Thrivent Financial For Lutherans grew its holdings in Brookdale Senior Living Inc. (NYSE:BKD) by 96.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 29,511 shares of the company’s stock after acquiring an additional 14,511 shares during the period. Thrivent Financial For Lutherans’ holdings in Brookdale Senior Living were worth $434,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of 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 acquiring an additional 761 shares during the period. Opera Trading Capital purchased a new position in shares of Brookdale Senior Living in the 2nd quarter valued at $110,000. Oppenheimer Asset Management Inc. purchased a new position in shares of Brookdale Senior Living in the 1st quarter valued at $159,000. Quantitative Systematic Strategies LLC purchased a new position in shares of Brookdale Senior Living in the 2nd quarter valued at $169,000. Finally, Neuberger Berman Group LLC raised its stake in shares of Brookdale Senior Living by 56.6% in the 1st quarter. Neuberger Berman Group LLC now owns 19,926 shares of the company’s stock valued at $268,000 after acquiring an additional 7,200 shares during the period. 99.66% of the stock is currently owned by institutional investors and hedge funds.

Shares of Brookdale Senior Living Inc. (BKD) opened at 10.38 on Thursday. Brookdale Senior Living Inc. has a 12-month low of $9.94 and a 12-month high of $16.31. The firm’s market capitalization is $1.93 billion. The company’s 50-day moving average is $11.04 and its 200-day moving average is $12.98.

Brookdale Senior Living (NYSE:BKD) last issued 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). Brookdale Senior Living had a positive return on equity of 6.00% and a negative net margin of 10.14%. 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 firm posted ($0.19) earnings per share. Brookdale Senior Living’s quarterly revenue was down 5.7% compared to the same quarter last year. On average, equities analysts forecast that Brookdale Senior Living Inc. will post $1.80 earnings per share for the current fiscal year.

A number of equities analysts have recently commented on BKD shares. ValuEngine downgraded shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a research note on Sunday, September 3rd. BidaskClub downgraded shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Jefferies Group LLC reissued a “buy” rating and issued a $16.50 target price on shares of Brookdale Senior Living in a research note on Friday, July 14th. Zacks Investment Research raised shares of Brookdale Senior Living from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a research note on Monday, July 3rd. Finally, Stifel Nicolaus cut their target price on shares of Brookdale Senior Living from $20.00 to $16.00 and set a “buy” rating on the stock in a research note on Tuesday, August 8th. Five analysts have rated the stock with a sell rating and four have assigned a buy rating to the company. Brookdale Senior Living has a consensus rating of “Hold” and a consensus price target of $16.33.

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About Brookdale Senior Living

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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