Mackenzie Financial Corp Has $598,000 Stock Holdings in Brookdale Senior Living Inc. (NYSE:BKD)

Mackenzie Financial Corp raised its stake in Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 261.7% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 118,885 shares of the company's stock after buying an additional 86,021 shares during the quarter. Mackenzie Financial Corp owned 0.06% of Brookdale Senior Living worth $598,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in BKD. Barclays PLC increased its stake in Brookdale Senior Living by 339.9% in the 3rd quarter. Barclays PLC now owns 322,667 shares of the company's stock valued at $2,192,000 after buying an additional 249,318 shares during the period. SG Americas Securities LLC increased its stake in Brookdale Senior Living by 38.7% in the 4th quarter. SG Americas Securities LLC now owns 59,703 shares of the company's stock valued at $300,000 after buying an additional 16,650 shares during the period. R Squared Ltd acquired a new position in Brookdale Senior Living in the 4th quarter valued at approximately $33,000. Principal Financial Group Inc. increased its stake in Brookdale Senior Living by 9.9% in the 4th quarter. Principal Financial Group Inc. now owns 150,025 shares of the company's stock valued at $755,000 after buying an additional 13,494 shares during the period. Finally, Retirement Income Solutions Inc acquired a new position in Brookdale Senior Living in the 4th quarter valued at approximately $114,000.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. 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. Royal Bank of Canada upped their price objective on shares of Brookdale Senior Living from $8.00 to $9.00 and gave the stock an "outperform" rating in a report on Thursday, May 8th. Finally, 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 report on Wednesday, April 16th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $7.70.

Brookdale Senior Living Stock Performance

NYSE:BKD traded down $0.01 during trading hours on Friday, hitting $6.69. 1,945,594 shares of the company traded hands, compared to its average volume of 2,450,500. The stock has a market capitalization of $1.57 billion, a price-to-earnings ratio of -7.52 and a beta of 0.81. Brookdale Senior Living Inc. has a twelve month low of $4.45 and a twelve month high of $8.12. The firm has a 50-day moving average of $6.36 and a 200 day moving average of $5.69. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 20.05.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last released its earnings results 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%. On average, analysts forecast that Brookdale Senior Living Inc. will post -0.56 EPS for the current year.

Brookdale Senior Living 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.