BNP Paribas Financial Markets Purchases 247,461 Shares of Brookdale Senior Living Inc. $BKD

BNP Paribas Financial Markets lifted its position in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 15.6% in the 4th quarter, Holdings Channel reports. The fund owned 1,831,442 shares of the company’s stock after buying an additional 247,461 shares during the quarter. BNP Paribas Financial Markets’ holdings in Brookdale Senior Living were worth $19,761,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. Wellington Management Group LLP boosted its position in shares of Brookdale Senior Living by 24.5% during 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 during the last quarter. Bank of America Corp DE increased its stake in Brookdale Senior Living by 3.8% in the 2nd quarter. Bank of America Corp DE now owns 6,507,559 shares of the company’s stock worth $45,293,000 after purchasing an additional 238,042 shares during the period. Geode Capital Management LLC grew its position in shares of Brookdale Senior Living by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 5,469,453 shares of the company’s stock worth $59,025,000 after buying an additional 42,375 shares during the last quarter. American Century Companies Inc. grew its position in shares of Brookdale Senior Living by 2.3% in the 3rd quarter. American Century Companies Inc. now owns 3,534,675 shares of the company’s stock worth $29,939,000 after buying an additional 79,962 shares during the last quarter. Finally, UBS Group AG boosted its position in shares of Brookdale Senior Living by 36.7% during the third quarter. UBS Group AG now owns 3,353,753 shares of the company’s stock valued at $28,406,000 after purchasing an additional 900,353 shares in the last quarter.

Brookdale Senior Living Trading Up 3.8%

Shares of NYSE BKD opened at $12.34 on Friday. The stock has a market capitalization of $2.95 billion, a PE ratio of -14.35 and a beta of 0.63. The stock’s fifty day simple moving average is $13.44 and its two-hundred day simple moving average is $13.05. Brookdale Senior Living Inc. has a 12-month low of $6.48 and a 12-month high of $17.09.

Brookdale Senior Living (NYSE:BKD) last announced its earnings results on Wednesday, May 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.01). The company had revenue of $764.86 million for the quarter, compared to the consensus estimate of $771.16 million. Brookdale Senior Living had a negative net margin of 6.51% and a negative return on equity of 15,050.32%. On average, equities analysts predict that Brookdale Senior Living Inc. will post -0.1 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

BKD has been the topic of several analyst reports. Zacks Research downgraded Brookdale Senior Living from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Stephens initiated coverage on Brookdale Senior Living in a research report on Thursday, April 9th. They set an “overweight” rating and a $18.00 price objective for the company. Royal Bank Of Canada restated an “outperform” rating on shares of Brookdale Senior Living in a research report on Friday, February 20th. Finally, Weiss Ratings lowered Brookdale Senior Living from a “sell (d)” rating to a “sell (d-)” rating in a research note on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Brookdale Senior Living has a consensus rating of “Moderate Buy” and an average target price of $16.50.

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.