Brookdale Senior Living Inc. (NYSE:BKD) Shares Acquired by Anson Funds Management LP

Anson Funds Management LP increased its position in shares of Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 261.6% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 452,000 shares of the company's stock after purchasing an additional 327,000 shares during the quarter. Anson Funds Management LP owned 0.23% of Brookdale Senior Living worth $3,069,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of BKD. Wellington Management Group LLP raised its stake in shares of 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 buying an additional 799,744 shares during the last quarter. Rush Island Management LP increased 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 valued at $34,742,000 after acquiring an additional 1,237,727 shares in the last quarter. American Century Companies Inc. raised its position in Brookdale Senior Living by 63.6% during the second quarter. American Century Companies Inc. now owns 3,159,898 shares of the company's stock worth $21,582,000 after acquiring an additional 1,228,473 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Brookdale Senior Living by 5.5% in the third 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 in the last quarter. Finally, Marshall Wace LLP lifted its holdings in shares of Brookdale Senior Living by 35.4% in the second quarter. Marshall Wace LLP now owns 1,936,781 shares of the company's stock valued at $13,228,000 after purchasing an additional 506,114 shares in the last quarter.

Analysts Set New Price Targets

BKD has been the subject of a number of recent research reports. Jefferies Financial Group assumed coverage on shares of Brookdale Senior Living in a research note on Wednesday, October 16th. They set a "buy" rating and a $8.00 price objective for the company. Bank of America downgraded Brookdale Senior Living from a "neutral" rating to an "underperform" rating and dropped their price target for the stock from $7.75 to $6.00 in a research report on Monday, October 7th. Royal Bank of Canada restated an "outperform" rating and issued a $9.00 price objective on shares of Brookdale Senior Living in a research report on Wednesday, October 9th. Finally, Macquarie reaffirmed an "outperform" rating and set a $8.00 price objective on shares of Brookdale Senior Living in a research note on Wednesday, October 9th. Two investment analysts have rated the stock with a sell rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $7.75.

Insiders Place Their Bets

In other news, Director Lee S. Wielansky sold 10,000 shares of the business's stock in a transaction dated Thursday, December 5th. The stock was sold at an average price of $5.62, for a total transaction of $56,200.00. Following the completion of the sale, the director now owns 211,382 shares in the company, valued at approximately $1,187,966.84. The trade was a 4.52 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.80% of the stock is currently owned by insiders.

Brookdale Senior Living Trading Down 0.9 %

Brookdale Senior Living stock traded down $0.05 during trading on Friday, hitting $5.55. The company's stock had a trading volume of 1,639,162 shares, compared to its average volume of 1,971,625. The stock's fifty day moving average is $5.91 and its 200 day moving average is $6.62. Brookdale Senior Living Inc. has a 1-year low of $5.08 and a 1-year high of $8.12. The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of -6.03 and a beta of 1.29. The company has a debt-to-equity ratio of 14.46, a quick ratio of 0.81 and a current ratio of 0.81.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The company reported ($0.22) EPS for the quarter, missing analysts' consensus estimates of ($0.16) by ($0.06). Brookdale Senior Living had a negative net margin of 6.75% and a negative return on equity of 59.06%. The company had revenue of $784.17 million for the quarter, compared to analyst estimates of $785.61 million. During the same period in the prior year, the company earned ($0.22) EPS. As a group, equities research analysts predict that Brookdale Senior Living Inc. will post -0.7 EPS for the current year.

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.