Vanguard Group Inc. Has $97.26 Million Holdings in Brookdale Senior Living Inc. (NYSE:BKD)

Vanguard Group Inc. boosted its stake in Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 0.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,335,114 shares of the company's stock after acquiring an additional 45,559 shares during the quarter. Vanguard Group Inc. owned 9.71% of Brookdale Senior Living worth $97,256,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. KLP Kapitalforvaltning AS acquired a new position in shares of Brookdale Senior Living during the fourth quarter worth about $165,000. Sei Investments Co. boosted its position in Brookdale Senior Living by 56.7% during the 4th quarter. Sei Investments Co. now owns 217,422 shares of the company's stock worth $1,094,000 after acquiring an additional 78,714 shares during the last quarter. Intech Investment Management LLC grew its stake in shares of Brookdale Senior Living by 87.4% during the 4th quarter. Intech Investment Management LLC now owns 112,746 shares of the company's stock worth $567,000 after acquiring an additional 52,587 shares in the last quarter. Cibc World Markets Corp bought a new position in shares of Brookdale Senior Living during the 4th quarter worth approximately $90,000. Finally, First Eagle Investment Management LLC raised its holdings in shares of Brookdale Senior Living by 40.8% in the fourth quarter. First Eagle Investment Management LLC now owns 1,640,886 shares of the company's stock valued at $8,254,000 after purchasing an additional 475,268 shares during the last quarter.

Brookdale Senior Living Stock Performance

NYSE BKD traded up $0.02 during trading on Tuesday, reaching $6.26. 537,055 shares of the company's stock were exchanged, compared to its average volume of 2,881,849. The business has a 50 day moving average price of $5.67 and a 200-day moving average price of $5.56. 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 has a market capitalization of $1.25 billion, a P/E ratio of -7.03 and a beta of 0.87. Brookdale Senior Living Inc. has a fifty-two week low of $4.45 and a fifty-two week high of $8.12.

Remove Ads

Brookdale Senior Living (NYSE:BKD - Get Free Report) last issued its quarterly earnings results 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). Brookdale Senior Living had a negative net margin of 6.46% and a negative return on equity of 65.92%. The company had revenue of $780.95 million during the quarter, compared to the consensus estimate of $781.78 million. Sell-side analysts forecast that Brookdale Senior Living Inc. will post -0.56 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on BKD shares. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $8.00 target price on shares of Brookdale Senior Living in a research report on Thursday, April 10th. Barclays began coverage on Brookdale Senior Living in a report on Tuesday, April 1st. They issued an "equal weight" rating and a $7.00 price objective for the company. Finally, 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. 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 company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus 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.