Penn Capital Management Company LLC Grows Position in Brookdale Senior Living Inc. (NYSE:BKD)

Penn Capital Management Company LLC lifted its holdings in shares of Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 15.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,768,632 shares of the company's stock after buying an additional 233,158 shares during the quarter. Penn Capital Management Company LLC owned approximately 0.89% of Brookdale Senior Living worth $8,896,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. MetLife Investment Management LLC lifted its position in shares of Brookdale Senior Living by 1.8% in the fourth quarter. MetLife Investment Management LLC now owns 112,878 shares of the company's stock valued at $568,000 after acquiring an additional 1,953 shares in the last quarter. R Squared Ltd acquired a new stake in Brookdale Senior Living during the 4th quarter worth $33,000. Legal & General Group Plc grew its holdings in shares of Brookdale Senior Living by 4.7% during the fourth quarter. Legal & General Group Plc now owns 219,560 shares of the company's stock worth $1,104,000 after buying an additional 9,851 shares in the last quarter. Swiss National Bank raised its position in shares of Brookdale Senior Living by 2.9% in the fourth quarter. Swiss National Bank now owns 368,439 shares of the company's stock valued at $1,853,000 after buying an additional 10,500 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD lifted its stake in shares of Brookdale Senior Living by 10.5% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 139,571 shares of the company's stock worth $703,000 after buying an additional 13,225 shares in the last quarter.

Brookdale Senior Living Trading Up 1.3 %

BKD traded up $0.08 during mid-day trading on Monday, hitting $6.38. 2,663,992 shares of the stock were exchanged, compared to its average volume of 2,357,095. The company has a market cap of $1.28 billion, a PE ratio of -7.17 and a beta of 0.87. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 20.05. The firm's fifty day moving average is $5.89 and its two-hundred day moving average is $5.56. Brookdale Senior Living Inc. has a 1-year low of $4.45 and a 1-year high of $8.12.

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

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Royal Bank of Canada restated an "outperform" rating and set a $8.00 target price on shares of Brookdale Senior Living in a report on Thursday, April 10th. 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. Finally, Barclays boosted their target price on shares of Brookdale Senior Living from $7.00 to $7.50 and gave the company an "equal weight" rating in a report on Wednesday, April 16th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company currently 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.