XTX Topco Ltd Buys 75,180 Shares of Brookdale Senior Living Inc. (NYSE:BKD)

XTX Topco Ltd increased its stake in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 99.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 150,404 shares of the company’s stock after acquiring an additional 75,180 shares during the quarter. XTX Topco Ltd owned about 0.08% of Brookdale Senior Living worth $757,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of BKD. R Squared Ltd purchased a new stake in Brookdale Senior Living in the 4th quarter worth $33,000. Legal & General Group Plc increased its holdings in shares of Brookdale Senior Living by 4.7% in the fourth quarter. Legal & General Group Plc now owns 219,560 shares of the company’s stock worth $1,104,000 after purchasing an additional 9,851 shares during the last quarter. Swiss National Bank lifted its position in shares of Brookdale Senior Living by 2.9% in the fourth quarter. Swiss National Bank now owns 368,439 shares of the company’s stock worth $1,853,000 after buying an additional 10,500 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Brookdale Senior Living by 9.9% during the fourth quarter. Principal Financial Group Inc. now owns 150,025 shares of the company’s stock valued at $755,000 after buying an additional 13,494 shares during the last quarter. Finally, Bank of Montreal Can grew its holdings in Brookdale Senior Living by 9.0% during the 4th quarter. Bank of Montreal Can now owns 162,930 shares of the company’s stock valued at $820,000 after buying an additional 13,501 shares in the last quarter.

Analysts Set New Price Targets

BKD has been the topic of several recent research reports. Macquarie reaffirmed an “outperform” rating and set a $8.00 price objective on shares of Brookdale Senior Living in a report on Wednesday, March 12th. Barclays upped their price target on shares of Brookdale Senior Living from $7.00 to $7.50 and gave the company an “equal weight” rating in a research note on Wednesday. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $8.00 price objective on shares of Brookdale Senior Living in a research note on Thursday, April 10th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $7.50.

Brookdale Senior Living Stock Performance

NYSE:BKD opened at $6.24 on Friday. The firm has a market capitalization of $1.25 billion, a PE ratio of -7.01 and a beta of 0.87. The stock’s fifty day moving average is $5.74 and its 200 day moving average is $5.57. Brookdale Senior Living Inc. has a fifty-two week low of $4.45 and a fifty-two week high of $8.12. The company has a debt-to-equity ratio of 20.05, a quick ratio of 0.88 and a current ratio of 0.88.

Brookdale Senior Living (NYSE:BKD) last released its earnings results on Tuesday, February 18th. The company reported ($0.37) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.16) by ($0.21). The firm had revenue of $780.95 million during the quarter, compared to the consensus estimate of $781.78 million. Brookdale Senior Living had a negative return on equity of 65.92% and a negative net margin of 6.46%. On average, sell-side analysts anticipate that Brookdale Senior Living Inc. will post -0.56 earnings per share for the current year.

Brookdale Senior Living Profile

Brookdale Senior Living Inc owns, manages, and operates senior living communities in the United States. It operates in three segments: Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs). 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 seniors.