Brookdale Senior Living Inc. (NYSE:BKD) Shares Sold by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. reduced its position in Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 51.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 909,610 shares of the company's stock after selling 964,803 shares during the quarter. D. E. Shaw & Co. Inc. owned about 0.46% of Brookdale Senior Living worth $4,575,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the business. Wellington Management Group LLP boosted its position in shares of Brookdale Senior Living by 26.7% in the 4th quarter. Wellington Management Group LLP now owns 9,916,049 shares of the company's stock worth $49,878,000 after purchasing an additional 2,089,242 shares in the last quarter. ANTIPODES PARTNERS Ltd boosted its holdings in Brookdale Senior Living by 86.5% in the fourth quarter. ANTIPODES PARTNERS Ltd now owns 7,560,262 shares of the company's stock worth $38,031,000 after acquiring an additional 3,507,044 shares in the last quarter. Dimensional Fund Advisors LP grew its stake 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 during the last quarter. Edmond DE Rothschild Holding S.A. increased its holdings in shares of Brookdale Senior Living by 18.2% during the fourth quarter. Edmond DE Rothschild Holding S.A. now owns 6,792,160 shares of the company's stock valued at $34,165,000 after acquiring an additional 1,043,920 shares in the last quarter. Finally, Balyasny Asset Management L.P. raised its position in shares of Brookdale Senior Living by 77.6% in the 4th quarter. Balyasny Asset Management L.P. now owns 3,683,796 shares of the company's stock valued at $18,529,000 after purchasing an additional 1,609,997 shares during the last quarter.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Barclays boosted their target price 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. Royal Bank of Canada lifted their price objective on shares of Brookdale Senior Living from $8.00 to $9.00 and gave the stock an "outperform" rating in a research note on Thursday, May 8th. Finally, Macquarie reissued an "outperform" rating and issued a $8.00 target price on shares of Brookdale Senior Living in a research report on Wednesday, March 12th. Two analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $7.70.

Brookdale Senior Living Stock Performance

BKD traded down $0.17 during trading on Wednesday, reaching $6.57. 2,649,076 shares of the company's stock were exchanged, compared to its average volume of 2,399,420. The company has a debt-to-equity ratio of 20.05, a current ratio of 0.88 and a quick ratio of 0.88. Brookdale Senior Living Inc. has a 1 year low of $4.45 and a 1 year high of $8.12. The company's fifty day simple moving average is $6.24 and its 200-day simple moving average is $5.61. The stock has a market capitalization of $1.54 billion, a P/E ratio of -7.38 and a beta of 0.83.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last issued its earnings results on Tuesday, May 6th. The company reported ($0.11) earnings per share (EPS) for the quarter, hitting 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, research analysts predict that Brookdale Senior Living Inc. will post -0.56 earnings per share 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.