Victory Capital Management Inc. Sells 133,980 Shares of Brookdale Senior Living Inc. (NYSE:BKD)

Victory Capital Management Inc. decreased its position in Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 5.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,495,074 shares of the company's stock after selling 133,980 shares during the quarter. Victory Capital Management Inc. owned about 1.25% of Brookdale Senior Living worth $15,619,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. GAMMA Investing LLC grew its stake in shares of Brookdale Senior Living by 1,999.4% in the 1st quarter. GAMMA Investing LLC now owns 7,180 shares of the company's stock valued at $45,000 after buying an additional 6,838 shares in the last quarter. Lazard Asset Management LLC boosted its position in Brookdale Senior Living by 6,029.2% during the fourth quarter. Lazard Asset Management LLC now owns 9,868 shares of the company's stock worth $49,000 after purchasing an additional 9,707 shares during the period. Crestline Management LP bought a new stake in Brookdale Senior Living during the fourth quarter worth approximately $64,000. Freestone Grove Partners LP bought a new stake in Brookdale Senior Living during the fourth quarter worth approximately $65,000. Finally, Sherbrooke Park Advisers LLC bought a new stake in Brookdale Senior Living during the fourth quarter worth approximately $80,000.

Brookdale Senior Living Price Performance

Brookdale Senior Living stock traded up $0.07 during mid-day trading on Friday, hitting $7.51. 2,165,280 shares of the company were exchanged, compared to its average volume of 3,128,507. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 28.85. The business has a fifty day moving average of $6.99 and a 200 day moving average of $6.16. Brookdale Senior Living Inc. has a 1-year low of $4.45 and a 1-year high of $8.08. The company has a market capitalization of $1.76 billion, a PE ratio of -7.22 and a beta of 0.83.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last released its quarterly earnings data 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 79.84% and a negative net margin of 7.52%. As a group, sell-side analysts expect that Brookdale Senior Living Inc. will post -0.56 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on BKD shares. Royal Bank Of Canada reiterated an "outperform" rating and set a $9.00 price target on shares of Brookdale Senior Living in a report on Wednesday, July 9th. Barclays upped their price target on 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, Wall Street Zen lowered Brookdale Senior Living from a "hold" rating to a "sell" rating in a research note on Sunday, July 20th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $7.70.

About Brookdale Senior Living

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.