Stevens Capital Management LP acquired a new position in shares of Brookdale Senior Living Inc. (NYSE:BKD) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 36,157 shares of the company’s stock, valued at approximately $383,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Nine Chapters Capital Management LLC purchased a new position in Brookdale Senior Living during the 3rd quarter worth $171,000. Canada Pension Plan Investment Board increased its holdings in Brookdale Senior Living by 3,384.5% during the 3rd quarter. Canada Pension Plan Investment Board now owns 1,080,200 shares of the company’s stock worth $11,450,000 after purchasing an additional 1,049,200 shares during the period. Eidelman Virant Capital purchased a new position in Brookdale Senior Living during the 3rd quarter worth $604,000. Lee Danner & Bass Inc. increased its holdings in Brookdale Senior Living by 3.2% during the 3rd quarter. Lee Danner & Bass Inc. now owns 950,377 shares of the company’s stock worth $10,074,000 after purchasing an additional 29,483 shares during the period. Finally, Nationwide Fund Advisors increased its holdings in Brookdale Senior Living by 268.9% during the 3rd quarter. Nationwide Fund Advisors now owns 299,739 shares of the company’s stock worth $3,177,000 after purchasing an additional 218,490 shares during the period. Institutional investors own 99.96% of the company’s stock.

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Several analysts have issued reports on BKD shares. Royal Bank Of Canada dropped their target price on Brookdale Senior Living from $16.00 to $13.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 8th. BidaskClub cut Brookdale Senior Living from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 12th. Stifel Nicolaus dropped their target price 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. Jefferies Group LLC set a $14.00 target price on Brookdale Senior Living and gave the company a “buy” rating in a research report on Friday, October 20th. Finally, ValuEngine cut Brookdale Senior Living from a “buy” rating to a “hold” rating in a research report on Monday, August 28th. Three equities research analysts have rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $15.30.

Shares of Brookdale Senior Living Inc. (BKD) opened at $10.42 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 3.23. Brookdale Senior Living Inc. has a 52-week low of $8.78 and a 52-week high of $16.31.

Brookdale Senior Living (NYSE:BKD) last announced its earnings results on Monday, November 6th. The company reported ($2.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.25) by ($1.97). The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.16 billion. Brookdale Senior Living had a negative net margin of 17.85% and a negative return on equity of 0.79%. The firm’s revenue was down 5.9% compared to the same quarter last year. During the same period last year, the business posted ($0.28) EPS. research analysts predict that Brookdale Senior Living Inc. will post -2.11 earnings per share for the current year.

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.

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

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