Brookdale Senior Living, Inc. (NYSE:BKD) saw a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 16,384,702 shares, a growth of 37.7% from the January 12th total of 11,894,542 shares. Approximately 8.9% of the company’s stock are short sold. Based on an average daily volume of 2,719,867 shares, the days-to-cover ratio is currently 6.0 days.

Shares of Brookdale Senior Living (BKD) traded down $0.17 during midday trading on Wednesday, hitting $9.24. 1,729,937 shares of the stock were exchanged, compared to its average volume of 2,855,140. The company has a debt-to-equity ratio of 3.23, a quick ratio of 0.83 and a current ratio of 0.83. The stock has a market cap of $1,770.71, a P/E ratio of -2.02 and a beta of 1.64. Brookdale Senior Living has a 12-month low of $8.78 and a 12-month high of $16.23.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Merriman Wealth Management LLC purchased a new stake in shares of Brookdale Senior Living during the 3rd quarter valued at about $108,000. Dorsey & Whitney Trust CO LLC purchased a new stake in shares of Brookdale Senior Living during the 3rd quarter valued at about $122,000. EP Wealth Advisors LLC purchased a new stake in shares of Brookdale Senior Living during the 2nd quarter valued at about $148,000. State of Alaska Department of Revenue purchased a new stake in shares of Brookdale Senior Living during the 4th quarter valued at about $148,000. Finally, Two Sigma Securities LLC purchased a new stake in shares of Brookdale Senior Living during the 4th quarter valued at about $155,000. 99.18% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts recently commented on BKD shares. Stifel Nicolaus cut their price objective on shares of Brookdale Senior Living from $16.00 to $14.00 and set a “buy” rating on the stock in a research report on Tuesday, November 7th. Jefferies Group set a $14.00 price objective on shares of Brookdale Senior Living and gave the company a “buy” rating in a research report on Friday, October 20th. Stephens set a $16.00 price objective on shares of Brookdale Senior Living and gave the company a “buy” rating in a research report on Monday, November 20th. Zacks Investment Research raised shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a research report on Wednesday, January 31st. Finally, Royal Bank of Canada cut their price objective on shares of 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. Three investment analysts have rated the stock with a sell rating and four have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $14.60.

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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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