Prescott Group Capital Management L.L.C. Purchases 170,000 Shares of Brookdale Senior Living Inc. (NYSE:BKD)

Prescott Group Capital Management L.L.C. increased its stake in shares of Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 23.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 894,912 shares of the company's stock after purchasing an additional 170,000 shares during the period. Prescott Group Capital Management L.L.C. owned approximately 0.45% of Brookdale Senior Living worth $4,501,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in BKD. Principal Financial Group Inc. grew its position in Brookdale Senior Living by 449.5% during the third quarter. Principal Financial Group Inc. now owns 136,531 shares of the company's stock valued at $927,000 after buying an additional 111,686 shares during the period. Teachers Retirement System of The State of Kentucky bought a new stake in Brookdale Senior Living during the third quarter valued at approximately $1,775,000. Vision Capital Corp grew its position in Brookdale Senior Living by 27.8% during the third quarter. Vision Capital Corp now owns 1,838,440 shares of the company's stock valued at $12,483,000 after buying an additional 400,000 shares during the period. Hedges Asset Management LLC grew its position in Brookdale Senior Living by 28.0% during the fourth quarter. Hedges Asset Management LLC now owns 265,000 shares of the company's stock valued at $1,333,000 after buying an additional 58,000 shares during the period. Finally, Hennessy Advisors Inc. boosted its position in shares of Brookdale Senior Living by 6.8% in the fourth quarter. Hennessy Advisors Inc. now owns 1,499,600 shares of the company's stock worth $7,543,000 after purchasing an additional 95,700 shares during the period.

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Brookdale Senior Living Price Performance

Shares of NYSE:BKD traded down $0.06 during midday trading on Friday, reaching $5.76. 2,079,523 shares of the company were exchanged, compared to its average volume of 2,572,271. 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 business's fifty day moving average is $5.12 and its two-hundred day moving average is $5.75. Brookdale Senior Living Inc. has a one year low of $4.45 and a one year high of $8.12. The stock has a market cap of $1.15 billion, a PE ratio of -6.47 and a beta of 1.31.

Brookdale Senior Living (NYSE:BKD - Get Free Report) last issued its earnings results on Tuesday, February 18th. The company reported ($0.37) earnings per share for the quarter, missing analysts' consensus estimates 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 the consensus estimate of $781.78 million. As a group, analysts predict that Brookdale Senior Living Inc. will post -0.56 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms have weighed in on BKD. Royal Bank of Canada reiterated an "outperform" rating and issued a $8.00 price target on shares of Brookdale Senior Living in a research report on Thursday, February 20th. Macquarie reiterated an "outperform" rating and issued a $8.00 price target on shares of Brookdale Senior Living in a research report on Friday, December 20th. Two research analysts have rated the stock with a sell rating and three have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $7.50.

Brookdale Senior Living 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.