Jefferies Group set a $9.00 price target on Brookdale Senior Living (NYSE:BKD) in a report issued on Friday. The brokerage currently has a buy rating on the stock. Jefferies Group also issued estimates for Brookdale Senior Living’s FY2019 earnings at ($0.74) EPS.
Several other research analysts also recently commented on the stock. Stifel Nicolaus downgraded shares of Brookdale Senior Living from a buy rating to a hold rating and reduced their price target for the stock from $14.00 to $9.00 in a research note on Thursday. Zacks Investment Research downgraded shares of Brookdale Senior Living from a hold rating to a sell rating in a research report on Tuesday, February 13th. Stephens set a $16.00 target price on shares of Brookdale Senior Living and gave the company a buy rating in a research report on Monday, November 20th. Finally, Royal Bank of Canada cut their target price on shares of Brookdale Senior Living from $16.00 to $13.00 and set an outperform rating on the stock in a research report on Wednesday, November 8th. Three research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of $12.60.
Brookdale Senior Living (NYSE:BKD) opened at $6.82 on Friday. The company has a market cap of $1,270.00, a PE ratio of -1.85 and a beta of 1.64. Brookdale Senior Living has a 12 month low of $6.70 and a 12 month high of $15.66. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 3.23.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Xact Kapitalforvaltning AB purchased a new position in Brookdale Senior Living during the 4th quarter valued at about $181,000. Sterling Capital Management LLC increased its position in Brookdale Senior Living by 17.7% during the 4th quarter. Sterling Capital Management LLC now owns 164,037 shares of the company’s stock valued at $1,591,000 after purchasing an additional 24,707 shares during the period. Land & Buildings Investment Management LLC increased its position in Brookdale Senior Living by 36.3% during the 4th quarter. Land & Buildings Investment Management LLC now owns 6,816,974 shares of the company’s stock valued at $66,125,000 after purchasing an additional 1,816,200 shares during the period. Macquarie Group Ltd. increased its position in Brookdale Senior Living by 37.0% during the 4th quarter. Macquarie Group Ltd. now owns 6,239,637 shares of the company’s stock valued at $60,525,000 after purchasing an additional 1,684,547 shares during the period. Finally, Jane Street Group LLC increased its position in Brookdale Senior Living by 171.9% during the 4th quarter. Jane Street Group LLC now owns 83,601 shares of the company’s stock valued at $811,000 after purchasing an additional 199,812 shares during the period. 95.65% of the stock is currently owned by institutional investors and hedge funds.
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Brookdale Senior Living Company Profile
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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