Brokerages Set Brookdale Senior Living Inc. (NYSE:BKD) PT at $13.25

Brookdale Senior Living Inc. (NYSE:BKD) has received an average recommendation of “Moderate Buy” from the six ratings firms that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $13.25.

Several research firms recently commented on BKD. Bank of America upgraded shares of Brookdale Senior Living from an “underperform” rating to a “buy” rating and boosted their price objective for the stock from $6.75 to $13.00 in a research report on Tuesday, January 6th. Weiss Ratings restated a “sell (d-)” rating on shares of Brookdale Senior Living in a research report on Wednesday, January 21st. Citigroup upgraded shares of Brookdale Senior Living to a “buy” rating in a research report on Tuesday, January 6th. Barclays lifted their price objective on Brookdale Senior Living to $15.00 and gave the stock an “overweight” rating in a research report on Thursday, January 22nd. Finally, Wall Street Zen raised Brookdale Senior Living from a “sell” rating to a “hold” rating in a research note on Sunday, November 23rd.

Institutional Trading of Brookdale Senior Living

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BKD. Maple Rock Capital Partners Inc. acquired a new position in Brookdale Senior Living in the 2nd quarter valued at about $45,804,000. Assenagon Asset Management S.A. raised its position in shares of Brookdale Senior Living by 192.4% in the third quarter. Assenagon Asset Management S.A. now owns 3,821,952 shares of the company’s stock valued at $32,372,000 after buying an additional 2,514,884 shares during the last quarter. Mason Capital Management LLC acquired a new position in shares of Brookdale Senior Living in the third quarter valued at approximately $20,971,000. Wellington Management Group LLP lifted its stake in shares of Brookdale Senior Living by 24.5% during the third quarter. Wellington Management Group LLP now owns 11,609,307 shares of the company’s stock valued at $98,331,000 after buying an additional 2,282,151 shares during the period. Finally, Millennium Management LLC boosted its position in Brookdale Senior Living by 124.0% during the third quarter. Millennium Management LLC now owns 2,477,684 shares of the company’s stock worth $20,986,000 after acquiring an additional 1,371,606 shares during the last quarter.

Brookdale Senior Living Stock Performance

BKD opened at $15.64 on Friday. Brookdale Senior Living has a 1-year low of $4.45 and a 1-year high of $16.37. The stock has a market cap of $3.72 billion, a P/E ratio of -11.94 and a beta of 0.69. The stock’s 50 day simple moving average is $11.42 and its 200 day simple moving average is $9.43. The company has a debt-to-equity ratio of 39.87, a current ratio of 0.84 and a quick ratio of 0.84.

Brookdale Senior Living (NYSE:BKD) last posted its earnings results on Thursday, November 6th. The company reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.04). The firm had revenue of $813.17 million for the quarter, compared to analysts’ expectations of $825.59 million. Brookdale Senior Living had a negative return on equity of 173.75% and a negative net margin of 9.52%. As a group, equities analysts anticipate that Brookdale Senior Living will post -0.56 EPS for the current fiscal year.

Brookdale Senior Living Company Profile

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.