Shares of Brookdale Senior Living, Inc. (NYSE:BKD) have received an average rating of “Hold” from the seven research firms that are currently covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $9.60.

Several equities research analysts have recently weighed in on BKD shares. Zacks Investment Research upgraded shares of Brookdale Senior Living from a “hold” rating to a “buy” rating and set a $9.25 price objective for the company in a research report on Tuesday, February 5th. Royal Bank of Canada reiterated a “hold” rating and set a $8.00 price objective on shares of Brookdale Senior Living in a research report on Sunday, November 18th. Finally, ValuEngine cut shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a research report on Tuesday, November 20th.

NYSE:BKD traded up $0.08 on Wednesday, hitting $7.89. The company had a trading volume of 1,521,279 shares, compared to its average volume of 1,215,082. The company has a market cap of $1.47 billion, a price-to-earnings ratio of -10.11 and a beta of 1.87. Brookdale Senior Living has a 52 week low of $6.08 and a 52 week high of $10.10. The company has a debt-to-equity ratio of 4.64, a current ratio of 0.66 and a quick ratio of 0.66.

In other news, Director Marcus E. Bromley acquired 6,300 shares of the firm’s stock in a transaction dated Tuesday, November 20th. The stock was bought at an average cost of $7.86 per share, for a total transaction of $49,518.00. Following the completion of the transaction, the director now directly owns 41,059 shares in the company, valued at approximately $322,723.74. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.20% of the company’s stock.

A number of large investors have recently bought and sold shares of the business. Bank of New York Mellon Corp grew its holdings in Brookdale Senior Living by 2.5% in the fourth quarter. Bank of New York Mellon Corp now owns 941,370 shares of the company’s stock worth $6,307,000 after purchasing an additional 22,945 shares during the period. BlackRock Inc. grew its holdings in Brookdale Senior Living by 8.1% in the fourth quarter. BlackRock Inc. now owns 15,135,913 shares of the company’s stock worth $101,410,000 after purchasing an additional 1,131,261 shares during the period. Acadian Asset Management LLC acquired a new stake in Brookdale Senior Living in the fourth quarter worth $432,000. Canada Pension Plan Investment Board acquired a new stake in Brookdale Senior Living in the fourth quarter worth $7,756,000. Finally, Rutabaga Capital Management LLC MA grew its holdings in Brookdale Senior Living by 5.6% in the fourth quarter. Rutabaga Capital Management LLC MA now owns 1,551,107 shares of the company’s stock worth $10,392,000 after purchasing an additional 82,400 shares during the period. Institutional investors and hedge funds own 98.49% of the company’s stock.

About Brookdale Senior Living

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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