315,800 Shares in Brookdale Senior Living Inc. $BKD Purchased by Militia Capital Management LLC

Militia Capital Management LLC acquired a new stake in shares of Brookdale Senior Living Inc. (NYSE:BKD) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 315,800 shares of the company’s stock, valued at approximately $4,320,000. Brookdale Senior Living accounts for 0.9% of Militia Capital Management LLC’s portfolio, making the stock its 16th biggest holding.

Other hedge funds also recently added to or reduced their stakes in the company. NewEdge Wealth LLC bought a new stake in Brookdale Senior Living during the first quarter valued at about $1,094,000. First Trust Advisors LP raised its stake in shares of Brookdale Senior Living by 30.9% during the 1st quarter. First Trust Advisors LP now owns 907,132 shares of the company’s stock valued at $12,410,000 after buying an additional 213,917 shares during the last quarter. WCM Investment Management LLC acquired a new position in shares of Brookdale Senior Living in the 1st quarter valued at $171,681,000. Dimensional Fund Advisors LP boosted its position in Brookdale Senior Living by 3.5% during the first quarter. Dimensional Fund Advisors LP now owns 5,194,941 shares of the company’s stock worth $71,061,000 after purchasing an additional 173,454 shares in the last quarter. Finally, Principal Financial Group Inc. grew its position in shares of Brookdale Senior Living by 3.3% in the first quarter. Principal Financial Group Inc. now owns 276,784 shares of the company’s stock valued at $3,786,000 after purchasing an additional 8,868 shares during the period.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Zacks Research cut Brookdale Senior Living from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. 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 price target on the stock. Stephens began coverage on shares of Brookdale Senior Living in a research report on Thursday, April 9th. They set an “overweight” rating and a $18.00 target price on the stock. Finally, Weiss Ratings cut Brookdale Senior Living from a “sell (d)” rating to a “sell (d-)” rating in a research report on Wednesday, May 27th. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $17.60.

Brookdale Senior Living Stock Down 3.5%

NYSE:BKD opened at $14.65 on Thursday. The firm’s 50 day moving average is $13.97 and its two-hundred day moving average is $13.94. The company has a market cap of $3.50 billion, a P/E ratio of -17.04 and a beta of 0.58. Brookdale Senior Living Inc. has a fifty-two week low of $6.99 and a fifty-two week high of $17.09.

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

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.