Clough Capital Partners L P Has $5.74 Million Stock Position in Brookdale Senior Living Inc. $BKD

Clough Capital Partners L P decreased its position in Brookdale Senior Living Inc. (NYSE:BKD) by 11.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 532,300 shares of the company’s stock after selling 67,610 shares during the period. Clough Capital Partners L P owned approximately 0.22% of Brookdale Senior Living worth $5,744,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Quinn Opportunity Partners LLC grew its holdings in shares of Brookdale Senior Living by 183.0% in the 3rd quarter. Quinn Opportunity Partners LLC now owns 402,090 shares of the company’s stock valued at $3,406,000 after buying an additional 260,000 shares during the period. Victory Capital Management Inc. grew its holdings in shares of Brookdale Senior Living by 16.8% in the 3rd quarter. Victory Capital Management Inc. now owns 2,493,480 shares of the company’s stock valued at $21,120,000 after buying an additional 358,012 shares during the period. Iron Triangle Partners LP boosted its stake in Brookdale Senior Living by 67.0% in the 3rd quarter. Iron Triangle Partners LP now owns 2,838,361 shares of the company’s stock worth $24,041,000 after purchasing an additional 1,138,361 shares during the period. CenterBook Partners LP acquired a new position in Brookdale Senior Living in the 3rd quarter worth $2,181,000. Finally, Mason Capital Management LLC acquired a new position in Brookdale Senior Living in the 3rd quarter worth $20,971,000.

Brookdale Senior Living Stock Performance

Shares of NYSE:BKD opened at $13.63 on Thursday. Brookdale Senior Living Inc. has a 52-week low of $6.65 and a 52-week high of $17.09. The company has a market capitalization of $3.25 billion, a P/E ratio of -15.85 and a beta of 0.63. The company has a 50-day simple moving average of $13.34 and a 200 day simple moving average of $13.19.

Brookdale Senior Living (NYSE:BKD) last released its quarterly earnings data on Wednesday, May 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.01). Brookdale Senior Living had a negative net margin of 6.51% and a negative return on equity of 15,050.32%. The business had revenue of $764.86 million during the quarter, compared to the consensus estimate of $771.16 million. As a group, equities analysts forecast that Brookdale Senior Living Inc. will post -0.1 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on BKD shares. Compass Point started coverage on shares of Brookdale Senior Living in a research note on Monday. They issued a “buy” rating and a $22.00 target price for the company. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Brookdale Senior Living in a research note on Friday, February 20th. Stephens started coverage on shares of Brookdale Senior Living in a research note on Thursday, April 9th. They issued an “overweight” rating and a $18.00 target price for the company. Zacks Research lowered shares of Brookdale Senior Living from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Finally, Weiss Ratings lowered shares of Brookdale Senior Living from a “sell (d)” rating to a “sell (d-)” rating in a research note on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $17.60.

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.