SG Americas Securities LLC Grows Position in Brookdale Senior Living Inc. (NYSE:BKD)

SG Americas Securities LLC grew its position in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 180.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 167,382 shares of the company’s stock after purchasing an additional 107,679 shares during the quarter. SG Americas Securities LLC owned approximately 0.08% of Brookdale Senior Living worth $1,048,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in Brookdale Senior Living by 247.3% during the fourth quarter. JPMorgan Chase & Co. now owns 710,014 shares of the company’s stock valued at $3,571,000 after buying an additional 505,569 shares during the period. Wells Fargo & Company MN boosted its stake in shares of Brookdale Senior Living by 1.4% during the 4th 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 grew its position in shares of Brookdale Senior Living by 2.9% during the 4th quarter. Swiss National Bank now owns 368,439 shares of the company’s stock valued at $1,853,000 after acquiring an additional 10,500 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Brookdale Senior Living by 16.0% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 573,786 shares of the company’s stock valued at $2,886,000 after acquiring an additional 79,264 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its stake in shares of Brookdale Senior Living by 10.5% in 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.

Analysts Set New Price Targets

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

Brookdale Senior Living Price Performance

Shares of Brookdale Senior Living stock opened at $6.78 on Wednesday. The stock has a market capitalization of $1.59 billion, a P/E ratio of -6.51 and a beta of 0.81. The business has a 50 day simple moving average of $6.52 and a two-hundred day simple moving average of $5.76. Brookdale Senior Living Inc. has a 12 month low of $4.45 and a 12 month high of $8.12. The company has a debt-to-equity ratio of 28.85, a current ratio of 0.82 and a quick ratio of 0.82.

Brookdale Senior Living (NYSE:BKD) last posted its quarterly earnings data on Tuesday, May 6th. The company reported ($0.11) EPS 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%. As a group, analysts predict that Brookdale Senior Living Inc. will post -0.56 EPS for the current fiscal 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.