Brookdale Senior Living (NYSE:BKD) Upgraded to Hold at StockNews.com

Brookdale Senior Living (NYSE:BKD - Get Free Report) was upgraded by investment analysts at StockNews.com from a "sell" rating to a "hold" rating in a research report issued on Wednesday.

Separately, Royal Bank of Canada reissued an "outperform" rating and set a $9.00 price target on shares of Brookdale Senior Living in a research note on Tuesday, April 9th.

Brookdale Senior Living Price Performance

NYSE:BKD traded down $0.36 on Wednesday, hitting $7.01. The company had a trading volume of 3,203,820 shares, compared to its average volume of 1,916,624. Brookdale Senior Living has a 52 week low of $3.33 and a 52 week high of $7.62. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 9.40. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of -8.34 and a beta of 1.32. The firm has a 50 day moving average of $6.49 and a two-hundred day moving average of $5.72.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last announced its quarterly earnings results on Tuesday, February 20th. The company reported ($0.40) EPS for the quarter, missing analysts' consensus estimates of ($0.19) by ($0.21). The firm had revenue of $754.48 million during the quarter. Brookdale Senior Living had a negative net margin of 6.27% and a negative return on equity of 44.01%. On average, research analysts anticipate that Brookdale Senior Living will post -0.64 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BKD. Wellington Management Group LLP acquired a new stake in shares of Brookdale Senior Living in the fourth quarter valued at about $28,961,000. BNP Paribas Financial Markets increased its position in Brookdale Senior Living by 70.5% during the 1st quarter. BNP Paribas Financial Markets now owns 2,194,198 shares of the company's stock valued at $14,504,000 after purchasing an additional 907,157 shares during the period. Dimensional Fund Advisors LP raised its holdings in Brookdale Senior Living by 8.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 9,310,786 shares of the company's stock worth $54,191,000 after purchasing an additional 742,822 shares during the last quarter. Waterfront Capital Partners LLC lifted its position in shares of Brookdale Senior Living by 36.5% in the 4th quarter. Waterfront Capital Partners LLC now owns 2,765,004 shares of the company's stock worth $16,092,000 after purchasing an additional 740,004 shares during the period. Finally, Iron Triangle Partners LP boosted its stake in shares of Brookdale Senior Living by 14.7% in the 4th quarter. Iron Triangle Partners LP now owns 4,859,607 shares of the company's stock valued at $28,283,000 after purchasing an additional 623,479 shares during the last quarter.

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.

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