Royce & Associates LP raised its position in Brookdale Senior Living Inc. (NYSE:BKD) by 6.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,096,000 shares of the company’s stock after buying an additional 63,500 shares during the period. Royce & Associates LP owned 0.59% of Brookdale Senior Living worth $16,122,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. IMS Capital Management boosted its position in shares of Brookdale Senior Living by 2.6% in the second quarter. IMS Capital Management now owns 70,455 shares of the company’s stock worth $1,036,000 after buying an additional 1,803 shares during the last quarter. Chartwell Investment Partners LLC acquired a new position in shares of Brookdale Senior Living during the first quarter worth approximately $1,458,000. Neuberger Berman Group LLC boosted its position in shares of Brookdale Senior Living by 56.6% in the first quarter. Neuberger Berman Group LLC now owns 19,926 shares of the company’s stock worth $268,000 after buying an additional 7,200 shares during the last quarter. Mitsubishi UFJ Trust & Banking Corp acquired a new position in shares of Brookdale Senior Living during the first quarter worth approximately $3,995,000. Finally, New South Capital Management Inc. boosted its position in shares of Brookdale Senior Living by 26.4% in the first quarter. New South Capital Management Inc. now owns 6,205,928 shares of the company’s stock worth $83,345,000 after buying an additional 1,298,098 shares during the last quarter. 99.66% of the stock is owned by institutional investors and hedge funds.

Brookdale Senior Living Inc. (BKD) opened at 11.60 on Thursday. The stock’s market capitalization is $2.16 billion. Brookdale Senior Living Inc. has a 1-year low of $10.65 and a 1-year high of $18.34. The company’s 50 day moving average is $13.33 and its 200-day moving average is $13.65.

Brookdale Senior Living (NYSE:BKD) last announced its earnings results on Monday, August 7th. The company reported ($0.23) earnings per share for the quarter, missing the consensus estimate of $0.56 by $0.79. Brookdale Senior Living had a negative net margin of 10.14% and a positive return on equity of 6.00%. The firm had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same period in the previous year, the firm posted ($0.19) EPS. The company’s revenue for the quarter was down 5.7% compared to the same quarter last year. Analysts forecast that Brookdale Senior Living Inc. will post $1.80 earnings per share for the current fiscal year.

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BKD has been the subject of a number of recent research reports. Jefferies Group LLC reissued a “buy” rating and issued a $16.50 price objective on shares of Brookdale Senior Living in a research note on Friday, July 14th. BidaskClub cut shares of Brookdale Senior Living from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 12th. Zacks Investment Research raised shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a research note on Thursday, May 11th. ValuEngine cut shares of Brookdale Senior Living from a “buy” rating to a “hold” rating in a research note on Monday. Finally, Stifel Nicolaus dropped their price objective on shares of Brookdale Senior Living from $20.00 to $16.00 and set a “buy” rating for the company in a research note on Tuesday, August 8th. Four equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $16.50.

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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