Brookdale Senior Living Inc. (NYSE:BKD) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Brookdale Senior Living Inc. (NYSE:BKD) have received a consensus rating of “Moderate Buy” from the seven research firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $16.50.

A number of equities research analysts have weighed in on BKD shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of Brookdale Senior Living in a research note on Friday, February 20th. Zacks Research downgraded shares of Brookdale Senior Living from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Stephens started coverage on shares of Brookdale Senior Living in a research note on Thursday, April 9th. They set an “overweight” rating and a $18.00 price target on the stock. Barclays lifted their price target on shares of Brookdale Senior Living to $18.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 3rd. Finally, Weiss Ratings raised Brookdale Senior Living from a “sell (d-)” rating to a “sell (d)” rating in a report on Tuesday.

Hedge Funds Weigh In On Brookdale Senior Living

A number of hedge funds have recently modified their holdings of the stock. WCM Investment Management LLC acquired a new stake in shares of Brookdale Senior Living in the 1st quarter valued at $171,681,000. Senator Investment Group LP acquired a new stake in shares of Brookdale Senior Living in the 4th quarter valued at $36,786,000. Mason Capital Management LLC acquired a new stake in shares of Brookdale Senior Living in the 3rd quarter valued at $20,971,000. Wellington Management Group LLP boosted its stake 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 purchasing an additional 2,282,151 shares in the last quarter. Finally, Maple Rock Capital Partners Inc. boosted its stake in shares of Brookdale Senior Living by 34.9% in the 4th quarter. Maple Rock Capital Partners Inc. now owns 8,497,048 shares of the company’s stock valued at $91,683,000 after purchasing an additional 2,199,000 shares in the last quarter.

Brookdale Senior Living Trading Down 1.2%

Shares of BKD stock opened at $13.05 on Monday. Brookdale Senior Living has a 1 year low of $6.26 and a 1 year high of $17.09. The firm’s fifty day simple moving average is $13.84 and its 200 day simple moving average is $12.69. The firm has a market capitalization of $3.12 billion, a P/E ratio of -15.17 and a beta of 0.68.

Brookdale Senior Living (NYSE:BKD) last posted its quarterly earnings results on Wednesday, May 6th. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). Brookdale Senior Living had a negative return on equity of 15,050.32% and a negative net margin of 6.51%.The business had revenue of $764.86 million for the quarter, compared to analyst estimates of $771.16 million. Equities research analysts anticipate that Brookdale Senior Living will post -0.1 EPS for the current fiscal year.

About Brookdale Senior Living

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.