Brookdale Senior Living Inc. (NYSE:BKD)’s share price fell 6.1% during trading on Tuesday . The stock traded as low as $14.88 and last traded at $14.93, with a volume of 1,353,010 shares trading hands. The stock had previously closed at $15.90.

Several research firms have recently commented on BKD. Barclays PLC decreased their target price on Brookdale Senior Living from $28.00 to $21.00 and set an “equal weight” rating on the stock in a research report on Wednesday, June 1st. Jefferies Group reaffirmed a “buy” rating on shares of Brookdale Senior Living in a research report on Sunday, May 29th. Finally, Zacks Investment Research raised Brookdale Senior Living from a “sell” rating to a “hold” rating in a research report on Tuesday, April 12th. Four analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $25.50.

The company’s market cap is $2.90 billion. The stock has a 50 day moving average price of $16.87 and a 200 day moving average price of $16.48.

Brookdale Senior Living (NYSE:BKD) last released its quarterly earnings results on Monday, May 9th. The company reported $0.58 EPS for the quarter, meeting analysts’ consensus estimates of $0.58. The firm had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.25 billion. The firm’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter last year, the firm earned ($0.71) earnings per share. On average, analysts forecast that Brookdale Senior Living Inc. will post $2.47 EPS for the current fiscal year.

Several hedge funds and institutional investors have recently added to or reduced their stakes in BKD. New South Capital Management Inc. raised its position in Brookdale Senior Living by 59.6% in the fourth quarter. New South Capital Management Inc. now owns 3,975,642 shares of the company’s stock worth $73,391,000 after buying an additional 1,484,335 shares during the period. First Trust Advisors LP raised its position in Brookdale Senior Living by 157.3% in the fourth quarter. First Trust Advisors LP now owns 1,286,913 shares of the company’s stock worth $23,756,000 after buying an additional 786,726 shares during the period. Nationwide Fund Advisors purchased a new position in Brookdale Senior Living during the fourth quarter worth approximately $10,505,000. Russell Frank Co raised its position in shares of Brookdale Senior Living by 652.2% in the fourth quarter. Russell Frank Co now owns 551,948 shares of the company’s stock valued at $10,157,000 after buying an additional 478,568 shares during the period. Finally, Rail Splitter Capital Management LLC bought a new position in shares of Brookdale Senior Living during the fourth quarter valued at about $8,175,000.

Brookdale Senior Living Inc operates senior living communities in the United States. The Company operates independent, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). The Company has five operating segments: Retirement Centers; Assisted Living; CCRCs – Rental; Brookdale Ancillary Services, and Management Services.

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