Two Sigma Advisers LP lowered its holdings in shares of Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 45.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 198,627 shares of the company's stock after selling 163,260 shares during the quarter. Two Sigma Advisers LP owned approximately 0.10% of Brookdale Senior Living worth $999,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its position in shares of Brookdale Senior Living by 247.3% during the 4th quarter. JPMorgan Chase & Co. now owns 710,014 shares of the company's stock valued at $3,571,000 after purchasing an additional 505,569 shares during the last quarter. SG Americas Securities LLC increased its position in shares of Brookdale Senior Living by 38.7% during the 4th quarter. SG Americas Securities LLC now owns 59,703 shares of the company's stock valued at $300,000 after purchasing an additional 16,650 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of Brookdale Senior Living by 1.4% during the 4th quarter. Wells Fargo & Company MN now owns 1,495,009 shares of the company's stock valued at $7,520,000 after purchasing an additional 20,454 shares during the last quarter. Swiss National Bank increased its position in shares of Brookdale Senior Living by 2.9% during the 4th quarter. Swiss National Bank now owns 368,439 shares of the company's stock valued at $1,853,000 after purchasing an additional 10,500 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its position in shares of Brookdale Senior Living by 10.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 139,571 shares of the company's stock valued at $703,000 after purchasing an additional 13,225 shares during the last quarter.
Brookdale Senior Living Stock Performance
Brookdale Senior Living stock traded up $0.09 during midday trading on Thursday, hitting $6.71. The stock had a trading volume of 1,933,198 shares, compared to its average volume of 2,448,752. Brookdale Senior Living Inc. has a 52-week low of $4.45 and a 52-week high of $8.12. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 20.05. The company has a market capitalization of $1.57 billion, a PE ratio of -7.53 and a beta of 0.83. The firm's fifty day moving average is $6.35 and its two-hundred day moving average is $5.68.
Brookdale Senior Living (NYSE:BKD - Get Free Report) last posted its quarterly earnings results on Tuesday, May 6th. The company reported ($0.11) earnings per share 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%. On average, research analysts forecast that Brookdale Senior Living Inc. will post -0.56 EPS for the current year.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on BKD shares. 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 increased 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 report on Wednesday, April 16th. Finally, Royal Bank of Canada increased their target price 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. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $7.70.
View Our Latest Research Report on Brookdale Senior Living
Brookdale Senior Living Profile
(
Free Report)
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.
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