Brookdale Senior Living Inc. (NYSE:BKD) Shares Sold by Marshall Wace LLP

Marshall Wace LLP cut its holdings in shares of Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 36.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,782,597 shares of the company's stock after selling 1,017,267 shares during the period. Marshall Wace LLP owned 0.89% of Brookdale Senior Living worth $8,966,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in BKD. R Squared Ltd purchased a new stake in Brookdale Senior Living during the 4th quarter worth approximately $33,000. Cibc World Markets Corp acquired a new stake in shares of Brookdale Senior Living during the fourth quarter worth $90,000. Illumine Investment Management LLC purchased a new stake in shares of Brookdale Senior Living during the fourth quarter valued at $101,000. Optimize Financial Inc acquired a new position in shares of Brookdale Senior Living in the 4th quarter valued at $113,000. Finally, Retirement Income Solutions Inc acquired a new position in shares of Brookdale Senior Living in the 4th quarter valued at $114,000.

Brookdale Senior Living Stock Up 0.4 %

Shares of BKD opened at $5.90 on Wednesday. The stock's 50-day moving average price is $5.84 and its 200-day moving average price is $5.55. 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 company has a market capitalization of $1.18 billion, a price-to-earnings ratio of -6.62 and a beta of 0.87. Brookdale Senior Living Inc. has a 52 week low of $4.45 and a 52 week high of $8.12.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last issued its quarterly earnings data on Tuesday, February 18th. The company reported ($0.37) EPS for the quarter, missing analysts' consensus estimates 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 analyst estimates of $781.78 million. On average, sell-side analysts predict that Brookdale Senior Living Inc. will post -0.56 EPS for the current year.

Analyst Upgrades and Downgrades

BKD has been the topic of several research analyst reports. Barclays boosted their price target on Brookdale Senior Living from $7.00 to $7.50 and gave the company an "equal weight" rating in a research note on Wednesday, April 16th. Royal Bank of Canada reiterated an "outperform" rating and issued a $8.00 target price on shares of Brookdale Senior Living in a research report on Thursday, April 10th. Finally, Macquarie reiterated an "outperform" rating and issued a $8.00 price target on shares of Brookdale Senior Living in a report on Wednesday, March 12th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $7.50.

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.

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