Sculptor Capital LP Takes Position in Brookdale Senior Living Inc. $BKD

Sculptor Capital LP purchased a new stake in shares of Brookdale Senior Living Inc. (NYSE:BKD) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 1,200,000 shares of the company’s stock, valued at approximately $12,948,000.

Other large investors have also recently modified their holdings of the company. Caitong International Asset Management Co. Ltd boosted its position in shares of Brookdale Senior Living by 44,583.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,681 shares of the company’s stock valued at $29,000 after acquiring an additional 2,675 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in shares of Brookdale Senior Living during the 4th quarter valued at about $62,000. Larson Financial Group LLC bought a new stake in shares of Brookdale Senior Living during the 3rd quarter valued at about $59,000. KBC Group NV bought a new stake in shares of Brookdale Senior Living during the 4th quarter valued at about $84,000. Finally, Strs Ohio bought a new stake in shares of Brookdale Senior Living during the 1st quarter valued at about $61,000.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on BKD. Zacks Research downgraded Brookdale Senior Living from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Royal Bank Of Canada reiterated an “outperform” rating on shares of Brookdale Senior Living in a research report on Friday, February 20th. Weiss Ratings downgraded Brookdale Senior Living from a “sell (d)” rating to a “sell (d-)” rating in a research report on Wednesday, May 27th. Compass Point initiated coverage on Brookdale Senior Living in a research report on Monday. They set a “buy” rating and a $22.00 price target for the company. Finally, Stephens initiated coverage on Brookdale Senior Living in a report on Thursday, April 9th. They set an “overweight” rating and a $18.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $17.60.

Brookdale Senior Living Price Performance

Shares of Brookdale Senior Living stock opened at $13.56 on Tuesday. The business’s 50 day simple moving average is $13.34 and its two-hundred day simple moving average is $13.15. The stock has a market capitalization of $3.24 billion, a P/E ratio of -15.77 and a beta of 0.63. Brookdale Senior Living Inc. has a one year low of $6.59 and a one year high of $17.09.

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

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.