Walleye Capital LLC Invests $130,000 in Brookdale Senior Living Inc. $BKD

Walleye Capital LLC purchased a new position in shares of Brookdale Senior Living Inc. (NYSE:BKD) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 20,795 shares of the company’s stock, valued at approximately $130,000.

Other large investors also recently made changes to their positions in the company. GAMMA Investing LLC boosted its stake in shares of Brookdale Senior Living by 1,999.4% during the 1st quarter. GAMMA Investing LLC now owns 7,180 shares of the company’s stock worth $45,000 after acquiring an additional 6,838 shares in the last quarter. PNC Financial Services Group Inc. bought a new stake in shares of Brookdale Senior Living during the 1st quarter worth about $47,000. Lazard Asset Management LLC boosted its stake in shares of Brookdale Senior Living by 6,029.2% during the 4th quarter. Lazard Asset Management LLC now owns 9,868 shares of the company’s stock worth $49,000 after acquiring an additional 9,707 shares in the last quarter. Crestline Management LP bought a new stake in shares of Brookdale Senior Living during the 4th quarter worth about $64,000. Finally, Sherbrooke Park Advisers LLC acquired a new position in shares of Brookdale Senior Living during the 4th quarter worth about $80,000.

Brookdale Senior Living Trading Up 0.6%

Brookdale Senior Living stock opened at $7.70 on Friday. The business has a 50 day moving average price of $7.49 and a two-hundred day moving average price of $6.70. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 39.87. The stock has a market cap of $1.80 billion, a price-to-earnings ratio of -7.33 and a beta of 0.91. Brookdale Senior Living Inc. has a 12 month low of $4.45 and a 12 month high of $8.01.

Brookdale Senior Living (NYSE:BKD) last posted its quarterly earnings results on Wednesday, August 6th. The company reported ($0.18) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.04). The firm had revenue of $812.94 million during the quarter, compared to analyst estimates of $817.63 million. Brookdale Senior Living had a negative net margin of 7.60% and a negative return on equity of 107.19%. As a group, equities analysts forecast that Brookdale Senior Living Inc. will post -0.56 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Wall Street Zen raised Brookdale Senior Living from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Barclays set a $8.00 price objective on Brookdale Senior Living and gave the stock an “equal weight” rating in a research report on Thursday, August 7th. Finally, 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 Wednesday, July 9th. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $7.80.

Brookdale Senior Living 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.