Intech Investment Management LLC Has $567,000 Stake in Brookdale Senior Living Inc. (NYSE:BKD)

Intech Investment Management LLC lifted its position in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 87.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 112,746 shares of the company’s stock after purchasing an additional 52,587 shares during the quarter. Intech Investment Management LLC’s holdings in Brookdale Senior Living were worth $567,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of BKD. Principal Financial Group Inc. grew its stake in shares of Brookdale Senior Living by 449.5% during the 3rd quarter. Principal Financial Group Inc. now owns 136,531 shares of the company’s stock worth $927,000 after acquiring an additional 111,686 shares in the last quarter. Teachers Retirement System of The State of Kentucky bought a new position in Brookdale Senior Living in the third quarter valued at $1,775,000. Vision Capital Corp increased its stake in Brookdale Senior Living by 27.8% in the 3rd quarter. Vision Capital Corp now owns 1,838,440 shares of the company’s stock valued at $12,483,000 after buying an additional 400,000 shares during the last quarter. Hedges Asset Management LLC lifted its position in Brookdale Senior Living by 28.0% during the 4th quarter. Hedges Asset Management LLC now owns 265,000 shares of the company’s stock worth $1,333,000 after buying an additional 58,000 shares in the last quarter. Finally, Hennessy Advisors Inc. boosted its stake in shares of Brookdale Senior Living by 6.8% during the 4th quarter. Hennessy Advisors Inc. now owns 1,499,600 shares of the company’s stock worth $7,543,000 after buying an additional 95,700 shares during the last quarter.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Macquarie reaffirmed an “outperform” rating and issued a $8.00 target price on shares of Brookdale Senior Living in a research report on Wednesday, March 12th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $8.00 price target on shares of Brookdale Senior Living in a research report on Thursday, February 20th. Two equities research analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $7.50.

Brookdale Senior Living Price Performance

Shares of NYSE BKD opened at $6.05 on Tuesday. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 20.05. The company has a market cap of $1.21 billion, a PE ratio of -6.79 and a beta of 1.31. Brookdale Senior Living Inc. has a twelve month low of $4.45 and a twelve month high of $8.12. The business’s 50 day moving average price is $5.33 and its two-hundred day moving average price is $5.65.

Brookdale Senior Living (NYSE:BKD) last issued its quarterly earnings data on Tuesday, February 18th. The company reported ($0.37) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.21). The firm had revenue of $780.95 million for the quarter, compared to the consensus estimate of $781.78 million. Brookdale Senior Living had a negative return on equity of 65.92% and a negative net margin of 6.46%. On average, analysts predict that Brookdale Senior Living Inc. will post -0.56 EPS for the current 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.