Militia Capital Partners LP Has $1.86 Million Stock Position in Brookdale Senior Living Inc. $BKD

Militia Capital Partners LP grew its stake in Brookdale Senior Living Inc. (NYSE:BKD) by 20.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 219,400 shares of the company’s stock after purchasing an additional 37,200 shares during the period. Brookdale Senior Living makes up approximately 0.9% of Militia Capital Partners LP’s holdings, making the stock its 27th largest holding. Militia Capital Partners LP’s holdings in Brookdale Senior Living were worth $1,858,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of BKD. Larson Financial Group LLC acquired a new stake in Brookdale Senior Living in the 3rd quarter valued at $59,000. Strs Ohio acquired a new position in Brookdale Senior Living during the first quarter worth $61,000. Covestor Ltd lifted its holdings in shares of Brookdale Senior Living by 55.8% during the third quarter. Covestor Ltd now owns 9,576 shares of the company’s stock valued at $81,000 after acquiring an additional 3,428 shares during the period. Oppenheimer Asset Management Inc. bought a new position in shares of Brookdale Senior Living during the third quarter valued at $85,000. Finally, Levin Capital Strategies L.P. acquired a new stake in shares of Brookdale Senior Living in the 3rd quarter valued at $85,000.

Brookdale Senior Living Stock Performance

Brookdale Senior Living stock opened at $14.17 on Tuesday. The stock has a 50-day simple moving average of $14.16 and a 200 day simple moving average of $11.07. The stock has a market capitalization of $3.37 billion, a price-to-earnings ratio of -12.76 and a beta of 0.68. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 39.87. Brookdale Senior Living Inc. has a 12-month low of $4.97 and a 12-month high of $17.09.

Brookdale Senior Living (NYSE:BKD) last posted its quarterly earnings data on Wednesday, February 18th. The company reported ($0.17) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.01). Brookdale Senior Living had a negative net margin of 8.22% and a negative return on equity of 305.28%. The company had revenue of $754.09 million during the quarter, compared to analyst estimates of $753.60 million. On average, research analysts anticipate that Brookdale Senior Living Inc. will post -0.56 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. Bank of America raised shares of Brookdale Senior Living from an “underperform” rating to a “buy” rating and upped their target price for the stock from $6.75 to $13.00 in a report on Tuesday, January 6th. Wall Street Zen upgraded shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a research report on Sunday, November 23rd. Barclays raised their price objective on shares of Brookdale Senior Living to $18.00 and gave the stock an “overweight” rating in a report on Tuesday, February 3rd. Zacks Research upgraded shares of Brookdale Senior Living from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 18th. Finally, Citigroup raised Brookdale Senior Living to a “buy” rating in a report on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Brookdale Senior Living presently has an average rating of “Moderate Buy” and an average price target of $16.00.

About Brookdale Senior Living

Brookdale Senior Living Inc (NYSE: BKD) is one of the nation’s largest operators of senior living communities, offering a full spectrum of living options that includes independent living, assisted living, memory care, continuing care retirement communities, respite care and skilled nursing services. The company emphasizes programs and amenities that support wellness, social engagement and overall quality of life for older adults.

Across the United States and Puerto Rico, Brookdale manages more than 700 communities serving tens of thousands of residents.