Brookdale Senior Living Inc. (NYSE:BKD) Short Interest Update

Brookdale Senior Living Inc. (NYSE:BKD - Get Free Report) was the target of a large decrease in short interest in the month of March. As of March 31st, there was short interest totalling 7,940,000 shares, a decrease of 15.4% from the March 15th total of 9,390,000 shares. Based on an average daily trading volume, of 2,930,000 shares, the short-interest ratio is presently 2.7 days. Approximately 4.5% of the shares of the company are short sold.

Hedge Funds Weigh In On Brookdale Senior Living

Several institutional investors and hedge funds have recently modified their holdings of BKD. MetLife Investment Management LLC grew its holdings in shares of Brookdale Senior Living by 1.8% during the 4th quarter. MetLife Investment Management LLC now owns 112,878 shares of the company's stock worth $568,000 after purchasing an additional 1,953 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Brookdale Senior Living by 2.1% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 134,060 shares of the company's stock valued at $674,000 after buying an additional 2,821 shares in the last quarter. Rhumbline Advisers boosted its position in shares of Brookdale Senior Living by 2.2% during the 1st quarter. Rhumbline Advisers now owns 280,596 shares of the company's stock worth $1,757,000 after acquiring an additional 5,949 shares in the last quarter. R Squared Ltd bought a new position in shares of Brookdale Senior Living in the 4th quarter valued at $33,000. Finally, GAMMA Investing LLC raised its stake in Brookdale Senior Living by 1,999.4% during the first quarter. GAMMA Investing LLC now owns 7,180 shares of the company's stock worth $45,000 after acquiring an additional 6,838 shares in the last quarter.

Brookdale Senior Living Stock Performance

Shares of Brookdale Senior Living stock traded up $0.06 during trading on Friday, hitting $6.30. 1,844,570 shares of the stock were exchanged, compared to its average volume of 2,951,061. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 20.05. Brookdale Senior Living has a 1-year low of $4.45 and a 1-year high of $8.12. The company has a fifty day moving average price of $5.87 and a 200-day moving average price of $5.55. The stock has a market capitalization of $1.26 billion, a price-to-earnings ratio of -7.08 and a beta of 0.87.

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

Analyst Upgrades and Downgrades

Several brokerages have issued reports on BKD. Macquarie reissued an "outperform" rating and issued a $8.00 price target on shares of Brookdale Senior Living in a report on Wednesday, March 12th. Barclays boosted their price objective on Brookdale Senior Living from $7.00 to $7.50 and gave the company an "equal weight" rating in a research report on Wednesday, April 16th. Finally, 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, April 10th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average 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.