Clough Capital Partners L P Sells 67,610 Shares of Brookdale Senior Living Inc. $BKD

Clough Capital Partners L P reduced its stake in Brookdale Senior Living Inc. (NYSE:BKD) by 11.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 532,300 shares of the company’s stock after selling 67,610 shares during the quarter. Clough Capital Partners L P’s holdings in Brookdale Senior Living were worth $5,744,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of BKD. Royal Bank of Canada raised its holdings in Brookdale Senior Living by 3.4% in the 1st quarter. Royal Bank of Canada now owns 1,100,420 shares of the company’s stock valued at $6,888,000 after acquiring an additional 36,604 shares during the period. AQR Capital Management LLC increased its position in Brookdale Senior Living by 34.2% during the 1st quarter. AQR Capital Management LLC now owns 25,506 shares of the company’s stock worth $160,000 after buying an additional 6,507 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Brookdale Senior Living by 3.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 138,383 shares of the company’s stock worth $866,000 after buying an additional 4,323 shares in the last quarter. Millennium Management LLC boosted its position in shares of Brookdale Senior Living by 67.7% in the first quarter. Millennium Management LLC now owns 2,171,161 shares of the company’s stock valued at $13,591,000 after acquiring an additional 876,222 shares during the period. Finally, Dynamic Technology Lab Private Ltd bought a new stake in shares of Brookdale Senior Living in the first quarter valued at about $181,000.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on BKD shares. Royal Bank Of Canada reissued an “outperform” rating on shares of Brookdale Senior Living in a research report on Friday, February 20th. Stephens initiated coverage on shares of Brookdale Senior Living in a research report on Thursday, April 9th. They issued an “overweight” rating and a $18.00 target price for the company. Zacks Research cut shares of Brookdale Senior Living from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Compass Point initiated coverage on shares of Brookdale Senior Living in a report on Monday. They set a “buy” rating and a $22.00 target price on the stock. Finally, Weiss Ratings cut shares of Brookdale Senior Living from a “sell (d)” rating to a “sell (d-)” rating in a report on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Brookdale Senior Living presently has a consensus rating of “Moderate Buy” and a consensus target price of $17.60.

Brookdale Senior Living Trading Down 0.9%

Shares of BKD opened at $13.63 on Thursday. The firm’s 50 day moving average is $13.34 and its 200-day moving average is $13.19. The stock has a market capitalization of $3.25 billion, a PE ratio of -15.85 and a beta of 0.63. Brookdale Senior Living Inc. has a 12 month low of $6.65 and a 12 month high of $17.09.

Brookdale Senior Living (NYSE:BKD) last announced its quarterly earnings data on Wednesday, May 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). The firm had revenue of $764.86 million during 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%. Equities research analysts predict that Brookdale Senior Living Inc. will post -0.1 earnings per share for the current fiscal year.

Brookdale Senior Living 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.