Brookdale Senior Living (NYSE:BKD) Stock: Insider C Christian Winkle Acquires 40,000 Shares

Brookdale Senior Living Inc. (NYSE:BKD) Director C Christian Winkle acquired 40,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 10th. The stock was acquired at an average price of $8.95 per share, with a total value of $358,000.00. Following the completion of the transaction, the director directly owned 40,000 shares in the company, valued at $358,000. This trade represents a ? increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Brookdale Senior Living Stock Performance

BKD stock traded down $0.24 during mid-day trading on Thursday, hitting $8.97. 11,991,830 shares of the company were exchanged, compared to its average volume of 5,027,133. The firm has a market cap of $2.15 billion, a P/E ratio of -56.09 and a beta of 0.55. The firm’s 50 day simple moving average is $10.75 and its 200 day simple moving average is $13.21. Brookdale Senior Living Inc. has a 1-year low of $8.79 and a 1-year high of $17.09.

Brookdale Senior Living (NYSE:BKD) last released its quarterly earnings results on Friday, November 6th. The company reported ($0.06) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.03). Brookdale Senior Living had a negative net margin of 1.27% and a negative return on equity of 15,050.32%. The company had revenue of $712.07 million during the quarter, compared to analyst estimates of $721.26 million. On average, equities research analysts predict that Brookdale Senior Living Inc. will post -0.05 EPS for the current fiscal year.

Institutional Trading of Brookdale Senior Living

Institutional investors have recently made changes to their positions in the business. WCM Investment Management LLC acquired a new stake in shares of Brookdale Senior Living in the first quarter valued at about $171,681,000. Wellington Management Group LLP raised its stake in shares of Brookdale Senior Living by 9.1% during the 2nd quarter. Wellington Management Group LLP now owns 9,633,343 shares of the company’s stock worth $155,000,000 after purchasing an additional 802,736 shares in the last quarter. Maple Rock Capital Partners Inc. boosted its holdings in shares of Brookdale Senior Living by 9.0% in the 2nd quarter. Maple Rock Capital Partners Inc. now owns 8,888,148 shares of the company’s stock valued at $143,010,000 after buying an additional 731,000 shares during the last quarter. Renaissance Technologies LLC boosted its holdings in shares of Brookdale Senior Living by 20.4% in the 1st quarter. Renaissance Technologies LLC now owns 7,663,564 shares of the company’s stock valued at $104,838,000 after buying an additional 1,300,100 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in shares of Brookdale Senior Living by 3.5% in the first quarter. Dimensional Fund Advisors LP now owns 5,194,941 shares of the company’s stock valued at $71,061,000 after buying an additional 173,454 shares in the last quarter.

Analysts Set New Price Targets

BKD has been the subject of a number of research reports. Zacks Research cut Brookdale Senior Living from a “strong-buy” rating to a “strong sell” rating in a report on Monday. Stephens dropped their price target on Brookdale Senior Living from $17.00 to $12.00 and set an “overweight” rating on the stock in a research note on Monday. Weiss Ratings restated a “sell (d-)” rating on shares of Brookdale Senior Living in a report on Monday, August 24th. Finally, Barclays reduced their price objective on Brookdale Senior Living from $17.00 to $14.00 and set an “overweight” rating for the company in a research report on Tuesday. Six analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $15.60.

Brookdale Senior Living Company Profile

Brookdale Senior Living Inc. operates senior living communities in the United States, serving older adults with a range of housing and care options. Its offerings include independent living, assisted living and memory care, with services tailored to residents’ needs and levels of independence. Community services may include meals, housekeeping, transportation, wellness programs and social activities, alongside personal assistance and specialized support for residents with memory-related conditions.