ANTIPODES PARTNERS Ltd lifted its position in Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 86.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 7,560,262 shares of the company's stock after purchasing an additional 3,507,044 shares during the quarter. Brookdale Senior Living accounts for approximately 1.3% of ANTIPODES PARTNERS Ltd's holdings, making the stock its 28th biggest holding. ANTIPODES PARTNERS Ltd owned approximately 3.80% of Brookdale Senior Living worth $38,031,000 at the end of the most recent reporting period.
Other large investors have also made changes to their positions in the company. Wellington Management Group LLP grew its holdings in Brookdale Senior Living by 11.4% during the 3rd quarter. Wellington Management Group LLP now owns 7,826,807 shares of the company's stock worth $53,144,000 after acquiring an additional 799,744 shares during the last quarter. Rush Island Management LP grew its holdings in Brookdale Senior Living by 31.9% during the 3rd quarter. Rush Island Management LP now owns 5,116,632 shares of the company's stock worth $34,742,000 after acquiring an additional 1,237,727 shares during the last quarter. Geode Capital Management LLC lifted its position in Brookdale Senior Living by 2.1% during the 3rd quarter. Geode Capital Management LLC now owns 4,365,480 shares of the company's stock valued at $29,648,000 after purchasing an additional 89,344 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Brookdale Senior Living by 2.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,017,897 shares of the company's stock valued at $15,180,000 after purchasing an additional 64,814 shares during the period. Finally, Victory Capital Management Inc. lifted its position in Brookdale Senior Living by 5.5% during the 3rd quarter. Victory Capital Management Inc. now owns 2,765,590 shares of the company's stock valued at $18,778,000 after purchasing an additional 145,283 shares during the period.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on BKD shares. Royal Bank of Canada restated an "outperform" rating and set a $8.00 target price on shares of Brookdale Senior Living in a research report on Thursday, February 20th. Macquarie restated an "outperform" rating and set a $8.00 target price on shares of Brookdale Senior Living in a research report on Wednesday. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $7.50.
Get Our Latest Research Report on Brookdale Senior Living
Brookdale Senior Living Trading Up 4.7 %
Brookdale Senior Living stock traded up $0.28 during midday trading on Friday, hitting $6.08. 2,330,689 shares of the stock were exchanged, compared to its average volume of 2,526,051. The company has a fifty day simple moving average of $5.19 and a two-hundred day simple moving average of $5.70. Brookdale Senior Living Inc. has a 52 week low of $4.45 and a 52 week high of $8.12. The stock has a market capitalization of $1.22 billion, a PE ratio of -6.83 and a beta of 1.31. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 20.05.
Brookdale Senior Living (NYSE:BKD - Get Free Report) last released its quarterly earnings data on Tuesday, February 18th. The company reported ($0.37) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.21). Brookdale Senior Living had a negative return on equity of 65.92% and a negative net margin of 6.46%. The firm had revenue of $780.95 million for the quarter, compared to the consensus estimate of $781.78 million. Equities research analysts anticipate that Brookdale Senior Living Inc. will post -0.56 EPS for the current fiscal year.
Brookdale Senior Living Company Profile
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Free Report)
Brookdale Senior Living Inc owns, manages, and operates senior living communities in the United States. It operates in three segments: Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs). The Independent Living segment owns or leases communities comprising independent and assisted living units in a single community that are primarily designed for middle to upper income seniors.
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