Brookdale Senior Living Inc. (NYSE:BKD) Receives Consensus Rating of "Hold" from Analysts

Shares of Brookdale Senior Living Inc. (NYSE:BKD - Get Free Report) have earned an average recommendation of "Hold" from the five brokerages that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $7.40.

Several brokerages have recently weighed in on BKD. Barclays initiated coverage on Brookdale Senior Living in a report on Tuesday. They issued an "equal weight" rating and a $7.00 price target on the stock. Macquarie reiterated an "outperform" rating and set a $8.00 target price on shares of Brookdale Senior Living in a research report on Wednesday, March 12th. Finally, Royal Bank of Canada reiterated an "outperform" rating and issued a $8.00 price target on shares of Brookdale Senior Living in a report on Thursday, February 20th.

Institutional Trading of Brookdale Senior Living

Hedge funds have recently bought and sold shares of the stock. Principal Financial Group Inc. increased its holdings in shares of Brookdale Senior Living by 449.5% in the 3rd quarter. Principal Financial Group Inc. now owns 136,531 shares of the company's stock valued at $927,000 after acquiring an additional 111,686 shares during the period. Teachers Retirement System of The State of Kentucky purchased a new position in Brookdale Senior Living in the third quarter valued at about $1,775,000. Hedges Asset Management LLC raised its holdings in Brookdale Senior Living by 28.0% in the fourth quarter. Hedges Asset Management LLC now owns 265,000 shares of the company's stock worth $1,333,000 after purchasing an additional 58,000 shares in the last quarter. Hennessy Advisors Inc. raised its holdings in Brookdale Senior Living by 6.8% in the fourth quarter. Hennessy Advisors Inc. now owns 1,499,600 shares of the company's stock worth $7,543,000 after purchasing an additional 95,700 shares in the last quarter. Finally, Anson Funds Management LP lifted its position in shares of Brookdale Senior Living by 261.6% during the third quarter. Anson Funds Management LP now owns 452,000 shares of the company's stock valued at $3,069,000 after buying an additional 327,000 shares during the last quarter.

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Brookdale Senior Living Trading Down 7.2 %

NYSE BKD traded down $0.45 on Tuesday, hitting $5.81. 5,781,973 shares of the stock were exchanged, compared to its average volume of 2,250,618. Brookdale Senior Living has a 52-week low of $4.45 and a 52-week high of $8.12. The firm has a market capitalization of $1.16 billion, a P/E ratio of -6.53 and a beta of 1.31. The company has a debt-to-equity ratio of 20.05, a quick ratio of 0.88 and a current ratio of 0.88. The stock has a fifty day moving average price of $5.53 and a two-hundred day moving average price of $5.62.

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

Brookdale Senior Living Company Profile

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.