Brookdale Senior Living Inc. (NYSE:BKD) Short Interest Up 34.5% in February

Brookdale Senior Living Inc. (NYSE:BKD) was the recipient of a significant growth in short interest during the month of February. As of February 13th, there was short interest totaling 28,118,507 shares, a growth of 34.5% from the January 29th total of 20,898,922 shares. Based on an average trading volume of 6,810,545 shares, the short-interest ratio is currently 4.1 days. Currently, 12.0% of the shares of the company are sold short. Currently, 12.0% of the shares of the company are sold short. Based on an average trading volume of 6,810,545 shares, the short-interest ratio is currently 4.1 days.

Analyst Ratings Changes

BKD has been the topic of several recent research reports. Barclays lifted their price objective on shares of Brookdale Senior Living to $18.00 and gave the company an “overweight” rating in a research report on Tuesday, February 3rd. Weiss Ratings reissued a “sell (d-)” rating on shares of Brookdale Senior Living in a research note on Wednesday, January 21st. Zacks Research raised Brookdale Senior Living from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 18th. Wall Street Zen upgraded shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a research note on Sunday, November 23rd. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Brookdale Senior Living in a research report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Brookdale Senior Living has an average rating of “Moderate Buy” and a consensus price target of $14.00.

Brookdale Senior Living Price Performance

NYSE:BKD traded up $0.14 during trading hours on Wednesday, reaching $15.13. 2,431,460 shares of the company’s stock were exchanged, compared to its average volume of 5,643,058. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 39.87. The company has a market capitalization of $3.60 billion, a P/E ratio of -13.63 and a beta of 0.68. Brookdale Senior Living has a 12 month low of $4.97 and a 12 month high of $17.09. The business’s 50-day simple moving average is $13.51 and its two-hundred day simple moving average is $10.64.

Brookdale Senior Living (NYSE:BKD) last posted its quarterly earnings results on Wednesday, February 18th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.01). The company had revenue of $754.09 million during the quarter, compared to the consensus estimate of $753.60 million. Brookdale Senior Living had a negative net margin of 8.22% and a negative return on equity of 305.28%. Sell-side analysts expect that Brookdale Senior Living will post -0.56 EPS for the current fiscal year.

Hedge Funds Weigh In On Brookdale Senior Living

Institutional investors have recently bought and sold shares of the stock. Maple Rock Capital Partners Inc. purchased a new stake in Brookdale Senior Living during the second quarter valued at about $45,804,000. Senator Investment Group LP purchased a new position in shares of Brookdale Senior Living in the fourth quarter worth approximately $36,786,000. Assenagon Asset Management S.A. raised its holdings in shares of Brookdale Senior Living by 192.4% during the third quarter. Assenagon Asset Management S.A. now owns 3,821,952 shares of the company’s stock valued at $32,372,000 after acquiring an additional 2,514,884 shares during the period. Mason Capital Management LLC purchased a new stake in shares of Brookdale Senior Living in the 3rd quarter valued at approximately $20,971,000. Finally, Wellington Management Group LLP lifted its position in shares of Brookdale Senior Living by 24.5% in the 3rd quarter. Wellington Management Group LLP now owns 11,609,307 shares of the company’s stock valued at $98,331,000 after acquiring an additional 2,282,151 shares in the last quarter.

Brookdale Senior Living Company Profile

Brookdale Senior Living Inc (NYSE: BKD) is one of the nation’s largest operators of senior living communities, offering a full spectrum of living options that includes independent living, assisted living, memory care, continuing care retirement communities, respite care and skilled nursing services. The company emphasizes programs and amenities that support wellness, social engagement and overall quality of life for older adults.

Across the United States and Puerto Rico, Brookdale manages more than 700 communities serving tens of thousands of residents.