Brookdale Senior Living Inc. (NYSE:BKD) Shares Acquired by Northern Trust Corp

Northern Trust Corp grew its holdings in shares of Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 8.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,091,415 shares of the company's stock after buying an additional 163,016 shares during the period. Northern Trust Corp owned 1.05% of Brookdale Senior Living worth $10,520,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. R Squared Ltd purchased a new stake in Brookdale Senior Living during the 4th quarter worth about $33,000. Cibc World Markets Corp purchased a new stake in shares of Brookdale Senior Living in the 4th quarter valued at about $90,000. Illumine Investment Management LLC purchased a new stake in shares of Brookdale Senior Living in the 4th quarter valued at about $101,000. Optimize Financial Inc purchased a new stake in shares of Brookdale Senior Living in the 4th quarter valued at about $113,000. Finally, Retirement Income Solutions Inc purchased a new stake in shares of Brookdale Senior Living in the 4th quarter valued at about $114,000.

Brookdale Senior Living Stock Performance

BKD traded up $0.01 on Friday, hitting $6.43. 2,219,632 shares of the company traded hands, compared to its average volume of 2,412,406. The company has a 50 day moving average of $6.26 and a 200-day moving average of $5.62. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 20.05. The stock has a market capitalization of $1.51 billion, a PE ratio of -7.22 and a beta of 0.83. Brookdale Senior Living Inc. has a 12-month low of $4.45 and a 12-month high of $8.12.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last released 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 return on equity of 65.92% and a negative net margin of 6.46%. Sell-side analysts anticipate that Brookdale Senior Living Inc. will post -0.56 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Macquarie reissued an "outperform" rating and issued a $8.00 target price on shares of Brookdale Senior Living in a report on Wednesday, March 12th. Barclays boosted their target price on Brookdale Senior Living from $7.00 to $7.50 and gave the company an "equal weight" rating in a report on Wednesday, April 16th. Finally, Royal Bank of Canada upped their price objective on Brookdale Senior Living from $8.00 to $9.00 and gave the company an "outperform" rating in a research note on Thursday, May 8th. 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. Based on data from MarketBeat.com, Brookdale Senior Living presently has a consensus 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.