Deutsche Bank AG Raises Stock Position in Brookdale Senior Living Inc. $BKD

Deutsche Bank AG boosted its holdings in shares of Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 8.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,987,153 shares of the company's stock after purchasing an additional 318,463 shares during the period. Deutsche Bank AG owned about 1.99% of Brookdale Senior Living worth $24,960,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of BKD. ANTIPODES PARTNERS Ltd lifted its position in Brookdale Senior Living by 81.0% in the 1st quarter. ANTIPODES PARTNERS Ltd now owns 13,684,500 shares of the company's stock valued at $85,672,000 after acquiring an additional 6,124,238 shares in the last quarter. Flat Footed LLC raised its stake in Brookdale Senior Living by 84.9% during the 4th quarter. Flat Footed LLC now owns 11,401,757 shares of the company's stock valued at $57,351,000 after buying an additional 5,235,078 shares during the last quarter. Rush Island Management LP raised its stake in Brookdale Senior Living by 62.3% during the 4th quarter. Rush Island Management LP now owns 8,303,926 shares of the company's stock valued at $41,769,000 after buying an additional 3,187,294 shares during the last quarter. Wellington Management Group LLP raised its stake in Brookdale Senior Living by 26.7% during the 4th quarter. Wellington Management Group LLP now owns 9,916,049 shares of the company's stock valued at $49,878,000 after buying an additional 2,089,242 shares during the last quarter. Finally, Balyasny Asset Management L.P. increased its stake 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 worth $18,529,000 after purchasing an additional 1,609,997 shares in the last quarter.

Brookdale Senior Living Price Performance

Shares of Brookdale Senior Living stock traded up $0.06 during trading on Monday, reaching $7.37. 534,351 shares of the stock traded hands, compared to its average volume of 2,895,735. The company has a market capitalization of $1.73 billion, a price-to-earnings ratio of -7.01 and a beta of 0.87. The business has a fifty day simple moving average of $7.27 and a two-hundred day simple moving average of $6.43. The company has a debt-to-equity ratio of 39.87, a current ratio of 0.83 and a quick ratio of 0.83. Brookdale Senior Living Inc. has a 52-week low of $4.45 and a 52-week high of $8.01.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last announced its quarterly earnings results on Wednesday, August 6th. The company reported ($0.18) EPS for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.04). Brookdale Senior Living had a negative net margin of 7.60% and a negative return on equity of 107.19%. The business had revenue of $812.94 million during the quarter, compared to the consensus estimate of $817.63 million. Sell-side analysts expect that Brookdale Senior Living Inc. will post -0.56 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on BKD. Royal Bank Of Canada restated an "outperform" rating and issued a $9.00 price objective on shares of Brookdale Senior Living in a research note on Wednesday, July 9th. Barclays set a $8.00 price target on Brookdale Senior Living and gave the company an "equal weight" rating in a report on Thursday, August 7th. Finally, Wall Street Zen raised Brookdale Senior Living from a "sell" rating to a "hold" rating in a report on Saturday, August 9th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, Brookdale Senior Living has an average rating of "Hold" and a consensus price target of $7.80.

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.