733,140 Shares in Brookdale Senior Living Inc. $BKD Bought by SG Americas Securities LLC

SG Americas Securities LLC acquired a new stake in Brookdale Senior Living Inc. (NYSE:BKD) during the fourth quarter, HoldingsChannel reports. The fund acquired 733,140 shares of the company’s stock, valued at approximately $7,911,000.

Other institutional investors also recently bought and sold shares of the company. Wellington Management Group LLP raised its position in Brookdale Senior Living by 24.5% during the 3rd quarter. Wellington Management Group LLP now owns 11,609,307 shares of the company’s stock worth $98,331,000 after buying an additional 2,282,151 shares during the last quarter. Maple Rock Capital Partners Inc. purchased a new stake in shares of Brookdale Senior Living in the second quarter valued at about $45,804,000. Bank of America Corp DE increased its stake in shares of Brookdale Senior Living by 3.8% during the second quarter. Bank of America Corp DE now owns 6,507,559 shares of the company’s stock worth $45,293,000 after acquiring an additional 238,042 shares during the period. Assenagon Asset Management S.A. raised its holdings in Brookdale Senior Living by 192.4% during the third quarter. Assenagon Asset Management S.A. now owns 3,821,952 shares of the company’s stock worth $32,372,000 after purchasing an additional 2,514,884 shares in the last quarter. Finally, American Century Companies Inc. raised its holdings in Brookdale Senior Living by 2.3% during the third quarter. American Century Companies Inc. now owns 3,534,675 shares of the company’s stock worth $29,939,000 after purchasing an additional 79,962 shares in the last quarter.

Brookdale Senior Living Trading Down 3.0%

Shares of BKD opened at $13.40 on Tuesday. Brookdale Senior Living Inc. has a twelve month low of $4.97 and a twelve month high of $17.09. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 39.87. The firm has a market capitalization of $3.19 billion, a P/E ratio of -12.08 and a beta of 0.68. The firm’s 50-day moving average is $14.68 and its two-hundred day moving average is $11.52.

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

Analysts Set New Price Targets

A number of equities research analysts have weighed in on BKD shares. Zacks Research raised Brookdale Senior Living from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Weiss Ratings reissued a “sell (d-)” rating on shares of Brookdale Senior Living in a research note on Wednesday, January 21st. Bank of America raised Brookdale Senior Living from an “underperform” rating to a “buy” rating and raised their price target for the company from $6.75 to $13.00 in a report on Tuesday, January 6th. Royal Bank Of Canada restated an “outperform” rating on shares of Brookdale Senior Living in a research note on Friday, February 20th. Finally, Citigroup raised Brookdale Senior Living to a “buy” rating in a report on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $16.00.

Brookdale Senior Living Profile

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.