XTX Topco Ltd Purchases 75,180 Shares of Brookdale Senior Living Inc. (NYSE:BKD)

XTX Topco Ltd increased its stake in Brookdale Senior Living Inc. (NYSE:BKD - Free Report) by 99.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 150,404 shares of the company's stock after purchasing an additional 75,180 shares during the quarter. XTX Topco Ltd owned approximately 0.08% of Brookdale Senior Living worth $757,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. R Squared Ltd bought a new stake in shares of Brookdale Senior Living in the 4th quarter worth approximately $33,000. Cibc World Markets Corp bought a new stake in shares of Brookdale Senior Living in the 4th quarter worth approximately $90,000. Illumine Investment Management LLC bought a new stake in shares of Brookdale Senior Living in the 4th quarter worth approximately $101,000. Optimize Financial Inc bought a new stake in Brookdale Senior Living during the 4th quarter valued at $113,000. Finally, Retirement Income Solutions Inc bought a new stake in Brookdale Senior Living during the 4th quarter valued at $114,000.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. 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. Macquarie reissued an "outperform" rating and set a $8.00 target price on shares of Brookdale Senior Living in a report on Wednesday, March 12th. Finally, Royal Bank of Canada reissued an "outperform" rating and set a $8.00 target price on shares of Brookdale Senior Living in a report on Thursday, April 10th. Two 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 stock currently has a consensus rating of "Hold" and an average target price of $7.50.

Brookdale Senior Living Price Performance

Shares of BKD traded up $0.30 during mid-day trading on Wednesday, reaching $6.18. 764,247 shares of the stock traded hands, compared to its average volume of 2,930,777. The firm has a fifty day moving average price of $5.84 and a 200 day moving average price of $5.55. The company has a market cap of $1.24 billion, a price-to-earnings ratio of -6.94 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. 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 released its quarterly earnings results on Tuesday, February 18th. The company reported ($0.37) EPS for the quarter, missing analysts' consensus estimates of ($0.16) by ($0.21). The firm had revenue of $780.95 million for 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%. As a group, equities research analysts predict that Brookdale Senior Living Inc. will post -0.56 earnings per share for the current year.

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.