Quantbot Technologies LP Makes New Investment in Brookdale Senior Living Inc. $BKD

Quantbot Technologies LP acquired a new stake in Brookdale Senior Living Inc. (NYSE:BKD) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 45,136 shares of the company’s stock, valued at approximately $382,000.

Several other large investors also recently modified their holdings of the stock. Fox Run Management L.L.C. bought a new stake in shares of Brookdale Senior Living during the 3rd quarter worth about $103,000. Levin Capital Strategies L.P. bought a new position in Brookdale Senior Living in the 3rd quarter valued at about $85,000. CenterBook Partners LP bought a new position in Brookdale Senior Living in the 3rd quarter valued at about $2,181,000. GSA Capital Partners LLP acquired a new stake in Brookdale Senior Living during the third quarter worth approximately $725,000. Finally, Oppenheimer Asset Management Inc. acquired a new stake in Brookdale Senior Living during the third quarter worth approximately $85,000.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. Wall Street Zen raised Brookdale Senior Living from a “sell” rating to a “hold” rating in a research report on Sunday, November 23rd. Bank of America raised Brookdale Senior Living from an “underperform” rating to a “buy” rating and lifted their price target for the stock from $6.75 to $13.00 in a report on Tuesday, January 6th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Brookdale Senior Living in a report on Friday, February 20th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Brookdale Senior Living in a research report on Wednesday, January 21st. Finally, Citigroup raised Brookdale Senior Living to a “buy” rating in a report on Tuesday, January 6th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $14.00.

Brookdale Senior Living Stock Down 3.2%

Shares of BKD opened at $14.42 on Tuesday. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 39.87. Brookdale Senior Living Inc. has a 12 month low of $4.97 and a 12 month high of $17.09. The firm’s 50 day moving average is $13.83 and its 200-day moving average is $10.85. The stock has a market capitalization of $3.43 billion, a PE ratio of -12.99 and a beta of 0.68.

Brookdale Senior Living (NYSE:BKD) last issued its quarterly earnings results on Wednesday, February 18th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.01). The company had revenue of $754.09 million during the quarter, compared to the consensus estimate of $753.60 million. Brookdale Senior Living had a negative net margin of 8.22% and a negative return on equity of 305.28%. Equities research analysts forecast that Brookdale Senior Living Inc. will post -0.56 EPS for the current year.

About Brookdale Senior Living

Brookdale Senior Living Inc (NYSE: BKD) is one of the nation’s largest operators of senior living communities, offering a full spectrum of living options that includes independent living, assisted living, memory care, continuing care retirement communities, respite care and skilled nursing services. The company emphasizes programs and amenities that support wellness, social engagement and overall quality of life for older adults.

Across the United States and Puerto Rico, Brookdale manages more than 700 communities serving tens of thousands of residents.