State Board of Administration of Florida Retirement System increased its stake in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 4.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 236,650 shares of the company’s stock after buying an additional 9,915 shares during the quarter. State Board of Administration of Florida Retirement System owned about 0.13% of Brookdale Senior Living worth $3,481,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of BKD. State of New Jersey Common Pension Fund D grew its stake in Brookdale Senior Living by 6.8% during the 1st quarter. State of New Jersey Common Pension Fund D now owns 156,000 shares of the company’s stock worth $2,095,000 after buying an additional 10,000 shares during the last quarter. First Trust Advisors LP grew its stake in Brookdale Senior Living by 387.6% during the 1st quarter. First Trust Advisors LP now owns 1,449,308 shares of the company’s stock worth $19,464,000 after buying an additional 1,152,060 shares during the last quarter. Swiss National Bank grew its stake in Brookdale Senior Living by 2.0% during the 1st quarter. Swiss National Bank now owns 306,239 shares of the company’s stock worth $4,113,000 after buying an additional 5,900 shares during the last quarter. UBS Asset Management Americas Inc. grew its stake in Brookdale Senior Living by 19.1% during the 1st quarter. UBS Asset Management Americas Inc. now owns 146,754 shares of the company’s stock worth $1,971,000 after buying an additional 23,484 shares during the last quarter. Finally, Karp Capital Management Corp bought a new position in Brookdale Senior Living during the 1st quarter worth $364,000. Hedge funds and other institutional investors own 99.66% of the company’s stock.

Brookdale Senior Living Inc. (NYSE:BKD) opened at 11.48 on Friday. The stock has a 50 day moving average price of $12.61 and a 200 day moving average price of $13.43. The company’s market cap is $2.14 billion. Brookdale Senior Living Inc. has a 1-year low of $10.65 and a 1-year high of $18.34.

Brookdale Senior Living (NYSE:BKD) last issued its quarterly earnings data on Monday, August 7th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.56 by $0.79. Brookdale Senior Living had a negative net margin of 10.14% and a positive return on equity of 6.00%. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter in the previous year, the firm posted ($0.19) EPS. The company’s revenue for the quarter was down 5.7% compared to the same quarter last year. Equities analysts forecast that Brookdale Senior Living Inc. will post $1.80 earnings per share for the current year.

A number of research analysts recently commented on BKD shares. Stifel Nicolaus lowered their price objective on Brookdale Senior Living from $20.00 to $16.00 and set a “buy” rating for the company in a research note on Tuesday, August 8th. Zacks Investment Research upgraded Brookdale Senior Living from a “hold” rating to a “buy” rating and set a $16.00 price objective for the company in a research note on Monday, July 3rd. Jefferies Group LLC restated a “buy” rating and set a $16.50 price objective on shares of Brookdale Senior Living in a research note on Friday, July 14th. ValuEngine downgraded Brookdale Senior Living from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Finally, BidaskClub downgraded Brookdale Senior Living from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Five research analysts have rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $16.50.

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Brookdale Senior Living Profile

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.

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

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