WINTON GROUP Ltd Decreases Stake in Brookdale Senior Living Inc. $BKD

WINTON GROUP Ltd cut its holdings in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 70.4% in the 2nd quarter, Holdings Channel reports. The fund owned 61,500 shares of the company’s stock after selling 146,067 shares during the period. WINTON GROUP Ltd’s holdings in Brookdale Senior Living were worth $990,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Caitong International Asset Management Co. Ltd lifted its stake in shares of Brookdale Senior Living by 44,583.3% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 2,681 shares of the company’s stock worth $29,000 after acquiring an additional 2,675 shares in the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in Brookdale Senior Living in the second quarter valued at about $43,000. Public Employees Retirement System of Ohio acquired a new stake in Brookdale Senior Living during the 2nd quarter valued at approximately $53,000. Nykredit A S acquired a new stake in Brookdale Senior Living during the 2nd quarter valued at approximately $57,000. Finally, Larson Financial Group LLC acquired a new stake in Brookdale Senior Living during the 3rd quarter valued at approximately $59,000.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on BKD. Barclays cut their target price on Brookdale Senior Living from $18.00 to $17.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 11th. Compass Point initiated coverage on shares of Brookdale Senior Living in a research report on Monday, June 15th. They set a “buy” rating and a $22.00 price target for the company. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Brookdale Senior Living in a research note on Monday, August 24th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Brookdale Senior Living has an average rating of “Moderate Buy” and a consensus target price of $17.40.

Brookdale Senior Living Stock Performance

NYSE:BKD opened at $12.13 on Monday. The company has a market capitalization of $2.90 billion, a price-to-earnings ratio of -20.91, a price-to-earnings-growth ratio of 5.88 and a beta of 0.58. Brookdale Senior Living Inc. has a one year low of $7.29 and a one year high of $17.09. The stock has a 50-day simple moving average of $13.49 and a 200 day simple moving average of $13.74.

Brookdale Senior Living (NYSE:BKD) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.16. Brookdale Senior Living had a negative return on equity of 15,050.32% and a negative net margin of 4.53%.The firm had revenue of $718.58 million for the quarter, compared to analysts’ expectations of $735.63 million. On average, equities research analysts forecast that Brookdale Senior Living Inc. will post 0.06 EPS for the current fiscal year.

Brookdale Senior Living Company Profile

Brookdale Senior Living, Inc is a U.S.-based operator of senior living communities. The company provides housing, hospitality and supportive care for older adults through a range of living options, including independent living, assisted living, memory care and continuing care communities.

Brookdale’s services are designed to support residents’ daily living, wellness and social needs while offering varying levels of assistance as care requirements change. Its operations also include ancillary healthcare services, such as therapy, home health and hospice care, where available.

Headquartered in Brentwood, Tennessee, Brookdale serves residents across numerous states in the United States.