Sherbrooke Park Advisers LLC Takes Position in Brookdale Senior Living Inc. (NYSE:BKD)

Sherbrooke Park Advisers LLC acquired a new stake in Brookdale Senior Living Inc. (NYSE:BKD) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 15,891 shares of the company’s stock, valued at approximately $80,000.

Other institutional investors also recently made changes to their positions in the company. R Squared Ltd bought a new stake in Brookdale Senior Living in the fourth quarter valued at approximately $33,000. Lazard Asset Management LLC increased its holdings in Brookdale Senior Living by 6,029.2% during the 4th quarter. Lazard Asset Management LLC now owns 9,868 shares of the company’s stock valued at $49,000 after purchasing an additional 9,707 shares during the period. Crestline Management LP purchased a new position in Brookdale Senior Living during the 4th quarter valued at about $64,000. Freestone Grove Partners LP purchased a new position in Brookdale Senior Living during the 4th quarter valued at about $65,000. Finally, Cibc World Markets Corp purchased a new position in Brookdale Senior Living during the 4th quarter valued at about $90,000.

Analyst Upgrades and Downgrades

BKD has been the topic of a number of research analyst reports. Macquarie restated an “outperform” rating and set a $8.00 price target on shares of Brookdale Senior Living in a report on Wednesday, March 12th. Barclays raised their price objective on Brookdale Senior Living from $7.00 to $7.50 and gave the company an “equal weight” rating in a research report on Wednesday, April 16th. Finally, Royal Bank of Canada raised their price objective on Brookdale Senior Living from $8.00 to $9.00 and gave the company an “outperform” rating in a research report on Thursday, May 8th. Two research analysts have rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $7.70.

Brookdale Senior Living Price Performance

BKD opened at $6.57 on Thursday. The company has a debt-to-equity ratio of 20.05, a quick ratio of 0.88 and a current ratio of 0.88. The stock has a market capitalization of $1.54 billion, a P/E ratio of -7.38 and a beta of 0.83. The company’s 50-day simple moving average is $6.25 and its two-hundred day simple moving average is $5.62. Brookdale Senior Living Inc. has a 52-week low of $4.45 and a 52-week high of $8.12.

Brookdale Senior Living (NYSE:BKD) last posted its quarterly earnings data on Tuesday, May 6th. The company reported ($0.11) EPS for the quarter, meeting analysts’ consensus estimates of ($0.11). Brookdale Senior Living had a negative return on equity of 65.92% and a negative net margin of 6.46%. As a group, analysts predict 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.