139,835 Shares in Brookdale Senior Living Inc. $BKD Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Brookdale Senior Living Inc. (NYSE:BKD) in the second quarter, Holdings Channel reports. The institutional investor bought 139,835 shares of the company’s stock, valued at approximately $973,000.

A number of other hedge funds also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC lifted its position in Brookdale Senior Living by 17.0% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 903,408 shares of the company’s stock worth $6,188,000 after buying an additional 131,313 shares during the last quarter. KLP Kapitalforvaltning AS lifted its position in Brookdale Senior Living by 7.0% in the second quarter. KLP Kapitalforvaltning AS now owns 35,100 shares of the company’s stock valued at $244,000 after purchasing an additional 2,300 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in Brookdale Senior Living by 647.2% in the second quarter. Assenagon Asset Management S.A. now owns 1,307,068 shares of the company’s stock valued at $9,097,000 after purchasing an additional 1,132,138 shares during the last quarter. Militia Capital Partners LP lifted its position in Brookdale Senior Living by 5.8% in the first quarter. Militia Capital Partners LP now owns 25,600 shares of the company’s stock valued at $160,000 after purchasing an additional 1,400 shares during the last quarter. Finally, Rhumbline Advisers lifted its position in Brookdale Senior Living by 2.2% in the first quarter. Rhumbline Advisers now owns 280,596 shares of the company’s stock valued at $1,757,000 after purchasing an additional 5,949 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of Brookdale Senior Living in a research report on Wednesday, October 8th. Wall Street Zen upgraded Brookdale Senior Living from a “sell” rating to a “hold” rating in a research report on Saturday, August 9th. Barclays set a $8.00 price objective on Brookdale Senior Living and gave the company an “equal weight” rating in a research report on Thursday, August 7th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $9.00 price objective on shares of Brookdale Senior Living in a research report on Wednesday, July 9th. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $8.33.

Brookdale Senior Living Stock Up 0.2%

Shares of Brookdale Senior Living stock opened at $8.72 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 39.87. The company’s fifty day simple moving average is $8.02 and its two-hundred day simple moving average is $7.25. The company has a market cap of $2.04 billion, a P/E ratio of -8.30 and a beta of 0.90. Brookdale Senior Living Inc. has a 12-month low of $4.45 and a 12-month high of $9.09.

Brookdale Senior Living (NYSE:BKD) last issued its quarterly earnings data on Wednesday, August 6th. The company reported ($0.18) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.04). The company had revenue of $812.94 million for the quarter, compared to analysts’ expectations of $817.63 million. Brookdale Senior Living had a negative net margin of 7.60% and a negative return on equity of 107.19%. Research analysts anticipate that Brookdale Senior Living Inc. will post -0.56 EPS for the current year.

About Brookdale Senior Living

Brookdale Senior Living Inc owns, manages, and operates senior living communities in the United States. It operates in three segments: Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs). 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 seniors.