Dimensional Fund Advisors LP grew its stake in shares of Brookdale Senior Living, Inc. (NYSE:BKD) by 21.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 11,968,001 shares of the company’s stock after buying an additional 2,080,341 shares during the period. Dimensional Fund Advisors LP owned 6.42% of Brookdale Senior Living worth $126,862,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Harvest Fund Management Co. Ltd purchased a new stake in shares of Brookdale Senior Living during the 2nd quarter valued at $101,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Brookdale Senior Living by 12.3% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,943 shares of the company’s stock valued at $102,000 after buying an additional 761 shares during the period. EP Wealth Advisors LLC purchased a new stake in shares of Brookdale Senior Living during the 2nd quarter valued at $148,000. Merriman Wealth Management LLC purchased a new stake in shares of Brookdale Senior Living during the 3rd quarter valued at $108,000. Finally, Dorsey & Whitney Trust CO LLC purchased a new stake in shares of Brookdale Senior Living during the 3rd quarter valued at $122,000. 99.87% of the stock is owned by institutional investors.

Shares of Brookdale Senior Living, Inc. (NYSE:BKD) traded down $0.14 during trading on Friday, reaching $9.61. 2,363,417 shares of the company were exchanged, compared to its average volume of 2,910,000. The company has a debt-to-equity ratio of 3.23, a current ratio of 0.83 and a quick ratio of 0.83. Brookdale Senior Living, Inc. has a 12-month low of $8.78 and a 12-month high of $16.31.

Brookdale Senior Living (NYSE:BKD) last announced its quarterly earnings results on Monday, November 6th. The company reported ($2.22) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.25) by ($1.97). Brookdale Senior Living had a negative return on equity of 0.79% and a negative net margin of 17.85%. The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.16 billion. During the same period last year, the company posted ($0.28) earnings per share. The firm’s revenue for the quarter was down 5.9% on a year-over-year basis. sell-side analysts expect that Brookdale Senior Living, Inc. will post -2.78 earnings per share for the current year.

BKD has been the subject of several research reports. ValuEngine cut shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a research note on Sunday, September 3rd. Jefferies Group set a $14.00 price objective on shares of Brookdale Senior Living and gave the company a “buy” rating in a research note on Friday, October 20th. Royal Bank of Canada lowered their price objective on shares of Brookdale Senior Living from $16.00 to $13.00 and set an “outperform” rating for the company in a research note on Wednesday, November 8th. Stephens set a $16.00 price objective on shares of Brookdale Senior Living and gave the company a “buy” rating in a research note on Monday, November 20th. Finally, Stifel Nicolaus lowered their price objective on shares of Brookdale Senior Living from $16.00 to $14.00 and set a “buy” rating for the company in a research note on Tuesday, November 7th. Three equities research analysts have rated the stock with a sell rating and five have assigned a buy rating to the company. Brookdale Senior Living currently has a consensus rating of “Hold” and a consensus price target of $15.42.

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About Brookdale Senior Living

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.

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

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