6,124,238 shares in the last quarter. Flat Footed LLC increased its position in shares of Brookdale Senior Living by 84.9% during the fourth quarter. Flat Footed LLC now owns 11,401,757 shares of the company's stock worth $57,351,000 after acquiring an additional 5,235,078 shares in the last quarter. Wellington Management Group LLP increased its position in shares of Brookdale Senior Living by 26.7% during the fourth quarter. Wellington Management Group LLP now owns 9,916,049 shares of the company's stock worth $49,878,000 after acquiring an additional 2,089,242 shares in the last quarter. Rush Island Management LP increased its position in shares of Brookdale Senior Living by 62.3% during the fourth quarter. Rush Island Management LP now owns 8,303,926 shares of the company's stock worth $41,769,000 after acquiring an additional 3,187,294 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Brookdale Senior Living by 2.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 7,140,601 shares of the company's stock worth $35,916,000 after acquiring an additional 164,239 shares in the last quarter.

Brookdale Senior Living Price Performance

NYSE BKD traded up $0.09 on Tuesday, hitting $7.82. The stock had a trading volume of 724,145 shares, compared to its average volume of 2,885,517. Brookdale Senior Living Inc. has a 52-week low of $4.45 and a 52-week high of $8.01. The company has a debt-to-equity ratio of 28.85, a quick ratio of 0.82 and a current ratio of 0.82. The company has a market capitalization of $1.83 billion, a price-to-earnings ratio of -7.51 and a beta of 0.87. The firm has a 50-day moving average of $7.12 and a 200-day moving average of $6.28.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last posted its quarterly earnings data 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 7.52% and a negative return on equity of 79.84%. Equities analysts expect that Brookdale Senior Living Inc. will post -0.56 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on BKD shares. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $9.00 price objective on shares of Brookdale Senior Living in a research report on Wednesday, July 9th. Barclays upped their price objective on shares of Brookdale Senior Living from $7.00 to $7.50 and gave the stock an "equal weight" rating in a research report on Wednesday, April 16th. Finally, Wall Street Zen downgraded shares of Brookdale Senior Living from a "hold" rating to a "sell" rating in a research report on Sunday, July 20th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $7.70.

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.