Brookdale Senior Living Inc. (NYSE:BKD) rose 4.1% during trading on Tuesday . The stock traded as high as $18.46 and last traded at $18.09, with a volume of 4,262,217 shares. The stock had previously closed at $17.37.

BKD has been the topic of several analyst reports. Barclays PLC cut their price target on shares of 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 reissued a “buy” rating and set a $29.00 price target on shares of Brookdale Senior Living in a research report on Tuesday, May 10th. Finally, Zacks Investment Research cut shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a research report on Monday, July 18th. Three equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $25.50.

The stock’s market cap is $3.16 billion. The firm has a 50-day moving average of $16.80 and a 200-day moving average of $16.52.

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

Several hedge funds and institutional investors have added to or reduced their stakes in the stock. Trexquant Investment LP acquired a new position in Brookdale Senior Living during the fourth quarter worth $1,105,000. State of New Jersey Common Pension Fund D acquired a new position in Brookdale Senior Living during the fourth quarter worth $2,215,000. Bank of Montreal Can raised its position in Brookdale Senior Living by 201.4% in the fourth quarter. Bank of Montreal Can now owns 125,357 shares of the company’s stock worth $2,314,000 after buying an additional 83,770 shares during the period. Rhumbline Advisers raised its position in Brookdale Senior Living by 1.6% in the fourth quarter. Rhumbline Advisers now owns 130,364 shares of the company’s stock worth $2,407,000 after buying an additional 2,090 shares during the period. Finally, Coe Capital Management LLC acquired 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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