Shares of Brookdale Senior Living Inc. (NYSE:BKD) were down 4.2% on Wednesday . The stock traded as low as $17.12 and last traded at $17.14, with a volume of 2,623,841 shares trading hands. The stock had previously closed at $17.89.

A number of equities analysts recently weighed in on BKD shares. Jefferies Group reaffirmed a “buy” rating and set a $29.00 price objective on shares of Brookdale Senior Living in a research report on Tuesday. Barclays PLC lowered their price objective on shares of Brookdale Senior Living from $28.00 to $21.00 and set an “equal weight” rating for the company in a research report on Wednesday, June 1st. Finally, Zacks Investment Research raised shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a research report on Tuesday. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $25.50.

The firm’s market capitalization is $3.16 billion. The company’s 50-day moving average is $16.78 and its 200 day moving average is $16.51.

Brookdale Senior Living (NYSE:BKD) last posted its quarterly earnings data on Monday, August 8th. The company reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of $0.59 by $0.78. During the same period in the previous year, the company posted ($0.46) earnings per share. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.23 billion. Brookdale Senior Living’s revenue was up 1.7% on a year-over-year basis. Equities analysts forecast that Brookdale Senior Living Inc. will post $2.47 earnings per share for the current fiscal year.

Several institutional investors have recently bought and sold shares of 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 in the last quarter. Rail Splitter Capital Management LLC purchased a new position in Brookdale Senior Living during the fourth quarter worth $8,175,000. Alpine Woods Capital Investors LLC raised its position in Brookdale Senior Living by 25.0% in the fourth quarter. Alpine Woods Capital Investors LLC now owns 250,000 shares of the company’s stock worth $4,615,000 after buying an additional 50,000 shares in the last quarter. First Washington CORP purchased a new position in Brookdale Senior Living during the fourth quarter worth $3,827,000. Finally, Coe Capital Management LLC purchased a new position in Brookdale Senior Living during the fourth quarter worth $3,640,000.

Brookdale Senior Living Inc is engaged in the operation of senior living communities in the United States. The Company has five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services, and Management Services. Its Retirement Centers segment includes owned or leased communities that are designed for middle to upper income seniors.

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