Thames Capital Management LLC Purchases Shares of 531,255 Brookdale Senior Living Inc. $BKD

Thames Capital Management LLC purchased a new stake in Brookdale Senior Living Inc. (NYSE:BKD) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 531,255 shares of the company’s stock, valued at approximately $5,732,000.

Other large investors also recently bought and sold shares of the company. Victory Capital Management Inc. lifted its holdings in Brookdale Senior Living by 16.8% in the third quarter. Victory Capital Management Inc. now owns 2,493,480 shares of the company’s stock valued at $21,120,000 after acquiring an additional 358,012 shares during the period. Quinn Opportunity Partners LLC lifted its holdings in Brookdale Senior Living by 183.0% in the third quarter. Quinn Opportunity Partners LLC now owns 402,090 shares of the company’s stock valued at $3,406,000 after acquiring an additional 260,000 shares during the period. CenterBook Partners LP purchased a new stake in shares of Brookdale Senior Living in the third quarter valued at approximately $2,181,000. Iron Triangle Partners LP increased its position in shares of Brookdale Senior Living by 67.0% in the third quarter. Iron Triangle Partners LP now owns 2,838,361 shares of the company’s stock valued at $24,041,000 after buying an additional 1,138,361 shares in the last quarter. Finally, Mason Capital Management LLC purchased a new stake in shares of Brookdale Senior Living in the third quarter valued at approximately $20,971,000.

Brookdale Senior Living Stock Performance

Shares of BKD opened at $12.90 on Friday. Brookdale Senior Living Inc. has a one year low of $6.26 and a one year high of $17.09. The stock has a market capitalization of $3.08 billion, a price-to-earnings ratio of -15.00 and a beta of 0.68. The stock has a 50 day moving average price of $13.62 and a 200 day moving average price of $12.98.

Brookdale Senior Living (NYSE:BKD) last issued its quarterly earnings results on Wednesday, May 6th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate 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 firm had revenue of $764.86 million for the quarter, compared to analysts’ expectations of $771.16 million. On average, analysts predict that Brookdale Senior Living Inc. will post -0.1 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Zacks Research cut Brookdale Senior Living from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Weiss Ratings cut Brookdale Senior Living from a “sell (d)” rating to a “sell (d-)” rating in a research report on Wednesday. Stephens assumed coverage on Brookdale Senior Living in a research report on Thursday, April 9th. They issued an “overweight” rating and a $18.00 price objective for the company. Royal Bank Of Canada restated an “outperform” rating on shares of Brookdale Senior Living in a research report on Friday, February 20th. Finally, Barclays boosted their price objective on Brookdale Senior Living to $18.00 and gave the company an “overweight” rating in a research report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $16.50.

About Brookdale Senior Living

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.