Brookdale Senior Living Inc. (NYSE:BKD) Stake Boosted by BNP Paribas Financial Markets

BNP Paribas Financial Markets increased its position in shares of Brookdale Senior Living Inc. (NYSE:BKDFree Report) by 70.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,194,198 shares of the company’s stock after purchasing an additional 907,157 shares during the quarter. BNP Paribas Financial Markets owned 1.16% of Brookdale Senior Living worth $14,504,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Pingora Partners LLC bought a new position in Brookdale Senior Living during the fourth quarter worth $1,057,000. Vanguard Group Inc. lifted its stake in Brookdale Senior Living by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 18,051,166 shares of the company’s stock worth $105,058,000 after purchasing an additional 169,751 shares during the last quarter. Iron Triangle Partners LP lifted its stake in Brookdale Senior Living by 14.7% during the fourth quarter. Iron Triangle Partners LP now owns 4,859,607 shares of the company’s stock worth $28,283,000 after purchasing an additional 623,479 shares during the last quarter. Berylson Capital Partners LLC bought a new position in Brookdale Senior Living during the fourth quarter worth $1,397,000. Finally, Graham Capital Management L.P. bought a new position in Brookdale Senior Living during the third quarter worth $300,000.

Brookdale Senior Living Stock Down 0.5 %

BKD opened at $7.25 on Tuesday. The business has a 50-day moving average of $6.87 and a 200-day moving average of $6.33. The company has a debt-to-equity ratio of 10.23, a current ratio of 0.84 and a quick ratio of 0.84. Brookdale Senior Living Inc. has a fifty-two week low of $3.43 and a fifty-two week high of $7.62. The company has a market capitalization of $1.40 billion, a PE ratio of -9.42 and a beta of 1.31.

Brookdale Senior Living (NYSE:BKDGet Free Report) last issued its quarterly earnings results on Tuesday, May 7th. The company reported ($0.13) EPS for the quarter, topping 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 for the quarter. Equities research analysts forecast that Brookdale Senior Living Inc. will post -0.52 EPS for the current fiscal year.

Wall Street Analyst Weigh In

BKD has been the topic of several analyst reports. StockNews.com lowered Brookdale Senior Living from a “hold” rating to a “sell” rating in a research report on Friday, June 7th. Royal Bank of Canada reissued an “outperform” rating and set a $9.00 price target on shares of Brookdale Senior Living in a report on Tuesday, April 9th. Finally, Macquarie began coverage on Brookdale Senior Living in a report on Friday, June 28th. They set an “outperform” rating and a $7.50 price target on the stock. One analyst has rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $7.50.

View Our Latest Research Report on BKD

About Brookdale Senior Living

(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

Institutional Ownership by Quarter for Brookdale Senior Living (NYSE:BKD)

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