Geode Capital Management LLC lifted its stake in Brookdale Senior Living, Inc. (NYSE:BKD) by 10.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,999,066 shares of the company’s stock after purchasing an additional 184,405 shares during the period. Geode Capital Management LLC’s holdings in Brookdale Senior Living were worth $13,393,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc grew its holdings in Brookdale Senior Living by 1.8% during the 3rd quarter. Vanguard Group Inc now owns 16,568,707 shares of the company’s stock worth $162,871,000 after acquiring an additional 289,082 shares in the last quarter. BlackRock Inc. grew its holdings in Brookdale Senior Living by 3.0% during the 3rd quarter. BlackRock Inc. now owns 14,004,652 shares of the company’s stock worth $137,665,000 after acquiring an additional 408,090 shares in the last quarter. Putnam Investments LLC grew its holdings in Brookdale Senior Living by 47.1% during the 3rd quarter. Putnam Investments LLC now owns 402,645 shares of the company’s stock worth $3,958,000 after acquiring an additional 128,845 shares in the last quarter. Teachers Advisors LLC grew its holdings in Brookdale Senior Living by 4.1% during the 3rd quarter. Teachers Advisors LLC now owns 467,702 shares of the company’s stock worth $4,598,000 after acquiring an additional 18,272 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in Brookdale Senior Living by 1.8% during the 3rd quarter. Vanguard Group Inc. now owns 16,568,707 shares of the company’s stock worth $162,871,000 after acquiring an additional 289,082 shares in the last quarter. Hedge funds and other institutional investors own 99.48% of the company’s stock.

In other news, insider Lucinda M. Baier purchased 7,500 shares of the stock in a transaction dated Tuesday, February 19th. The shares were acquired at an average cost of $7.04 per share, for a total transaction of $52,800.00. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Frank M. Bumstead purchased 20,000 shares of the stock in a transaction dated Tuesday, February 26th. The stock was purchased at an average price of $6.95 per share, for a total transaction of $139,000.00. Following the completion of the acquisition, the director now directly owns 191,019 shares in the company, valued at approximately $1,327,582.05. The disclosure for this purchase can be found here. Insiders bought a total of 46,195 shares of company stock worth $320,904 over the last 90 days. Company insiders own 1.20% of the company’s stock.

Several brokerages have issued reports on BKD. Zacks Investment Research upgraded shares of Brookdale Senior Living from a “hold” rating to a “buy” rating and set a $9.25 target price on the stock in a report on Tuesday, February 5th. Jefferies Financial Group reiterated a “buy” rating and set a $10.00 target price on shares of Brookdale Senior Living in a report on Tuesday, February 12th. ValuEngine upgraded shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a report on Tuesday, January 15th. Finally, Stifel Nicolaus reiterated a “hold” rating and set a $7.50 target price on shares of Brookdale Senior Living in a report on Thursday, February 14th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $9.10.

NYSE:BKD opened at $6.74 on Wednesday. Brookdale Senior Living, Inc. has a fifty-two week low of $6.08 and a fifty-two week high of $10.10. The stock has a market capitalization of $1.26 billion, a PE ratio of -3.39 and a beta of 1.69. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 4.12.

Brookdale Senior Living (NYSE:BKD) last released its quarterly earnings results on Wednesday, February 13th. The company reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.27) by $0.97. Brookdale Senior Living had a negative net margin of 11.66% and a negative return on equity of 15.69%. The business had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same period last year, the business earned ($0.08) EPS. The company’s revenue was down 8.3% compared to the same quarter last year. As a group, equities research analysts forecast that Brookdale Senior Living, Inc. will post -1.36 EPS for the current year.

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

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