Rhumbline Advisers Has $1.76 Million Position in Brookdale Senior Living Inc. (NYSE:BKD)

Rhumbline Advisers boosted its holdings in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 2.2% in the first quarter, according to its most recent filing with the SEC. The firm owned 280,596 shares of the company’s stock after acquiring an additional 5,949 shares during the period. Rhumbline Advisers owned 0.14% of Brookdale Senior Living worth $1,757,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of Brookdale Senior Living by 247.3% during the fourth quarter. JPMorgan Chase & Co. now owns 710,014 shares of the company’s stock worth $3,571,000 after purchasing an additional 505,569 shares in the last quarter. Wells Fargo & Company MN increased its holdings in shares of Brookdale Senior Living by 1.4% in the fourth quarter. Wells Fargo & Company MN now owns 1,495,009 shares of the company’s stock worth $7,520,000 after acquiring an additional 20,454 shares in the last quarter. Swiss National Bank increased its holdings in shares of Brookdale Senior Living by 2.9% in the fourth quarter. Swiss National Bank now owns 368,439 shares of the company’s stock worth $1,853,000 after acquiring an additional 10,500 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Brookdale Senior Living by 16.0% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 573,786 shares of the company’s stock worth $2,886,000 after purchasing an additional 79,264 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of Brookdale Senior Living by 10.5% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 139,571 shares of the company’s stock valued at $703,000 after purchasing an additional 13,225 shares in the last quarter.

Wall Street Analyst Weigh In

BKD has been the subject of a number of research reports. Royal Bank Of Canada increased their target price on Brookdale Senior Living from $8.00 to $9.00 and gave the stock an “outperform” rating in a research note on Thursday, May 8th. Macquarie restated an “outperform” rating and set a $8.00 price objective on shares of Brookdale Senior Living in a report on Wednesday, March 12th. Finally, Barclays upped their target price on shares of Brookdale Senior Living from $7.00 to $7.50 and gave the stock an “equal weight” rating in a research note on Wednesday, April 16th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $7.70.

Brookdale Senior Living Stock Up 0.5%

Brookdale Senior Living stock opened at $6.78 on Wednesday. The company has a fifty day simple moving average of $6.52 and a 200 day simple moving average of $5.76. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 28.85. Brookdale Senior Living Inc. has a 1-year low of $4.45 and a 1-year high of $8.12. The company has a market cap of $1.59 billion, a P/E ratio of -6.51 and a beta of 0.81.

Brookdale Senior Living (NYSE:BKD) last announced its quarterly earnings data on Tuesday, May 6th. The company reported ($0.11) earnings per share for the quarter, meeting 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%. Research analysts anticipate that Brookdale Senior Living Inc. will post -0.56 earnings per share for the current fiscal year.

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.