Brookdale Senior Living Inc. $BKD Shares Sold by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd reduced its stake in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 25.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 400,683 shares of the company’s stock after selling 135,166 shares during the period. Y Intercept Hong Kong Ltd owned 0.17% of Brookdale Senior Living worth $3,394,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Osaic Holdings Inc. increased its holdings in Brookdale Senior Living by 7.1% in the 2nd quarter. Osaic Holdings Inc. now owns 20,177 shares of the company’s stock valued at $140,000 after purchasing an additional 1,331 shares during the last quarter. KLP Kapitalforvaltning AS grew its stake in shares of Brookdale Senior Living by 7.0% during the second quarter. KLP Kapitalforvaltning AS now owns 35,100 shares of the company’s stock worth $244,000 after purchasing an additional 2,300 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in Brookdale Senior Living by 0.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 906,218 shares of the company’s stock valued at $7,757,000 after purchasing an additional 2,810 shares in the last quarter. Covestor Ltd grew its position in shares of Brookdale Senior Living by 55.8% in the 3rd quarter. Covestor Ltd now owns 9,576 shares of the company’s stock valued at $81,000 after buying an additional 3,428 shares during the last quarter. Finally, Lazard Asset Management LLC lifted its holdings in shares of Brookdale Senior Living by 41.0% in the 2nd quarter. Lazard Asset Management LLC now owns 12,531 shares of the company’s stock valued at $87,000 after purchasing an additional 3,644 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Barclays boosted their target price on Brookdale Senior Living to $15.00 and gave the company an “overweight” rating in a report on Thursday. Royal Bank Of Canada upped their target price on Brookdale Senior Living from $9.00 to $13.00 and gave the company an “outperform” rating in a report on Monday, November 17th. Weiss Ratings reissued a “sell (d-)” rating on shares of Brookdale Senior Living in a report on Wednesday, January 21st. Wall Street Zen raised Brookdale Senior Living from a “sell” rating to a “hold” rating in a research note on Sunday, November 23rd. Finally, Citigroup raised shares of Brookdale Senior Living to a “buy” rating in a research report on Tuesday, January 6th. Five research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, Brookdale Senior Living currently has an average rating of “Moderate Buy” and an average price target of $12.25.

Brookdale Senior Living Stock Performance

Brookdale Senior Living stock opened at $12.87 on Tuesday. The company has a market cap of $3.06 billion, a P/E ratio of -9.82 and a beta of 0.67. Brookdale Senior Living Inc. has a fifty-two week low of $4.45 and a fifty-two week high of $13.19. The company has a debt-to-equity ratio of 39.87, a current ratio of 0.84 and a quick ratio of 0.84. The firm’s 50 day simple moving average is $11.07 and its 200-day simple moving average is $9.20.

Brookdale Senior Living (NYSE:BKD) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($0.20) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.04). The business had revenue of $813.17 million during the quarter, compared to the consensus estimate of $825.59 million. Brookdale Senior Living had a negative net margin of 9.52% and a negative return on equity of 173.75%. As a group, equities research analysts predict that Brookdale Senior Living Inc. will post -0.56 EPS for the current year.

Brookdale Senior Living Company 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.