Mitsubishi UFJ Trust & Banking Corp bought a new stake in Brookdale Senior Living Inc. (NYSE:BKD) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 297,500 shares of the company’s stock, valued at approximately $3,995,000. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.16% of Brookdale Senior Living as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Terra Nova Asset Management LLC acquired a new stake in Brookdale Senior Living during the first quarter valued at approximately $134,000. Highbridge Capital Management LLC acquired a new position in shares of Brookdale Senior Living during the fourth quarter worth approximately $148,000. Guggenheim Capital LLC raised its stake in Brookdale Senior Living by 3.9% in the fourth quarter. Guggenheim Capital LLC now owns 14,274 shares of the company’s stock worth $177,000 after buying an additional 530 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in Brookdale Senior Living during the fourth quarter worth $185,000. Finally, Appleton Partners Inc. MA purchased a new stake in Brookdale Senior Living during the first quarter worth $197,000.

Institutional Ownership by Quarter for Brookdale Senior Living (NYSE:BKD)

Shares of Brookdale Senior Living Inc. (BKD) opened at 15.16 on Friday. The firm’s market capitalization is $2.82 billion. Brookdale Senior Living Inc. has a 52 week low of $10.65 and a 52 week high of $18.62. The stock has a 50 day moving average of $14.02 and a 200-day moving average of $13.70.

Brookdale Senior Living (NYSE:BKD) last released its quarterly earnings data on Monday, May 8th. The company reported ($0.05) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.12) by $0.07. The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.21 billion. Brookdale Senior Living had a positive return on equity of 13.22% and a negative net margin of 9.77%. The company’s quarterly revenue was down 3.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.58 earnings per share. Equities analysts anticipate that Brookdale Senior Living Inc. will post $1.80 earnings per share for the current fiscal year.

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Several research analysts have weighed in on the stock. ValuEngine lowered shares of Brookdale Senior Living from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Zacks Investment Research upgraded shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a research report on Thursday, May 11th. Finally, Jefferies Group LLC reiterated a “buy” rating on shares of Brookdale Senior Living in a research report on Tuesday, May 2nd. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $19.29.

About Brookdale Senior Living

Brookdale Senior Living Inc operates senior living communities in the United States. The Company operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). It operates through five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services and Management Services.

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