Brookdale Senior Living Inc. (NYSE:BKD) – Equities researchers at Jefferies Group lowered their Q3 2016 earnings per share (EPS) estimates for Brookdale Senior Living in a research report issued on Monday. Jefferies Group analyst B. Tanquilut now anticipates that the brokerage will post earnings per share of $0.62 for the quarter, down from their prior forecast of $0.64. Jefferies Group currently has a “Buy” rating and a $29.00 target price on the stock. Jefferies Group also issued estimates for Brookdale Senior Living’s Q4 2016 earnings at $0.65 EPS.

Other analysts have also recently issued reports about the stock. Zacks Investment Research upgraded shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a report on Tuesday, August 9th. Barclays PLC lowered 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 report on Wednesday, June 1st. Finally, JMP Securities lowered their price target on shares of Brookdale Senior Living from $30.00 to $29.00 and set a “market outperform” rating on the stock in a report on Wednesday, August 24th. Three 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 stock has an average rating of “Buy” and a consensus target price of $24.83.

Shares of Brookdale Senior Living (NYSE:BKD) opened at 17.68 on Tuesday. The stock’s market capitalization is $3.29 billion. The stock has a 50 day moving average of $17.27 and a 200-day moving average of $17.08. Brookdale Senior Living has a 52 week low of $11.28 and a 52 week high of $26.48.

Brookdale Senior Living (NYSE:BKD) last announced its earnings results on Monday, August 8th. The company reported ($0.19) EPS for the quarter, missing the Zacks’ consensus estimate of $0.59 by $0.78. Brookdale Senior Living had a negative net margin of 6.54% and a positive return on equity of 10.13%. The business had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.23 billion. The firm’s quarterly revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the company posted ($0.46) earnings per share.

A number of hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada boosted its stake in Brookdale Senior Living by 9.5% in the second quarter. Royal Bank of Canada now owns 773,541 shares of the company’s stock worth $11,944,000 after buying an additional 66,922 shares during the period. Cohen & Steers Inc. boosted its stake in shares of Brookdale Senior Living by 16.9% in the second quarter. Cohen & Steers Inc. now owns 6,173,115 shares of the company’s stock valued at $95,313,000 after buying an additional 892,436 shares during the last quarter. Public Employees Retirement System of Ohio boosted its stake in shares of Brookdale Senior Living by 0.3% in the second quarter. Public Employees Retirement System of Ohio now owns 466,255 shares of the company’s stock valued at $7,199,000 after buying an additional 1,479 shares during the last quarter. Amalgamated Bank boosted its stake in shares of Brookdale Senior Living by 3.5% in the second quarter. Amalgamated Bank now owns 22,260 shares of the company’s stock valued at $376,000 after buying an additional 749 shares during the last quarter. Finally, Legal & General Group Plc boosted its stake in shares of Brookdale Senior Living by 153.9% in the second quarter. Legal & General Group Plc now owns 76,342 shares of the company’s stock valued at $1,179,000 after buying an additional 46,280 shares during the last quarter.

Brookdale Senior Living Company Profile

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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