GSA Capital Partners LLP acquired a new stake in Brookdale Senior Living Inc. (NYSE:BKD – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 132,863 shares of the company’s stock, valued at approximately $832,000. GSA Capital Partners LLP owned 0.07% of Brookdale Senior Living as of its most recent SEC filing.
Other institutional investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its holdings in shares of Brookdale Senior Living by 1,999.4% in the 1st quarter. GAMMA Investing LLC now owns 7,180 shares of the company’s stock valued at $45,000 after purchasing an additional 6,838 shares in the last quarter. Lazard Asset Management LLC boosted its holdings in Brookdale Senior Living by 6,029.2% during the fourth quarter. Lazard Asset Management LLC now owns 9,868 shares of the company’s stock worth $49,000 after buying an additional 9,707 shares in the last quarter. Crestline Management LP acquired a new position in Brookdale Senior Living during the fourth quarter worth about $64,000. Freestone Grove Partners LP purchased a new position in Brookdale Senior Living in the fourth quarter valued at about $65,000. Finally, Sherbrooke Park Advisers LLC purchased a new position in Brookdale Senior Living in the fourth quarter valued at about $80,000.
Wall Street Analysts Forecast Growth
BKD has been the topic of several research analyst reports. Barclays boosted their price target on 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. Wall Street Zen downgraded Brookdale Senior Living from a “hold” rating to a “sell” rating in a research report on Sunday, July 20th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $9.00 target price on shares of Brookdale Senior Living in a report on Wednesday, July 9th. Two 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’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $7.70.
Brookdale Senior Living Stock Down 2.1%
BKD stock opened at $7.59 on Friday. 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 Inc. has a 12 month low of $4.45 and a 12 month high of $8.01. The firm has a market capitalization of $1.78 billion, a PE ratio of -7.30 and a beta of 0.83. The company’s 50 day simple moving average is $7.09 and its 200-day simple moving average is $6.24.
Brookdale Senior Living (NYSE:BKD – Get Free Report) last announced its earnings results on Tuesday, May 6th. The company reported ($0.11) EPS for the quarter, meeting analysts’ consensus estimates of ($0.11). Brookdale Senior Living had a negative return on equity of 79.84% and a negative net margin of 7.52%. Equities analysts expect that Brookdale Senior Living Inc. will post -0.56 earnings per share for the current fiscal year.
Brookdale Senior Living 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.
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