Janus Henderson Group PLC decreased its holdings in shares of Brookdale Senior Living, Inc. (NYSE:BKD) by 7.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 35,036 shares of the company’s stock after selling 2,759 shares during the quarter. Janus Henderson Group PLC’s holdings in Brookdale Senior Living were worth $253,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in BKD. Stephens Inc. AR lifted its position in shares of Brookdale Senior Living by 3.1% in the 1st quarter. Stephens Inc. AR now owns 658,542 shares of the company’s stock worth $4,333,000 after acquiring an additional 20,044 shares during the period. Strs Ohio bought a new stake in shares of Brookdale Senior Living in the 1st quarter worth approximately $838,000. Bank of America Corp DE lifted its position in shares of Brookdale Senior Living by 69.0% in the 4th quarter. Bank of America Corp DE now owns 330,687 shares of the company’s stock worth $2,215,000 after acquiring an additional 134,959 shares during the period. Virtu Financial LLC bought a new stake in shares of Brookdale Senior Living in the 1st quarter worth approximately $147,000. Finally, Marshall Wace LLP bought a new stake in shares of Brookdale Senior Living in the 1st quarter worth approximately $1,995,000. Hedge funds and other institutional investors own 91.22% of the company’s stock.
In related news, Director Frank M. Bumstead bought 10,000 shares of the business’s stock in a transaction that occurred on Monday, June 3rd. The stock was acquired at an average price of $6.12 per share, for a total transaction of $61,200.00. Following the transaction, the director now directly owns 201,019 shares of the company’s stock, valued at $1,230,236.28. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.20% of the stock is owned by company insiders.
Shares of BKD stock opened at $7.76 on Wednesday. The company has a current ratio of 0.68, a quick ratio of 0.68 and a debt-to-equity ratio of 6.29. The company has a market capitalization of $1.46 billion, a P/E ratio of -3.90 and a beta of 1.60. Brookdale Senior Living, Inc. has a 12 month low of $5.97 and a 12 month high of $10.00. The stock has a 50 day moving average of $7.92 and a two-hundred day moving average of $7.08.
Brookdale Senior Living (NYSE:BKD) last posted its earnings results on Monday, August 5th. The company reported ($0.30) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.28) by ($0.02). The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.01 billion. Brookdale Senior Living had a negative return on equity of 18.94% and a negative net margin of 0.09%. Brookdale Senior Living’s quarterly revenue was down 11.7% compared to the same quarter last year. During the same quarter last year, the business earned ($0.88) EPS. Sell-side analysts predict that Brookdale Senior Living, Inc. will post -1.04 earnings per share for the current fiscal year.
Brookdale Senior Living Profile
Brookdale Senior Living Inc owns and operates senior living communities in the United States. It operates through five segments: Independent Living, Assisted Living and Memory Care, CCRCs, Health Care Services, and Management Services. 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 senior citizens.
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