Brookdale Senior Living (NYSE:BKD) Lowered to “Sell” at StockNews.com

StockNews.com lowered shares of Brookdale Senior Living (NYSE:BKDFree Report) from a hold rating to a sell rating in a report published on Friday morning.

Separately, Royal Bank of Canada reissued an outperform rating and issued a $9.00 price objective on shares of Brookdale Senior Living in a research report on Tuesday, April 9th.

View Our Latest Stock Analysis on BKD

Brookdale Senior Living Stock Performance

Shares of BKD stock opened at $6.62 on Friday. Brookdale Senior Living has a 12 month low of $3.43 and a 12 month high of $7.62. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 10.23. The business’s 50 day moving average is $6.81 and its two-hundred day moving average is $6.11. The company has a market cap of $1.28 billion, a PE ratio of -8.60 and a beta of 1.34.

Brookdale Senior Living (NYSE:BKDGet Free Report) last posted its quarterly earnings data on Tuesday, May 7th. The company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.16) by $0.03. Brookdale Senior Living had a negative return on equity of 44.72% and a negative net margin of 5.71%. The company had revenue of $782.83 million during the quarter. Equities analysts predict that Brookdale Senior Living will post -0.52 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in Brookdale Senior Living by 1.2% in the first quarter. Vanguard Group Inc. now owns 18,271,365 shares of the company’s stock worth $120,774,000 after purchasing an additional 220,199 shares during the period. Dimensional Fund Advisors LP lifted its position in Brookdale Senior Living by 8.7% in the fourth 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 period. Iron Triangle Partners LP lifted its position in Brookdale Senior Living by 21.4% in the first quarter. Iron Triangle Partners LP now owns 5,897,960 shares of the company’s stock worth $38,986,000 after purchasing an additional 1,038,353 shares during the period. Wellington Management Group LLP bought a new position in Brookdale Senior Living in the fourth quarter worth $28,961,000. Finally, Charles Schwab Investment Management Inc. lifted its position in Brookdale Senior Living by 1.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 3,516,867 shares of the company’s stock worth $14,560,000 after purchasing an additional 62,083 shares during the period.

Brookdale Senior Living Company Profile

(Get 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.

Further Reading

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