American Century Companies Inc. Raises Stock Position in Brookdale Senior Living Inc. $BKD

American Century Companies Inc. lifted its position in Brookdale Senior Living Inc. (NYSE:BKD) by 2.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,534,675 shares of the company’s stock after purchasing an additional 79,962 shares during the quarter. American Century Companies Inc. owned about 1.51% of Brookdale Senior Living worth $29,939,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Quantbot Technologies LP bought a new position in shares of Brookdale Senior Living in the 3rd quarter worth $382,000. Fox Run Management L.L.C. bought a new stake in shares of Brookdale Senior Living during the 3rd quarter worth $103,000. Levin Capital Strategies L.P. purchased a new position in Brookdale Senior Living in the third quarter worth $85,000. CenterBook Partners LP purchased a new position in Brookdale Senior Living in the third quarter worth $2,181,000. Finally, GSA Capital Partners LLP purchased a new position in Brookdale Senior Living in the third quarter worth $725,000.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on BKD. Royal Bank Of Canada reissued an “outperform” rating on shares of Brookdale Senior Living in a report on Friday, February 20th. Zacks Research raised Brookdale Senior Living from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Wall Street Zen upgraded shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a research report on Sunday, November 23rd. Barclays lifted their price target on shares of Brookdale Senior Living to $18.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 3rd. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Brookdale Senior Living in a research note on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $14.00.

Brookdale Senior Living Stock Up 1.0%

Shares of NYSE BKD opened at $14.88 on Friday. The firm has a fifty day simple moving average of $13.75 and a two-hundred day simple moving average of $10.77. Brookdale Senior Living Inc. has a 12 month low of $4.97 and a 12 month high of $17.09. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 39.87. The firm has a market capitalization of $3.54 billion, a PE ratio of -13.41 and a beta of 0.68.

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