Brookdale Senior Living Inc. (NYSE:BKD) Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its stake in Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 2.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,017,897 shares of the company's stock after buying an additional 64,814 shares during the period. Charles Schwab Investment Management Inc. owned 1.51% of Brookdale Senior Living worth $15,180,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. R Squared Ltd acquired a new stake in Brookdale Senior Living during the 4th quarter worth $33,000. Illumine Investment Management LLC acquired a new stake in shares of Brookdale Senior Living during the fourth quarter worth about $101,000. Quest Partners LLC acquired a new position in Brookdale Senior Living in the 3rd quarter valued at about $104,000. Retirement Income Solutions Inc purchased a new stake in Brookdale Senior Living during the 4th quarter valued at approximately $114,000. Finally, Quantbot Technologies LP acquired a new stake in Brookdale Senior Living during the 3rd quarter worth approximately $218,000.

Wall Street Analyst Weigh In

BKD has been the subject of several analyst reports. Royal Bank of Canada restated an "outperform" rating and set a $8.00 price target on shares of Brookdale Senior Living in a research note on Thursday, February 20th. Macquarie restated an "outperform" rating and set a $8.00 price objective on shares of Brookdale Senior Living in a research report on Wednesday, March 12th. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $7.50.

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Brookdale Senior Living Price Performance

Shares of Brookdale Senior Living stock traded up $0.03 during trading on Monday, reaching $6.05. The company's stock had a trading volume of 1,442,070 shares, compared to its average volume of 2,097,690. The business has a 50 day moving average price of $5.31 and a 200-day moving average price of $5.65. Brookdale Senior Living Inc. has a 12-month low of $4.45 and a 12-month high of $8.12. The company has a market capitalization of $1.21 billion, a P/E ratio of -6.79 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.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last issued 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). Brookdale Senior Living had a negative return on equity of 65.92% and a negative net margin of 6.46%. The company had revenue of $780.95 million for the quarter, compared to analysts' expectations of $781.78 million. As a group, sell-side analysts anticipate that Brookdale Senior Living Inc. will post -0.56 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.