Los Angeles Capital Management LLC Has $1.32 Million Holdings in Brookdale Senior Living Inc. (NYSE:BKD)

Los Angeles Capital Management LLC cut its stake in Brookdale Senior Living Inc. (NYSE:BKD) by 20.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 227,190 shares of the company’s stock after selling 57,990 shares during the period. Los Angeles Capital Management LLC owned 0.12% of Brookdale Senior Living worth $1,322,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. SG Americas Securities LLC lifted its stake in shares of Brookdale Senior Living by 706.2% in the 3rd quarter. SG Americas Securities LLC now owns 82,203 shares of the company’s stock valued at $340,000 after purchasing an additional 72,007 shares during the period. Bank of New York Mellon Corp boosted its holdings in Brookdale Senior Living by 2.6% during the third quarter. Bank of New York Mellon Corp now owns 694,535 shares of the company’s stock worth $2,875,000 after buying an additional 17,310 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of Brookdale Senior Living by 5.2% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 119,420 shares of the company’s stock worth $494,000 after buying an additional 5,851 shares during the period. Allspring Global Investments Holdings LLC increased its stake in shares of Brookdale Senior Living by 812.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 12,244 shares of the company’s stock valued at $51,000 after acquiring an additional 10,902 shares during the last quarter. Finally, Panagora Asset Management Inc. raised its position in shares of Brookdale Senior Living by 5.7% in the 3rd quarter. Panagora Asset Management Inc. now owns 958,975 shares of the company’s stock valued at $3,970,000 after acquiring an additional 51,497 shares during the period.

Analyst Upgrades and Downgrades

BKD has been the subject of several research reports. Royal Bank of Canada reissued an “outperform” rating and set a $9.00 price objective on shares of Brookdale Senior Living in a research report on Tuesday, April 9th. StockNews.com upgraded Brookdale Senior Living from a “sell” rating to a “hold” rating in a report on Wednesday.

Brookdale Senior Living Price Performance

Shares of BKD opened at $7.01 on Thursday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 9.40. Brookdale Senior Living Inc. has a twelve month low of $3.33 and a twelve month high of $7.62. The stock has a market capitalization of $1.33 billion, a P/E ratio of -8.34 and a beta of 1.32. The company has a 50 day moving average of $6.49 and a 200-day moving average of $5.72.

Brookdale Senior Living (NYSE:BKD) last released its earnings results on Tuesday, February 20th. The company reported ($0.40) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.21). Brookdale Senior Living had a negative net margin of 6.27% and a negative return on equity of 44.01%. The business had revenue of $754.48 million during the quarter. As a group, equities research analysts forecast that Brookdale Senior Living Inc. will post -0.64 EPS for the current fiscal year.

Brookdale Senior Living Company 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.