Brookdale Senior Living Inc. (NYSE:BKD) traded down 1.5% on Friday . The company traded as low as $16.65 and last traded at $16.71, with a volume of 851,113 shares changing hands. The stock had previously closed at $16.97.

A number of equities research analysts recently weighed in on the stock. 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, May 10th. 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. Zacks Investment Research raised shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a research report on Tuesday, August 9th. Finally, JMP Securities lowered their price objective on shares of Brookdale Senior Living from $30.00 to $29.00 and set a “market outperform” rating for the company in a research report on Wednesday. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. Brookdale Senior Living has a consensus rating of “Buy” and a consensus target price of $24.83.

The company’s market capitalization is $3.13 billion. The firm has a 50 day moving average price of $17.26 and a 200 day moving average price of $16.61.

Brookdale Senior Living (NYSE:BKD) last issued its quarterly earnings results 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 business posted ($0.46) earnings per share. The business had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Brookdale Senior Living’s revenue for the quarter was up 1.7% on a year-over-year basis. On average, equities research analysts anticipate that Brookdale Senior Living Inc. will post $2.52 earnings per share for the current year.

A hedge fund recently bought a new stake in Brookdale Senior Living stock. State of New Jersey Common Pension Fund D purchased a new position in shares of Brookdale Senior Living Inc. (NYSE:BKD) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 120,000 shares of the company’s stock, valued at approximately $2,215,000. State of New Jersey Common Pension Fund D owned about 0.06% of Brookdale Senior Living at the end of the most recent reporting period.

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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