Tower Research Capital LLC TRC Decreases Stock Holdings in Brookdale Senior Living Inc. (NYSE:BKD)

Tower Research Capital LLC TRC trimmed its position in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 53.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 6,350 shares of the company’s stock after selling 7,260 shares during the period. Tower Research Capital LLC TRC’s holdings in Brookdale Senior Living were worth $32,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of BKD. ANTIPODES PARTNERS Ltd boosted its holdings in Brookdale Senior Living by 86.5% in the fourth quarter. ANTIPODES PARTNERS Ltd now owns 7,560,262 shares of the company’s stock worth $38,031,000 after acquiring an additional 3,507,044 shares in the last quarter. Wellington Management Group LLP boosted its holdings in Brookdale Senior Living by 26.7% in the fourth quarter. Wellington Management Group LLP now owns 9,916,049 shares of the company’s stock worth $49,878,000 after acquiring an additional 2,089,242 shares in the last quarter. Edmond DE Rothschild Holding S.A. boosted its holdings in Brookdale Senior Living by 18.2% in the fourth quarter. Edmond DE Rothschild Holding S.A. now owns 6,792,160 shares of the company’s stock worth $34,165,000 after acquiring an additional 1,043,920 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Brookdale Senior Living by 247.3% in the fourth quarter. JPMorgan Chase & Co. now owns 710,014 shares of the company’s stock worth $3,571,000 after acquiring an additional 505,569 shares in the last quarter. Finally, First Eagle Investment Management LLC boosted its holdings in Brookdale Senior Living by 40.8% in the fourth 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.

Brookdale Senior Living Trading Up 0.9%

Brookdale Senior Living stock opened at $6.84 on Friday. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 20.05. Brookdale Senior Living Inc. has a 52 week low of $4.45 and a 52 week high of $8.12. The company has a market capitalization of $1.60 billion, a price-to-earnings ratio of -7.69 and a beta of 0.83. The stock has a 50-day moving average price of $6.17 and a 200 day moving average price of $5.61.

Brookdale Senior Living (NYSE:BKD) last announced its quarterly earnings results on Tuesday, May 6th. The company reported ($0.11) earnings per share for the quarter, meeting the consensus estimate of ($0.11). Brookdale Senior Living had a negative return on equity of 65.92% and a negative net margin of 6.46%. Sell-side analysts anticipate that Brookdale Senior Living Inc. will post -0.56 EPS for the current year.

Analyst Ratings Changes

BKD has been the subject of several recent analyst reports. Royal Bank of Canada raised their price target on Brookdale Senior Living from $8.00 to $9.00 and gave the stock an “outperform” rating in a report on Thursday, May 8th. Macquarie reaffirmed an “outperform” rating and set a $8.00 target price on shares of Brookdale Senior Living in a report on Wednesday, March 12th. Finally, Barclays lifted their target price on Brookdale Senior Living from $7.00 to $7.50 and gave the stock an “equal weight” rating in a report on Wednesday, April 16th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Brookdale Senior Living has a consensus rating of “Hold” and an average price target of $7.70.

About Brookdale Senior Living

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.