Brookdale Senior Living Inc. $BKD Shares Purchased by Ameritas Investment Partners Inc.

Ameritas Investment Partners Inc. increased its stake in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 25.4% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 23,440 shares of the company’s stock after buying an additional 4,751 shares during the quarter. Ameritas Investment Partners Inc.’s holdings in Brookdale Senior Living were worth $163,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Brookdale Senior Living by 15.9% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 59,820 shares of the company’s stock worth $374,000 after acquiring an additional 8,189 shares during the last quarter. PNC Financial Services Group Inc. purchased a new stake in shares of Brookdale Senior Living in the first quarter valued at about $47,000. Charles Schwab Investment Management Inc. increased its position in Brookdale Senior Living by 0.3% during the first quarter. Charles Schwab Investment Management Inc. now owns 3,027,870 shares of the company’s stock worth $18,954,000 after purchasing an additional 9,973 shares during the last quarter. Deutsche Bank AG raised its stake in Brookdale Senior Living by 8.7% during the first quarter. Deutsche Bank AG now owns 3,987,153 shares of the company’s stock worth $24,960,000 after purchasing an additional 318,463 shares during the period. Finally, Wolverine Asset Management LLC purchased a new position in Brookdale Senior Living during the first quarter worth about $1,069,000.

Brookdale Senior Living Trading Down 0.5%

Shares of NYSE BKD opened at $11.08 on Tuesday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 39.87. The stock has a market capitalization of $2.63 billion, a PE ratio of -10.55 and a beta of 0.96. Brookdale Senior Living Inc. has a twelve month low of $4.45 and a twelve month high of $11.38. The stock has a fifty day simple moving average of $9.33 and a 200-day simple moving average of $7.98.

Brookdale Senior Living (NYSE:BKD) last posted its earnings results on Thursday, November 6th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.04). Brookdale Senior Living had a negative return on equity of 107.19% and a negative net margin of 7.60%.The firm had revenue of $813.17 million for the quarter, compared to analyst estimates of $825.59 million. On average, equities analysts forecast that Brookdale Senior Living Inc. will post -0.56 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on BKD. Royal Bank Of Canada increased their price target on shares of Brookdale Senior Living from $9.00 to $13.00 and gave the company an “outperform” rating in a research note on Monday, November 17th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Brookdale Senior Living in a report on Wednesday, October 8th. Barclays raised Brookdale Senior Living from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $8.00 to $14.00 in a research note on Monday, November 10th. Finally, Wall Street Zen upgraded Brookdale Senior Living from a “sell” rating to a “hold” rating in a research report on Sunday, November 23rd. Three investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, Brookdale Senior Living presently has an average rating of “Moderate Buy” and a consensus target price of $11.67.

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.