Vanguard Group Inc. Has $97.26 Million Position in Brookdale Senior Living Inc. (NYSE:BKD)

Vanguard Group Inc. boosted its stake in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 0.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 19,335,114 shares of the company’s stock after acquiring an additional 45,559 shares during the period. Vanguard Group Inc. owned about 0.10% of Brookdale Senior Living worth $97,256,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. KLP Kapitalforvaltning AS bought a new position in shares of Brookdale Senior Living in the fourth quarter worth $165,000. Sei Investments Co. increased its holdings in Brookdale Senior Living by 56.7% in the 4th quarter. Sei Investments Co. now owns 217,422 shares of the company’s stock valued at $1,094,000 after buying an additional 78,714 shares during the period. Intech Investment Management LLC raised its position in shares of Brookdale Senior Living by 87.4% in the 4th quarter. Intech Investment Management LLC now owns 112,746 shares of the company’s stock valued at $567,000 after buying an additional 52,587 shares in the last quarter. Cibc World Markets Corp bought a new stake in shares of Brookdale Senior Living during the 4th quarter worth approximately $90,000. Finally, First Eagle Investment Management LLC boosted its position in shares of Brookdale Senior Living by 40.8% during the 4th quarter. First Eagle Investment Management LLC now owns 1,640,886 shares of the company’s stock worth $8,254,000 after acquiring an additional 475,268 shares in the last quarter.

Analyst Ratings Changes

Several research analysts have commented on BKD shares. Barclays initiated coverage on shares of Brookdale Senior Living in a research report on Tuesday, April 1st. They set an “equal weight” rating and a $7.00 price objective for the company. Royal Bank of Canada reiterated an “outperform” rating and issued a $8.00 target price on shares of Brookdale Senior Living in a research report on Thursday, February 20th. Finally, Macquarie reissued an “outperform” rating and issued a $8.00 target price on shares of Brookdale Senior Living in a report on Wednesday, March 12th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Brookdale Senior Living has a consensus rating of “Hold” and an average price target of $7.40.

Brookdale Senior Living Trading Up 15.6 %

Shares of BKD stock opened at $5.93 on Thursday. Brookdale Senior Living Inc. has a twelve month low of $4.45 and a twelve month high of $8.12. The stock’s fifty day simple moving average is $5.60 and its 200 day simple moving average is $5.58. 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 firm has a market capitalization of $1.19 billion, a P/E ratio of -6.66 and a beta of 0.87.

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