Brookdale Senior Living (NYSE:BKD) Given New $7.50 Price Target at Barclays

Brookdale Senior Living (NYSE:BKD - Get Free Report) had its price target boosted by investment analysts at Barclays from $7.00 to $7.50 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has an "equal weight" rating on the stock. Barclays's price target would indicate a potential upside of 20.29% from the company's current price.

Several other equities research analysts also recently issued reports on the stock. Royal Bank of Canada reiterated an "outperform" rating and set a $8.00 price objective on shares of Brookdale Senior Living in a research note on Thursday, April 10th. Macquarie reaffirmed an "outperform" rating and issued a $8.00 target price on shares of Brookdale Senior Living in a research report on Wednesday, March 12th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $7.50.

Brookdale Senior Living Trading Down 1.2 %

Shares of BKD stock traded down $0.08 during mid-day trading on Wednesday, hitting $6.24. 4,358,049 shares of the company's stock were exchanged, compared to its average volume of 2,329,041. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 20.05. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of -7.01 and a beta of 0.87. The stock has a 50-day simple moving average of $5.78 and a two-hundred day simple moving average of $5.56. Brookdale Senior Living has a fifty-two week low of $4.45 and a fifty-two week high of $8.12.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The company reported ($0.37) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.21). The company had revenue of $780.95 million for the quarter, compared to analysts' expectations of $781.78 million. Brookdale Senior Living had a negative net margin of 6.46% and a negative return on equity of 65.92%. Equities analysts expect that Brookdale Senior Living will post -0.56 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. R Squared Ltd acquired a new position in Brookdale Senior Living during the 4th quarter worth $33,000. GAMMA Investing LLC lifted its stake in Brookdale Senior Living by 1,999.4% in the first quarter. GAMMA Investing LLC now owns 7,180 shares of the company's stock valued at $45,000 after buying an additional 6,838 shares during the last quarter. Lazard Asset Management LLC lifted its position in Brookdale Senior Living by 6,029.2% in the 4th quarter. Lazard Asset Management LLC now owns 9,868 shares of the company's stock valued at $49,000 after purchasing an additional 9,707 shares during the last quarter. Crestline Management LP acquired a new position in shares of Brookdale Senior Living during the fourth quarter worth approximately $64,000. Finally, Freestone Grove Partners LP acquired a new position in Brookdale Senior Living during the 4th quarter worth $65,000.

About Brookdale Senior Living

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.