Brookdale Senior Living Inc. (NYSE:BKD) Shares Bought by Sei Investments Co.

Sei Investments Co. lifted its stake in shares of Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 56.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 217,422 shares of the company's stock after acquiring an additional 78,714 shares during the period. Sei Investments Co. owned 0.11% of Brookdale Senior Living worth $1,094,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of BKD. R Squared Ltd purchased a new position in Brookdale Senior Living during the fourth quarter worth about $33,000. Cibc World Markets Corp acquired a new position in Brookdale Senior Living in the fourth quarter valued at approximately $90,000. Illumine Investment Management LLC acquired a new position in Brookdale Senior Living in the fourth quarter valued at approximately $101,000. Retirement Income Solutions Inc purchased a new position in Brookdale Senior Living in the fourth quarter worth approximately $114,000. Finally, SG Americas Securities LLC increased its stake in Brookdale Senior Living by 38.7% during the fourth quarter. SG Americas Securities LLC now owns 59,703 shares of the company's stock worth $300,000 after acquiring an additional 16,650 shares during the last quarter.

Brookdale Senior Living Stock Down 1.8 %

Shares of BKD stock traded down $0.11 during trading on Friday, reaching $5.73. The company's stock had a trading volume of 2,927,611 shares, compared to its average volume of 2,287,425. The company has a market capitalization of $1.15 billion, a price-to-earnings ratio of -6.43 and a beta of 0.87. Brookdale Senior Living Inc. has a 1-year low of $4.45 and a 1-year high of $8.12. The company has a debt-to-equity ratio of 20.05, a current ratio of 0.88 and a quick ratio of 0.88. The stock's 50-day moving average price is $5.64 and its 200 day moving average price is $5.57.

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Brookdale Senior Living (NYSE:BKD - Get Free Report) last released 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). The company had revenue of $780.95 million for the quarter, compared to analyst estimates of $781.78 million. Brookdale Senior Living had a negative return on equity of 65.92% and a negative net margin of 6.46%. On average, research analysts anticipate that Brookdale Senior Living Inc. will post -0.56 EPS for the current year.

Wall Street Analyst Weigh In

BKD has been the topic of several recent analyst reports. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $8.00 price target on shares of Brookdale Senior Living in a research note on Thursday. Macquarie reaffirmed an "outperform" rating and issued a $8.00 target price on shares of Brookdale Senior Living in a research report on Wednesday, March 12th. Finally, Barclays began coverage on shares of Brookdale Senior Living in a research report on Tuesday, April 1st. They set an "equal weight" rating and a $7.00 price target for the company. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $7.40.

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.