Cibc World Markets Corp Acquires New Position in Brookdale Senior Living Inc. (NYSE:BKD)

Cibc World Markets Corp acquired a new stake in shares of Brookdale Senior Living Inc. (NYSE:BKD) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 17,913 shares of the company’s stock, valued at approximately $90,000.

Several other large investors have also bought and sold shares of the company. R Squared Ltd bought a new stake in shares of Brookdale Senior Living during the fourth quarter valued at approximately $33,000. Illumine Investment Management LLC purchased a new stake in Brookdale Senior Living during the 4th quarter valued at $101,000. Quest Partners LLC bought a new stake in shares of Brookdale Senior Living in the 3rd quarter worth $104,000. Retirement Income Solutions Inc purchased a new position in shares of Brookdale Senior Living in the fourth quarter worth $114,000. Finally, Quantbot Technologies LP bought a new position in shares of Brookdale Senior Living during the third quarter valued at $218,000.

Brookdale Senior Living Stock Down 0.1 %

Brookdale Senior Living stock opened at $5.89 on Friday. Brookdale Senior Living Inc. has a one year low of $4.45 and a one year high of $8.12. The stock has a fifty day moving average of $5.39 and a 200 day moving average of $5.65. The company has a debt-to-equity ratio of 20.05, a quick ratio of 0.88 and a current ratio of 0.88. The stock has a market cap of $1.18 billion, a PE ratio of -6.61 and a beta of 1.31.

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

Analyst Ratings Changes

BKD has been the subject of several research analyst reports. Royal Bank of Canada reiterated an “outperform” rating and issued a $8.00 price objective on shares of Brookdale Senior Living in a report on Thursday, February 20th. Macquarie reiterated an “outperform” rating and issued a $8.00 price target on shares of Brookdale Senior Living in a research note on Wednesday, March 12th. Two investment analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $7.50.

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.