Brookdale Senior Living Inc. (NYSE:BKD) Shares Sold by Victory Capital Management Inc.

Victory Capital Management Inc. reduced its stake in Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 4.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,629,054 shares of the company's stock after selling 136,536 shares during the quarter. Victory Capital Management Inc. owned approximately 1.32% of Brookdale Senior Living worth $13,224,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of BKD. Adelante Capital Management LLC acquired a new stake in shares of Brookdale Senior Living during the 3rd quarter worth approximately $12,076,000. Rush Island Management LP grew its position in Brookdale Senior Living by 31.9% in the third quarter. Rush Island Management LP now owns 5,116,632 shares of the company's stock worth $34,742,000 after acquiring an additional 1,237,727 shares during the period. Wellington Management Group LLP increased its stake in Brookdale Senior Living by 11.4% during the third quarter. Wellington Management Group LLP now owns 7,826,807 shares of the company's stock worth $53,144,000 after acquiring an additional 799,744 shares during the last quarter. Vision Capital Corp increased its stake in Brookdale Senior Living by 27.8% during the third quarter. Vision Capital Corp now owns 1,838,440 shares of the company's stock worth $12,483,000 after acquiring an additional 400,000 shares during the last quarter. Finally, Anson Funds Management LP raised its position in Brookdale Senior Living by 261.6% in the third quarter. Anson Funds Management LP now owns 452,000 shares of the company's stock valued at $3,069,000 after purchasing an additional 327,000 shares during the period.

Brookdale Senior Living Stock Performance

Shares of BKD stock opened at $5.69 on Thursday. Brookdale Senior Living Inc. has a 52 week low of $4.45 and a 52 week high of $8.12. The stock has a market capitalization of $1.14 billion, a PE ratio of -6.39 and a beta of 1.31. 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 firm has a 50 day moving average of $5.14 and a two-hundred day moving average of $5.72.

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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). Brookdale Senior Living had a negative net margin of 6.46% and a negative return on equity of 65.92%. The company had revenue of $780.95 million during the quarter, compared to analysts' expectations of $781.78 million. On average, research analysts predict that Brookdale Senior Living Inc. will post -0.56 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on BKD shares. Macquarie reiterated an "outperform" rating and set a $8.00 price target on shares of Brookdale Senior Living in a report on Wednesday. Royal Bank of Canada reissued an "outperform" rating and issued a $8.00 target price on shares of Brookdale Senior Living in a research report on Thursday, February 20th. Two equities research analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. According to data from MarketBeat, Brookdale Senior Living currently has a consensus rating of "Hold" and a consensus target price of $7.50.

Brookdale Senior Living 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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