Brookdale Senior Living (NYSE:BKD) had its price objective lowered by Stifel Nicolaus from $9.00 to $8.00 in a research report sent to investors on Tuesday, Marketbeat.com reports. Stifel Nicolaus currently has a hold rating on the stock.

Several other research firms have also recently weighed in on BKD. Zacks Investment Research cut shares of Brookdale Senior Living from a strong-buy rating to a hold rating in a research note on Wednesday, April 25th. JMP Securities reduced their target price on shares of Brookdale Senior Living from $16.00 to $9.00 and set a buy rating for the company in a research note on Friday, April 13th. Three analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. Brookdale Senior Living currently has an average rating of Hold and a consensus target price of $8.92.

Brookdale Senior Living opened at $7.90 on Tuesday, according to Marketbeat.com. The company has a debt-to-equity ratio of 4.93, a current ratio of 0.75 and a quick ratio of 0.84. Brookdale Senior Living has a twelve month low of $6.28 and a twelve month high of $12.80. The stock has a market capitalization of $1.57 billion, a P/E ratio of -10.13 and a beta of 1.74.

Brookdale Senior Living (NYSE:BKD) last released its earnings results on Monday, August 6th. The company reported ($0.88) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.22) by ($0.66). Brookdale Senior Living had a negative net margin of 21.80% and a negative return on equity of 13.56%. The company had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter in the previous year, the business posted ($0.25) EPS. The firm’s quarterly revenue was down 2.7% on a year-over-year basis. sell-side analysts anticipate that Brookdale Senior Living will post -1.03 earnings per share for the current year.

A number of large investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP raised its position in Brookdale Senior Living by 8.2% in the second quarter. Dimensional Fund Advisors LP now owns 15,664,280 shares of the company’s stock worth $142,390,000 after purchasing an additional 1,186,239 shares in the last quarter. Fosun International Ltd acquired a new position in Brookdale Senior Living in the first quarter worth about $101,320,000. BlackRock Inc. raised its position in Brookdale Senior Living by 51.3% in the second quarter. BlackRock Inc. now owns 13,596,562 shares of the company’s stock worth $123,593,000 after purchasing an additional 4,612,157 shares in the last quarter. Washington Trust Bank acquired a new position in Brookdale Senior Living in the second quarter worth about $22,741,000. Finally, Millennium Management LLC raised its position in Brookdale Senior Living by 129.5% in the first quarter. Millennium Management LLC now owns 2,306,486 shares of the company’s stock worth $15,477,000 after purchasing an additional 1,301,384 shares in the last quarter.

Brookdale Senior Living Company Profile

Brookdale Senior Living Inc owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, CCRCs ? Rental, Brookdale Ancillary Services, and Management Services. The Retirement Centers segment owns or leases communities comprising independent living and assisted living units in a single community that are primarily designed for middle to upper income senior citizens.

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Analyst Recommendations for Brookdale Senior Living (NYSE:BKD)

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