AQR Capital Management LLC Has $1.28 Million Stock Position in Brookdale Senior Living Inc. (NYSE:BKD)

AQR Capital Management LLC raised its position in shares of Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 328.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 186,871 shares of the company's stock after purchasing an additional 143,262 shares during the quarter. AQR Capital Management LLC owned 0.10% of Brookdale Senior Living worth $1,276,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Wellington Management Group LLP acquired a new position in Brookdale Senior Living in the 4th quarter valued at approximately $28,961,000. Assenagon Asset Management S.A. purchased a new position in shares of Brookdale Senior Living during the 2nd quarter valued at $9,603,000. Hennessy Advisors Inc. acquired a new position in shares of Brookdale Senior Living in the second quarter worth $8,513,000. American Century Companies Inc. raised its holdings in shares of Brookdale Senior Living by 63.6% during the second quarter. American Century Companies Inc. now owns 3,159,898 shares of the company's stock worth $21,582,000 after acquiring an additional 1,228,473 shares in the last quarter. Finally, Iron Triangle Partners LP boosted its position in Brookdale Senior Living by 21.4% during the first quarter. Iron Triangle Partners LP now owns 5,897,960 shares of the company's stock valued at $38,986,000 after purchasing an additional 1,038,353 shares during the last quarter.

Brookdale Senior Living Stock Performance

BKD traded up $0.10 on Friday, hitting $5.91. The company had a trading volume of 2,102,265 shares, compared to its average volume of 2,048,505. The stock has a market cap of $1.14 billion, a price-to-earnings ratio of -7.68 and a beta of 1.31. The company has a debt-to-equity ratio of 11.21, a current ratio of 0.79 and a quick ratio of 0.79. The company's fifty day moving average price is $6.78 and its 200 day moving average price is $6.89. Brookdale Senior Living Inc. has a 1-year low of $3.66 and a 1-year high of $8.12.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The company reported ($0.17) earnings per share for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.04). Brookdale Senior Living had a negative return on equity of 51.31% and a negative net margin of 6.75%. The firm had revenue of $777.54 million during the quarter. During the same period last year, the firm earned ($0.15) EPS. Equities analysts predict that Brookdale Senior Living Inc. will post -0.57 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on BKD shares. Bank of America lowered Brookdale Senior Living from a "neutral" rating to an "underperform" rating and dropped their target price for the stock from $7.75 to $6.00 in a research report on Monday. Macquarie reissued an "outperform" rating and issued a $8.00 target price on shares of Brookdale Senior Living in a research report on Wednesday. Finally, Royal Bank of Canada restated an "outperform" rating and set a $9.00 price target on shares of Brookdale Senior Living in a report on Wednesday. Two equities research analysts have rated the stock with a sell rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $7.67.

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.