Edmond DE Rothschild Holding S.A. Purchases 1,043,920 Shares of Brookdale Senior Living Inc. (NYSE:BKD)

Edmond DE Rothschild Holding S.A. raised its stake in Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 18.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,792,160 shares of the company's stock after purchasing an additional 1,043,920 shares during the quarter. Edmond DE Rothschild Holding S.A. owned about 3.41% of Brookdale Senior Living worth $34,165,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Wellington Management Group LLP increased its holdings in Brookdale Senior Living by 26.7% in the 4th quarter. Wellington Management Group LLP now owns 9,916,049 shares of the company's stock valued at $49,878,000 after purchasing an additional 2,089,242 shares in the last quarter. ANTIPODES PARTNERS Ltd increased its holdings in Brookdale Senior Living by 86.5% in the fourth quarter. ANTIPODES PARTNERS Ltd now owns 7,560,262 shares of the company's stock valued at $38,031,000 after buying an additional 3,507,044 shares during the last quarter. Rush Island Management LP lifted 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 buying an additional 1,237,727 shares during the last quarter. Geode Capital Management LLC raised its position in shares of 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 acquiring an additional 89,344 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Brookdale Senior Living by 2.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,017,897 shares of the company's stock worth $15,180,000 after purchasing an additional 64,814 shares during the period.

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Brookdale Senior Living Price Performance

Shares of NYSE BKD traded down $0.25 during trading on Friday, hitting $6.02. The company had a trading volume of 2,376,586 shares, compared to its average volume of 2,234,399. Brookdale Senior Living Inc. has a 52 week low of $4.45 and a 52 week high of $8.12. The business's 50-day moving average is $5.51 and its 200 day moving average is $5.63. The company has a market cap of $1.20 billion, a P/E ratio of -6.76 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.

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Royal Bank of Canada reaffirmed an "outperform" rating and set a $8.00 price objective on shares of Brookdale Senior Living in a research report on Thursday, February 20th. Macquarie reaffirmed an "outperform" rating and set a $8.00 price target on shares of Brookdale Senior Living in a report on Wednesday, March 12th. Finally, Barclays started coverage on Brookdale Senior Living in a report on Tuesday. They issued an "equal weight" rating and a $7.00 price objective for the company. Two research 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. According to data from MarketBeat, Brookdale Senior Living has a consensus rating of "Hold" and a consensus target price of $7.40.

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.