Brookdale Senior Living Inc. (NYSE:BKD) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Brookdale Senior Living Inc. (NYSE:BKD) have been given a consensus recommendation of “Hold” by the five analysts that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and three have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $7.70.

Several equities analysts have recently issued reports on the stock. Barclays raised their price target on shares of Brookdale Senior Living from $7.00 to $7.50 and gave the company an “equal weight” rating in a research note on Wednesday, April 16th. Macquarie reaffirmed an “outperform” rating and set a $8.00 price target on shares of Brookdale Senior Living in a research note on Wednesday, March 12th. Finally, Royal Bank of Canada raised their price target on shares of Brookdale Senior Living from $8.00 to $9.00 and gave the company an “outperform” rating in a research note on Thursday, May 8th.

Brookdale Senior Living Price Performance

Shares of NYSE:BKD opened at $6.43 on Wednesday. The company has a market cap of $1.51 billion, a price-to-earnings ratio of -7.22 and a beta of 0.83. The company has a debt-to-equity ratio of 20.05, a current ratio of 0.88 and a quick ratio of 0.88. The firm has a 50 day simple moving average of $6.26 and a 200 day simple moving average of $5.62. Brookdale Senior Living has a one year low of $4.45 and a one year high of $8.12.

Brookdale Senior Living (NYSE:BKD) last issued its quarterly earnings data on Tuesday, May 6th. The company reported ($0.11) EPS for the quarter, meeting the consensus estimate of ($0.11). Brookdale Senior Living had a negative net margin of 6.46% and a negative return on equity of 65.92%. Research analysts predict that Brookdale Senior Living will post -0.56 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Brookdale Senior Living

A number of hedge funds have recently bought and sold shares of BKD. Optimize Financial Inc grew its holdings in Brookdale Senior Living by 8.5% in the first quarter. Optimize Financial Inc now owns 24,294 shares of the company’s stock worth $152,000 after purchasing an additional 1,902 shares during the period. MetLife Investment Management LLC grew its holdings in Brookdale Senior Living by 1.8% in the fourth quarter. MetLife Investment Management LLC now owns 112,878 shares of the company’s stock worth $568,000 after purchasing an additional 1,953 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Brookdale Senior Living by 2.1% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 134,060 shares of the company’s stock worth $674,000 after purchasing an additional 2,821 shares during the period. Rhumbline Advisers grew its holdings in Brookdale Senior Living by 2.2% in the first quarter. Rhumbline Advisers now owns 280,596 shares of the company’s stock worth $1,757,000 after purchasing an additional 5,949 shares during the period. Finally, AQR Capital Management LLC grew its holdings in Brookdale Senior Living by 34.2% in the first quarter. AQR Capital Management LLC now owns 25,506 shares of the company’s stock worth $160,000 after purchasing an additional 6,507 shares during the period.

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.