California Public Employees Retirement System grew its position in Brookdale Senior Living, Inc. (NYSE:BKD) by 21.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 420,016 shares of the company’s stock after acquiring an additional 73,916 shares during the quarter. California Public Employees Retirement System’s holdings in Brookdale Senior Living were worth $4,452,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Schwab Charles Investment Management Inc. lifted its position in shares of Brookdale Senior Living by 16.9% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 1,149,597 shares of the company’s stock worth $16,911,000 after buying an additional 166,486 shares during the period. Legal & General Group Plc lifted its position in shares of Brookdale Senior Living by 18.0% during the 2nd quarter. Legal & General Group Plc now owns 217,240 shares of the company’s stock worth $3,196,000 after buying an additional 33,144 shares during the period. Utah Retirement Systems lifted its position in shares of Brookdale Senior Living by 0.3% during the 2nd quarter. Utah Retirement Systems now owns 33,642 shares of the company’s stock worth $494,000 after buying an additional 100 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its position 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 worth $102,000 after buying an additional 761 shares during the period. Finally, Principal Financial Group Inc. lifted its position in shares of Brookdale Senior Living by 13.7% during the 2nd quarter. Principal Financial Group Inc. now owns 27,284 shares of the company’s stock worth $401,000 after buying an additional 3,294 shares during the period. Institutional investors own 99.60% of the company’s stock.

BKD has been the subject of several analyst reports. Jefferies Group set a $14.00 target price on Brookdale Senior Living and gave the stock a “buy” rating in a research report on Friday, October 20th. Royal Bank of Canada cut their price objective on Brookdale Senior Living from $16.00 to $13.00 and set an “outperform” rating for the company in a research report on Wednesday, November 8th. Zacks Investment Research upgraded Brookdale Senior Living from a “strong sell” rating to a “hold” rating in a research report on Monday, December 18th. Stephens set a $16.00 price objective on Brookdale Senior Living and gave the company a “buy” rating in a research report on Monday, November 20th. Finally, Stifel Nicolaus cut their price objective on Brookdale Senior Living from $16.00 to $14.00 and set a “buy” rating for the company in a research report on Tuesday, November 7th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company. Brookdale Senior Living has a consensus rating of “Hold” and a consensus target price of $15.42.

Brookdale Senior Living, Inc. (NYSE BKD) opened at $9.24 on Wednesday. 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 52-week low of $8.78 and a 52-week high of $16.31. The stock has a market capitalization of $1,720.00, a price-to-earnings ratio of -2.01 and a beta of 1.73.

Brookdale Senior Living (NYSE:BKD) last issued its quarterly earnings data on Monday, November 6th. The company reported ($2.22) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.25) by ($1.97). The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. Brookdale Senior Living had a negative net margin of 17.85% and a negative return on equity of 0.79%. The company’s revenue for the quarter was down 5.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.28) EPS. equities research analysts expect that Brookdale Senior Living, Inc. will post -3.43 earnings per share for the current year.

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Brookdale Senior Living Profile

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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