Captrust Financial Advisors Decreases Stock Position in Brookdale Senior Living Inc. (NYSE:BKD)

Captrust Financial Advisors cut its holdings in Brookdale Senior Living Inc. (NYSE:BKD) by 19.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 19,220 shares of the company’s stock after selling 4,530 shares during the quarter. Captrust Financial Advisors’ holdings in Brookdale Senior Living were worth $97,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of BKD. Balyasny Asset Management L.P. grew its holdings in Brookdale Senior Living by 77.6% during the fourth quarter. Balyasny Asset Management L.P. now owns 3,683,796 shares of the company’s stock worth $18,529,000 after acquiring an additional 1,609,997 shares during the period. Ameriprise Financial Inc. acquired a new stake in Brookdale Senior Living in the fourth quarter valued at approximately $135,000. AYAL Capital Advisors Ltd grew its holdings in Brookdale Senior Living by 25.3% in the fourth quarter. AYAL Capital Advisors Ltd now owns 1,508,946 shares of the company’s stock valued at $7,590,000 after purchasing an additional 304,700 shares during the period. Freestone Grove Partners LP acquired a new stake in Brookdale Senior Living in the fourth quarter valued at approximately $65,000. Finally, Northern Trust Corp boosted its stake in shares of Brookdale Senior Living by 8.5% in the fourth quarter. Northern Trust Corp now owns 2,091,415 shares of the company’s stock worth $10,520,000 after acquiring an additional 163,016 shares during the last quarter.

Analyst Ratings Changes

A number of analysts have recently issued reports on BKD shares. Macquarie reaffirmed an “outperform” rating and issued a $8.00 price target on shares of Brookdale Senior Living in a research note on Wednesday, March 12th. Royal Bank of Canada lifted their price target on Brookdale Senior Living from $8.00 to $9.00 and gave the stock an “outperform” rating in a report on Thursday, May 8th. Finally, Barclays boosted their price objective on shares of Brookdale Senior Living from $7.00 to $7.50 and gave the company an “equal weight” rating in a report on Wednesday, April 16th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. According to MarketBeat, Brookdale Senior Living presently has a consensus rating of “Hold” and an average price target of $7.70.

Brookdale Senior Living Stock Down 2.1%

Shares of NYSE:BKD opened at $6.42 on Friday. The company has a debt-to-equity ratio of 20.05, a current ratio of 0.88 and a quick ratio of 0.88. The firm has a market capitalization of $1.50 billion, a PE ratio of -7.21 and a beta of 0.83. The firm’s 50-day moving average is $6.25 and its two-hundred day moving average is $5.62. Brookdale Senior Living Inc. has a 1 year low of $4.45 and a 1 year high of $8.12.

Brookdale Senior Living (NYSE:BKD) last issued its quarterly earnings results on Tuesday, May 6th. The company reported ($0.11) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.11). Brookdale Senior Living had a negative net margin of 6.46% and a negative return on equity of 65.92%. Analysts predict that Brookdale Senior Living Inc. will post -0.56 EPS for the current year.

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.