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

BKD has been the subject of a number of analyst reports. Jefferies Group reiterated a “buy” rating and issued a $29.00 price target on shares of Brookdale Senior Living in a research note on Tuesday, May 10th. Zacks Investment Research lowered Brookdale Senior Living from a “hold” rating to a “sell” rating in a research note on Monday, July 18th. JMP Securities cut their price target on Brookdale Senior Living from $30.00 to $29.00 and set a “market outperform” rating for the company in a research note on Wednesday. Finally, Barclays PLC cut their price target on Brookdale Senior Living from $28.00 to $21.00 and set an “equal weight” rating for the company in a research note on Wednesday, June 1st. Three investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. Brookdale Senior Living has an average rating of “Buy” and an average price target of $24.83.

The company’s 50-day moving average price is $17.30 and its 200 day moving average price is $16.62. The firm’s market capitalization is $3.13 billion.

Brookdale Senior Living (NYSE:BKD) last posted its earnings results on Monday, August 8th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.59 by $0.78. The company had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.23 billion. Brookdale Senior Living’s revenue for the quarter was up 1.7% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.46) EPS. On average, analysts expect that Brookdale Senior Living Inc. will post $2.52 earnings per share for the current year.

An institutional investor recently bought a new position in Brookdale Senior Living stock. Trexquant Investment LP bought a new position in shares of Brookdale Senior Living Inc. (NYSE:BKD) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 59,880 shares of the company’s stock, valued at approximately $1,105,000.

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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