Sculptor Capital LP bought a new stake in shares of Brookdale Senior Living Inc. (NYSE:BKD - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,780,000 shares of the company's stock, valued at approximately $28,640,000. Sculptor Capital LP owned about 0.75% of Brookdale Senior Living as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors also recently bought and sold shares of BKD. Jupiter Topco LLC bought a new stake in Brookdale Senior Living in the second quarter worth $1,688,000. Hsbc Holdings PLC bought a new position in Brookdale Senior Living during the second quarter valued at $260,000. Canada Pension Plan Investment Board bought a new position in Brookdale Senior Living during the second quarter valued at $9,023,000. Castleark Management LLC bought a new position in Brookdale Senior Living during the second quarter valued at $9,173,000. Finally, Legal & General Group Plc purchased a new stake in shares of Brookdale Senior Living in the second quarter valued at $3,098,000.
Wall Street Analysts Forecast Growth
A number of research firms recently commented on BKD. Compass Point initiated coverage on shares of Brookdale Senior Living in a research note on Monday, June 15th. They set a "buy" rating and a $22.00 price target for the company. Barclays decreased their price objective on shares of Brookdale Senior Living from $18.00 to $17.00 and set an "overweight" rating for the company in a research note on Tuesday, August 11th. Finally, Weiss Ratings restated a "sell (d-)" rating on shares of Brookdale Senior Living in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $17.40.
Read Our Latest Report on BKD
Brookdale Senior Living Trading Up 0.9%
NYSE:BKD opened at $12.23 on Wednesday. The company has a market cap of $2.92 billion, a price-to-earnings ratio of -21.09, a price-to-earnings-growth ratio of 5.87 and a beta of 0.60. Brookdale Senior Living Inc. has a twelve month low of $7.29 and a twelve month high of $17.09. The stock has a fifty day simple moving average of $14.25 and a 200-day simple moving average of $14.11.
Brookdale Senior Living (NYSE:BKD - Get Free Report) last posted its quarterly earnings results on Monday, August 10th. The company reported $0.10 EPS for the quarter, topping analysts' consensus estimates of ($0.06) by $0.16. Brookdale Senior Living had a negative net margin of 4.53% and a negative return on equity of 15,050.32%. The firm had revenue of $718.58 million for the quarter, compared to analysts' expectations of $735.63 million. As a group, equities research analysts predict that Brookdale Senior Living Inc. will post 0.06 EPS for the current fiscal year.
About Brookdale Senior Living
(
Free Report)
Brookdale Senior Living Inc NYSE: BKD is one of the nation's largest operators of senior living communities, offering a full spectrum of living options that includes independent living, assisted living, memory care, continuing care retirement communities, respite care and skilled nursing services. The company emphasizes programs and amenities that support wellness, social engagement and overall quality of life for older adults.
Across the United States and Puerto Rico, Brookdale manages more than 700 communities serving tens of thousands of residents.
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