Sheaff Brock Investment Advisors LLC maintained its stake in shares of Brookdale Senior Living Inc. (NYSE:BKD) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 20,500 shares of the company’s stock at the end of the second quarter. Sheaff Brock Investment Advisors LLC’s holdings in Brookdale Senior Living were worth $302,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of BKD. Paulson & CO. Inc. acquired a new position in Brookdale Senior Living in the 1st quarter valued at about $67,707,000. Wellington Management Group LLP increased its position in Brookdale Senior Living by 125.2% in the 1st quarter. Wellington Management Group LLP now owns 5,241,746 shares of the company’s stock valued at $70,398,000 after acquiring an additional 2,914,451 shares during the period. Dimensional Fund Advisors LP increased its position in Brookdale Senior Living by 53.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 7,136,576 shares of the company’s stock valued at $95,843,000 after acquiring an additional 2,475,820 shares during the period. Macquarie Group Ltd. increased its position in Brookdale Senior Living by 176.0% in the 1st quarter. Macquarie Group Ltd. now owns 2,649,529 shares of the company’s stock valued at $35,583,000 after acquiring an additional 1,689,610 shares during the period. Finally, Adelante Capital Management LLC acquired a new position in Brookdale Senior Living in the 1st quarter valued at about $18,306,000. Hedge funds and other institutional investors own 99.66% of the company’s stock.

Shares of Brookdale Senior Living Inc. (BKD) opened at 11.69 on Tuesday. Brookdale Senior Living Inc. has a one year low of $10.65 and a one year high of $18.34. The firm has a 50-day moving average price of $12.56 and a 200-day moving average price of $13.40. The stock’s market cap is $2.18 billion.

Brookdale Senior Living (NYSE:BKD) last announced its quarterly earnings results on Monday, August 7th. The company reported ($0.23) EPS for the quarter, missing the consensus estimate of $0.56 by $0.79. Brookdale Senior Living had a negative net margin of 10.14% and a positive return on equity of 6.00%. The firm had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same quarter in the previous year, the business posted ($0.19) EPS. Brookdale Senior Living’s revenue for the quarter was down 5.7% compared to the same quarter last year. Analysts anticipate that Brookdale Senior Living Inc. will post $1.80 earnings per share for the current fiscal year.

Several brokerages recently issued reports on BKD. Zacks Investment Research upgraded Brookdale Senior Living from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a research report on Monday, July 3rd. Jefferies Group LLC restated a “buy” rating and issued a $16.50 price target on shares of Brookdale Senior Living in a research report on Friday, July 14th. BidaskClub cut Brookdale Senior Living from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. ValuEngine cut Brookdale Senior Living from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Stifel Nicolaus dropped their price target on Brookdale Senior Living from $20.00 to $16.00 and set a “buy” rating on the stock in a research report on Tuesday, August 8th. Five equities research analysts have rated the stock with a sell rating and four have issued a buy rating to the company. Brookdale Senior Living has a consensus rating of “Hold” and a consensus price target of $16.50.

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Brookdale Senior Living Company Profile

Brookdale Senior Living Inc operates senior living communities in the United States. The Company operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). It operates through five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services and Management Services.

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Institutional Ownership by Quarter for Brookdale Senior Living (NYSE:BKD)

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