Maple Rock Capital Partners Inc. Has $143.01 Million Stock Holdings in Brookdale Senior Living Inc. $BKD

Maple Rock Capital Partners Inc. grew its position in Brookdale Senior Living Inc. (NYSE:BKD) by 9.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,888,148 shares of the company’s stock after buying an additional 731,000 shares during the quarter. Brookdale Senior Living accounts for 2.8% of Maple Rock Capital Partners Inc.’s holdings, making the stock its 9th largest holding. Maple Rock Capital Partners Inc.’s holdings in Brookdale Senior Living were worth $143,010,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Beaconlight Capital LLC purchased a new position in shares of Brookdale Senior Living during the second quarter valued at $5,872,000. Senator Investment Group LP lifted its stake in Brookdale Senior Living by 16.3% in the second quarter. Senator Investment Group LP now owns 2,859,263 shares of the company’s stock worth $46,006,000 after acquiring an additional 400,000 shares during the period. Two Sigma Securities LLC purchased a new stake in Brookdale Senior Living in the second quarter worth about $192,000. Northwestern Mutual Wealth Management Co. lifted its stake in Brookdale Senior Living by 86.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,689 shares of the company’s stock worth $43,000 after acquiring an additional 1,244 shares during the period. Finally, Wellington Management Group LLP grew its holdings in Brookdale Senior Living by 9.1% during the 2nd quarter. Wellington Management Group LLP now owns 9,633,343 shares of the company’s stock worth $155,000,000 after acquiring an additional 802,736 shares in the last quarter.

Brookdale Senior Living Trading Up 0.8%

BKD opened at $11.81 on Tuesday. The firm has a market cap of $2.82 billion, a price-to-earnings ratio of -20.36, a PEG ratio of 5.67 and a beta of 0.60. Brookdale Senior Living Inc. has a 12 month low of $7.29 and a 12 month high of $17.09. The stock has a fifty day moving average price of $14.11 and a 200-day moving average price of $14.00.

Brookdale Senior Living (NYSE:BKD) last issued its quarterly earnings data on Monday, August 10th. The company reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.16. Brookdale Senior Living had a negative return on equity of 15,050.32% and a negative net margin of 4.53%.The company had revenue of $718.58 million for the quarter, compared to the consensus estimate of $735.63 million. On average, equities research analysts forecast that Brookdale Senior Living Inc. will post 0.06 EPS for the current year.

Analyst Ratings Changes

BKD has been the topic of a number of research reports. Barclays cut their target price on shares of Brookdale Senior Living from $18.00 to $17.00 and set an “overweight” rating on the stock in a research report on Tuesday, August 11th. Compass Point initiated coverage on shares of Brookdale Senior Living in a research report on Monday, June 15th. They issued a “buy” rating and a $22.00 price target for the company. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Brookdale Senior Living in a research note on Monday, August 24th. One 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 assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $17.40.

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.