Shares of Brookdale Senior Living, Inc. (NYSE:BKD) have been assigned an average recommendation of “Buy” from the six analysts that are covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $9.00.

BKD has been the subject of a number of recent analyst reports. Zacks Investment Research raised Brookdale Senior Living from a “hold” rating to a “buy” rating and set a $9.25 price objective for the company in a research note on Monday, January 28th. Jefferies Financial Group reiterated a “buy” rating and issued a $10.00 target price on shares of Brookdale Senior Living in a research report on Tuesday, February 12th. Finally, Stifel Nicolaus set a $8.00 target price on Brookdale Senior Living and gave the stock a “hold” rating in a research report on Wednesday, April 17th.

In other Brookdale Senior Living news, Director Frank M. Bumstead purchased 20,000 shares of Brookdale Senior Living stock in a transaction dated Tuesday, February 26th. The shares were purchased at an average cost of $6.95 per share, for a total transaction of $139,000.00. Following the completion of the acquisition, the director now owns 191,019 shares in the company, valued at approximately $1,327,582.05. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Denise Wilder Warren purchased 5,000 shares of Brookdale Senior Living stock in a transaction dated Monday, March 4th. The stock was acquired at an average price of $6.56 per share, for a total transaction of $32,800.00. Following the completion of the acquisition, the director now owns 24,401 shares of the company’s stock, valued at approximately $160,070.56. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 46,195 shares of company stock worth $320,904. Company insiders own 1.20% of the company’s stock.

Hedge funds and other institutional investors have recently modified their holdings of the company. Pinnacle Associates Ltd. purchased a new stake in shares of Brookdale Senior Living in the first quarter worth approximately $66,000. Camelot Portfolios LLC bought a new position in Brookdale Senior Living in the fourth quarter worth approximately $67,000. Blueshift Asset Management LLC bought a new position in Brookdale Senior Living in the fourth quarter worth approximately $69,000. Raymond James Financial Services Advisors Inc. bought a new position in Brookdale Senior Living in the fourth quarter worth approximately $73,000. Finally, Assenagon Asset Management S.A. bought a new position in Brookdale Senior Living in the first quarter worth approximately $80,000. Hedge funds and other institutional investors own 98.07% of the company’s stock.

Shares of BKD stock traded up $0.11 on Friday, hitting $6.96. 1,791,140 shares of the stock were exchanged, compared to its average volume of 2,162,576. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of -3.50 and a beta of 1.64. The company has a debt-to-equity ratio of 5.92, a quick ratio of 0.68 and a current ratio of 0.68. Brookdale Senior Living has a one year low of $5.98 and a one year high of $10.10.

Brookdale Senior Living (NYSE:BKD) last posted its quarterly earnings results on Monday, May 6th. The company reported ($0.23) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.33) by $0.10. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.04 billion. Brookdale Senior Living had a negative return on equity of 18.06% and a negative net margin of 2.59%. Brookdale Senior Living’s revenue for the quarter was down 12.2% compared to the same quarter last year. During the same period last year, the company earned ($2.45) EPS. Equities analysts predict that Brookdale Senior Living will post -1.17 EPS for the current year.

About Brookdale Senior Living

Brookdale Senior Living Inc owns and operates senior living communities in the United States. It operates through five segments: Independent Living, Assisted Living and Memory Care, CCRCs, Health Care Services, and Management Services. 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 senior citizens.

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