Brookdale Senior Living Inc. (NYSE:BKD) Position Cut by Nebula Research & Development LLC

Nebula Research & Development LLC lowered its holdings in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 13.8% during the 4th quarter, Holdings Channel reports. The fund owned 87,236 shares of the company’s stock after selling 13,931 shares during the period. Nebula Research & Development LLC’s holdings in Brookdale Senior Living were worth $439,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the business. Wellington Management Group LLP increased its holdings in shares of Brookdale Senior Living by 26.7% during the fourth quarter. Wellington Management Group LLP now owns 9,916,049 shares of the company’s stock valued at $49,878,000 after purchasing an additional 2,089,242 shares during the period. ANTIPODES PARTNERS Ltd increased its stake in Brookdale Senior Living by 86.5% during the 4th quarter. ANTIPODES PARTNERS Ltd now owns 7,560,262 shares of the company’s stock valued at $38,031,000 after buying an additional 3,507,044 shares during the period. Dimensional Fund Advisors LP raised its position in shares of Brookdale Senior Living by 2.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 7,140,601 shares of the company’s stock worth $35,916,000 after buying an additional 164,239 shares in the last quarter. Edmond DE Rothschild Holding S.A. raised its position in shares of Brookdale Senior Living by 18.2% during the 4th quarter. Edmond DE Rothschild Holding S.A. now owns 6,792,160 shares of the company’s stock worth $34,165,000 after buying an additional 1,043,920 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Brookdale Senior Living by 2.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,017,897 shares of the company’s stock worth $15,180,000 after acquiring an additional 64,814 shares during the period.

Brookdale Senior Living Stock Performance

Shares of BKD opened at $6.52 on Wednesday. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 20.05. Brookdale Senior Living Inc. has a 12 month low of $4.45 and a 12 month high of $8.12. The company’s fifty day moving average is $5.93 and its 200-day moving average is $5.57. The firm has a market cap of $1.31 billion, a price-to-earnings ratio of -7.33 and a beta of 0.87.

Brookdale Senior Living (NYSE:BKD) last announced its quarterly earnings results on Tuesday, February 18th. The company reported ($0.37) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.21). The company had revenue of $780.95 million during the quarter, compared to analyst estimates of $781.78 million. Brookdale Senior Living had a negative return on equity of 65.92% and a negative net margin of 6.46%. Equities analysts expect that Brookdale Senior Living Inc. will post -0.56 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on BKD shares. Macquarie reiterated an “outperform” rating and set a $8.00 price target on shares of Brookdale Senior Living in a research report on Wednesday, March 12th. Barclays boosted their price target on shares of Brookdale Senior Living from $7.00 to $7.50 and gave the stock an “equal weight” rating in a research report on Wednesday, April 16th. Finally, Royal Bank of Canada restated an “outperform” rating and set a $8.00 price objective on shares of Brookdale Senior Living in a research report on Thursday, April 10th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $7.50.

About Brookdale Senior Living

Brookdale Senior Living Inc owns, manages, and operates senior living communities in the United States. It operates in three segments: Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs). The Independent Living segment owns or leases communities comprising independent and assisted living units in a single community that are primarily designed for middle to upper income seniors.