Macquarie Group Ltd. increased its holdings in Brookdale Senior Living Inc. (NYSE:BKD) by 44.8% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,835,350 shares of the company’s stock after buying an additional 1,185,821 shares during the period. Macquarie Group Ltd. owned 2.06% of Brookdale Senior Living worth $56,418,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of BKD. Harvest Fund Management Co. Ltd purchased a new stake in shares of Brookdale Senior Living in the second quarter worth $101,000. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Brookdale Senior Living by 12.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,943 shares of the company’s stock worth $102,000 after buying an additional 761 shares in the last quarter. Opera Trading Capital purchased a new stake in shares of Brookdale Senior Living in the second quarter worth $110,000. Oppenheimer Asset Management Inc. purchased a new stake in shares of Brookdale Senior Living in the first quarter worth $159,000. Finally, Quantitative Systematic Strategies LLC purchased a new stake in shares of Brookdale Senior Living in the second quarter worth $169,000. Institutional investors own 99.71% of the company’s stock.

Brookdale Senior Living Inc. (NYSE BKD) traded down 0.696% during midday trading on Friday, reaching $10.695. The company’s stock had a trading volume of 129,345 shares. The firm’s market cap is $1.99 billion. The firm has a 50 day moving average price of $11.42 and a 200 day moving average price of $13.12. Brookdale Senior Living Inc. has a one year low of $10.54 and a one year high of $16.45.

Brookdale Senior Living (NYSE:BKD) last released its quarterly earnings data on Monday, August 7th. The company reported ($0.23) EPS for the quarter, missing the 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 company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same period last year, the company earned ($0.19) EPS. The firm’s revenue for the quarter was down 5.7% on a year-over-year basis. Equities research analysts forecast that Brookdale Senior Living Inc. will post $1.80 EPS for the current fiscal year.

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A number of equities research analysts recently issued reports on BKD shares. ValuEngine downgraded Brookdale Senior Living from a “hold” rating to a “sell” rating in a research report on Sunday, September 3rd. BidaskClub downgraded Brookdale Senior Living from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Jefferies Group LLC restated a “buy” rating and set a $16.50 price target on shares of Brookdale Senior Living in a research report on Friday, July 14th. Zacks Investment Research upgraded Brookdale Senior Living from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a research report on Monday, July 3rd. Finally, Stifel Nicolaus lowered their price target on Brookdale Senior Living from $20.00 to $16.00 and set a “buy” rating on the stock in a research report on Tuesday, August 8th. Five analysts have rated the stock with a sell rating and four have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $16.33.

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

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