Sculptor Capital LP Grows Position in Brookdale Senior Living Inc. $BKD

Sculptor Capital LP increased its holdings in Brookdale Senior Living Inc. (NYSE:BKD) by 48.3% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 1,780,000 shares of the company’s stock after buying an additional 580,000 shares during the quarter. Sculptor Capital LP’s holdings in Brookdale Senior Living were worth $24,350,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd lifted its stake in Brookdale Senior Living by 44,583.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,681 shares of the company’s stock valued at $29,000 after acquiring an additional 2,675 shares during the period. Larson Financial Group LLC bought a new stake in shares of Brookdale Senior Living in the third quarter worth approximately $59,000. Strs Ohio purchased a new position in shares of Brookdale Senior Living during the first quarter valued at approximately $61,000. FNY Investment Advisers LLC purchased a new position in shares of Brookdale Senior Living during the fourth quarter valued at approximately $62,000. Finally, KBC Group NV bought a new position in Brookdale Senior Living during the fourth quarter valued at approximately $84,000.

Analyst Ratings Changes

Several brokerages recently issued reports on BKD. Weiss Ratings cut shares of Brookdale Senior Living from a “sell (d)” rating to a “sell (d-)” rating in a report on Wednesday, May 27th. Compass Point started coverage on shares of Brookdale Senior Living in a research note on Monday, June 15th. They set a “buy” rating and a $22.00 target price for the company. Stephens started coverage on Brookdale Senior Living in a report on Thursday, April 9th. They set an “overweight” rating and a $18.00 price target on the stock. Finally, Zacks Research downgraded Brookdale Senior Living from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Brookdale Senior Living currently has a consensus rating of “Moderate Buy” and a consensus price target of $17.60.

Brookdale Senior Living Stock Down 0.1%

NYSE BKD opened at $15.13 on Monday. Brookdale Senior Living Inc. has a 52 week low of $6.99 and a 52 week high of $17.09. The firm has a market capitalization of $3.61 billion, a P/E ratio of -17.60 and a beta of 0.58. The company has a 50-day moving average price of $14.04 and a 200-day moving average price of $13.99.

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

Brookdale Senior Living 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.