CIBC World Markets Inc. maintained its stake in shares of Brookdale Senior Living Inc. (NYSE:BKD) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,800 shares of the company’s stock at the end of the second quarter. CIBC World Markets Inc.’s holdings in Brookdale Senior Living were worth $953,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of BKD. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Brookdale Senior Living by 12.3% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,943 shares of the company’s stock valued at $102,000 after purchasing an additional 761 shares during the last quarter. Opera Trading Capital bought a new position in Brookdale Senior Living in the 2nd quarter valued at approximately $110,000. Oppenheimer Asset Management Inc. bought a new position in Brookdale Senior Living in the 1st quarter valued at approximately $159,000. Quantitative Systematic Strategies LLC bought a new position in Brookdale Senior Living in the 2nd quarter valued at approximately $169,000. Finally, Thrivent Financial For Lutherans bought a new position in Brookdale Senior Living in the 1st quarter valued at approximately $201,000. 99.66% of the stock is owned by institutional investors and hedge funds.

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Several equities analysts recently commented on the stock. Zacks Investment Research raised shares of Brookdale Senior Living from a “hold” rating to a “buy” rating and set a $16.00 price objective for the company in a research note on Monday, July 3rd. Jefferies Group LLC reissued a “buy” rating and issued a $16.50 price objective on shares of Brookdale Senior Living in a research note on Friday, July 14th. BidaskClub downgraded shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. ValuEngine downgraded shares of Brookdale Senior Living from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, Stifel Nicolaus dropped their price objective on shares of Brookdale Senior Living from $20.00 to $16.00 and set a “buy” rating for the company in a research note on Tuesday, August 8th. Five investment analysts have rated the stock with a sell rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $16.50.

Brookdale Senior Living Inc. (NYSE BKD) opened at 11.55 on Friday. Brookdale Senior Living Inc. has a 12 month low of $10.65 and a 12 month high of $18.34. The firm has a 50-day moving average of $12.23 and a 200 day moving average of $13.32. The firm’s market capitalization is $2.15 billion.

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

Brookdale Senior Living 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.

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

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