Brookdale Senior Living Inc. (NYSE:BKD - Get Free Report)'s stock price reached a new 52-week low during trading on Monday . The company traded as low as $4.46 and last traded at $4.46, with a volume of 69643 shares traded. The stock had previously closed at $4.55.
Wall Street Analyst Weigh In
Several research firms have weighed in on BKD. Macquarie restated an "outperform" rating and set a $8.00 target price on shares of Brookdale Senior Living in a report on Friday, December 20th. Royal Bank of Canada restated an "outperform" rating and issued a $8.00 target price on shares of Brookdale Senior Living in a report on Friday, December 20th. Finally, Jefferies Financial Group assumed coverage on Brookdale Senior Living in a research report on Wednesday, October 16th. They set a "buy" rating and a $8.00 target price for the company. Two research analysts have rated the stock with a sell rating and three have given a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $7.50.
Check Out Our Latest Analysis on BKD
Brookdale Senior Living Stock Up 7.6 %
The firm has a 50-day moving average of $5.00 and a two-hundred day moving average of $5.94. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of -5.77 and a beta of 1.29. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 14.46.
Insider Transactions at Brookdale Senior Living
In related news, Director Lee S. Wielansky sold 10,000 shares of Brookdale Senior Living 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 sale, the director now directly owns 211,382 shares of the company's stock, valued at $1,187,966.84. This trade represents a 4.52 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 1.80% of the company's stock.
Institutional Trading of Brookdale Senior Living
Hedge funds have recently modified their holdings of the company. R Squared Ltd bought a new position in Brookdale Senior Living in the fourth quarter worth $33,000. Cibc World Markets Corp bought a new position in shares of Brookdale Senior Living during the 4th quarter worth about $90,000. Illumine Investment Management LLC acquired a new stake in shares of Brookdale Senior Living during the 4th quarter valued at about $101,000. Quest Partners LLC bought a new stake in Brookdale Senior Living in the third quarter valued at about $104,000. Finally, Optimize Financial Inc bought a new stake in Brookdale Senior Living in the fourth quarter valued at about $113,000.
About Brookdale Senior Living
(
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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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