StockNews.com began coverage on shares of Brookdale Senior Living (NYSE:BKD – Get Rating) in a research note published on Thursday. The firm issued a hold rating on the stock.
A number of other equities research analysts have also recently issued reports on the company. Stifel Nicolaus cut Brookdale Senior Living from a buy rating to a hold rating and cut their target price for the company from $5.00 to $4.00 in a research note on Tuesday, January 17th. Royal Bank of Canada raised their target price on Brookdale Senior Living from $5.00 to $6.00 and gave the company a sector perform rating in a research note on Thursday, February 23rd.
Brookdale Senior Living Stock Performance
BKD stock opened at $2.61 on Thursday. The company has a debt-to-equity ratio of 6.86, a quick ratio of 0.99 and a current ratio of 0.99. The stock has a market capitalization of $488.59 million, a price-to-earnings ratio of -2.06 and a beta of 1.27. Brookdale Senior Living has a 1 year low of $2.37 and a 1 year high of $7.61. The stock’s fifty day moving average is $2.92 and its two-hundred day moving average is $3.58.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the business. Victory Capital Management Inc. increased its holdings in shares of Brookdale Senior Living by 7.7% during the fourth quarter. Victory Capital Management Inc. now owns 3,087,841 shares of the company’s stock valued at $8,430,000 after purchasing an additional 221,458 shares during the period. State of Wyoming grew its holdings in Brookdale Senior Living by 39.0% during the fourth quarter. State of Wyoming now owns 44,661 shares of the company’s stock worth $122,000 after acquiring an additional 12,526 shares during the period. Metropolitan Life Insurance Co NY grew its holdings in Brookdale Senior Living by 39.3% during the fourth quarter. Metropolitan Life Insurance Co NY now owns 13,647 shares of the company’s stock worth $37,000 after acquiring an additional 3,849 shares during the period. Jane Street Group LLC grew its holdings in Brookdale Senior Living by 109.1% during the fourth quarter. Jane Street Group LLC now owns 113,822 shares of the company’s stock worth $311,000 after acquiring an additional 59,379 shares during the period. Finally, Lazard Asset Management LLC acquired a new position in Brookdale Senior Living during the fourth quarter worth about $31,000.
Brookdale Senior Living Company Profile
Brookdale Senior Living, Inc engages in the operation of senior living communities. The firm manages independent living, assisted living and dementia-care communities and continuing care retirement centers. It operates through the following segments: Independent Living Assisted Living & Memory Care, CCRCs, Health Care Services and Management Services.
- Get a free copy of the StockNews.com research report on Brookdale Senior Living (BKD)
- MarketBeat Week in Review – 3/13 – 3/17
- This Small Tech With Big Growth Prospects Is Nearing A Buy Point
- Don’t Chase FedEx Higher, Wait For The Pullback
- 3 Stocks For A Defensive Tech Portfolio
- Milk the Dividends on These 3 Cash Cows
Receive News & Ratings for Brookdale Senior Living Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookdale Senior Living and related companies with MarketBeat.com's FREE daily email newsletter.