Canada Pension Plan Investment Board purchased a new stake in Brookdale Senior Living Inc. (NYSE:BKD) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 31,000 shares of the company’s stock, valued at approximately $456,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Amalgamated Bank increased its position in Brookdale Senior Living by 3.4% in the first quarter. Amalgamated Bank now owns 26,468 shares of the company’s stock worth $355,000 after buying an additional 869 shares in the last quarter. Aperio Group LLC increased its position in Brookdale Senior Living by 12.3% in the second quarter. Aperio Group LLC now owns 30,468 shares of the company’s stock worth $448,000 after buying an additional 3,335 shares in the last quarter. Oxbow Advisors LLC increased its position in Brookdale Senior Living by 1.5% in the second quarter. Oxbow Advisors LLC now owns 236,827 shares of the company’s stock worth $3,484,000 after buying an additional 3,547 shares in the last quarter. Stratos Wealth Partners LTD. increased its position in Brookdale Senior Living by 35.2% in the first quarter. Stratos Wealth Partners LTD. now owns 16,061 shares of the company’s stock worth $216,000 after buying an additional 4,182 shares in the last quarter. Finally, Swiss National Bank increased its position in Brookdale Senior Living by 2.0% in the first quarter. Swiss National Bank now owns 306,239 shares of the company’s stock worth $4,113,000 after buying an additional 5,900 shares in the last quarter. Hedge funds and other institutional investors own 99.66% of the company’s stock.

Shares of Brookdale Senior Living Inc. (NYSE BKD) opened at 11.60 on Thursday. The company has a 50-day moving average price of $13.33 and a 200-day moving average price of $13.65. Brookdale Senior Living Inc. has a 12 month low of $10.65 and a 12 month high of $18.34. The company’s market capitalization is $2.16 billion.

Brookdale Senior Living (NYSE:BKD) last announced its quarterly earnings data on Monday, August 7th. The company reported ($0.23) EPS for the quarter, missing the Zacks’ consensus estimate of $0.56 by $0.79. Brookdale Senior Living had a negative net margin of 10.14% and a positive return on equity of 6.00%. The business had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same period in the prior year, the firm earned ($0.19) EPS. Brookdale Senior Living’s revenue for the quarter was down 5.7% on a year-over-year basis. On average, analysts forecast that Brookdale Senior Living Inc. will post $1.80 EPS for the current fiscal year.

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A number of research firms have recently commented on BKD. ValuEngine downgraded Brookdale Senior Living from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Zacks Investment Research downgraded Brookdale Senior Living from a “buy” rating to a “hold” rating in a research report on Monday, July 10th. BidaskClub downgraded Brookdale Senior Living from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Stifel Nicolaus lowered their target price on Brookdale Senior Living from $20.00 to $16.00 and set a “buy” rating for the company in a research report on Tuesday, August 8th. Finally, Jefferies Group LLC reiterated a “buy” rating and set a $16.50 target price on shares of Brookdale Senior Living in a research report on Friday, July 14th. Four investment analysts have rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $16.50.

Brookdale Senior Living Company Profile

Brookdale Senior Living Inc operates senior living communities in the United States. The Company operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). It operates through five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services and Management Services.

Institutional Ownership by Quarter for Brookdale Senior Living (NYSE:BKD)

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