Brookdale Senior Living Inc. (NYSE:BKD)’s share price hit a new 52-week low on Monday . The company traded as low as $10.40 and last traded at $10.35, with a volume of 1,665,680 shares. The stock had previously closed at $10.71.

A number of brokerages recently weighed in on BKD. Zacks Investment Research downgraded shares of Brookdale Senior Living from a “buy” rating to a “hold” rating in a report on Monday, July 10th. BidaskClub cut Brookdale Senior Living from a “hold” rating to a “sell” rating in a research note on Wednesday, July 19th. Stifel Nicolaus lowered their price objective on Brookdale Senior Living from $20.00 to $16.00 and set a “buy” rating on the stock in a research note on Tuesday, August 8th. ValuEngine cut Brookdale Senior Living from a “buy” rating to a “hold” rating in a research note on Monday, August 28th. Finally, Jefferies Group LLC restated a “buy” rating and issued a $15.50 price objective (down from $16.50) on shares of Brookdale Senior Living in a research note on Monday, October 2nd. Five research analysts have rated the stock with a sell rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $16.33.

The stock’s market cap is $1.92 billion. The stock’s 50 day moving average price is $11.38 and its 200 day moving average price is $13.10.

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

A number of large investors have recently made changes to their positions in the business. EP Wealth Advisors LLC purchased a new position in Brookdale Senior Living in the second quarter worth about $148,000. Dynamic Technology Lab Private Ltd boosted its position in Brookdale Senior Living by 43.2% in the second quarter. Dynamic Technology Lab Private Ltd now owns 18,616 shares of the company’s stock worth $273,000 after purchasing an additional 5,618 shares during the last quarter. Public Employees Retirement System of Ohio boosted its position in Brookdale Senior Living by 0.6% in the second quarter. Public Employees Retirement System of Ohio now owns 568,461 shares of the company’s stock worth $8,362,000 after purchasing an additional 3,662 shares during the last quarter. Nomura Holdings Inc. purchased a new position in Brookdale Senior Living in the second quarter worth about $432,000. Finally, Princeton Portfolio Strategies Group LLC boosted its position in Brookdale Senior Living by 3.7% in the second quarter. Princeton Portfolio Strategies Group LLC now owns 81,030 shares of the company’s stock worth $1,192,000 after purchasing an additional 2,894 shares during the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

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Brookdale Senior Living Company 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.

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