Thames Capital Management LLC Acquires New Holdings in Brookdale Senior Living Inc. $BKD

Thames Capital Management LLC acquired a new stake in shares of Brookdale Senior Living Inc. (NYSE:BKD) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 531,255 shares of the company’s stock, valued at approximately $5,732,000. Thames Capital Management LLC owned approximately 0.22% of Brookdale Senior Living at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Victory Capital Management Inc. boosted 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 worth $21,120,000 after acquiring an additional 358,012 shares in the last quarter. Quinn Opportunity Partners LLC boosted 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 worth $3,406,000 after acquiring an additional 260,000 shares in the last quarter. CenterBook Partners LP acquired a new stake in Brookdale Senior Living in the third quarter worth about $2,181,000. Iron Triangle Partners LP boosted its holdings in 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 worth $24,041,000 after acquiring an additional 1,138,361 shares in the last quarter. Finally, Mason Capital Management LLC acquired a new stake in Brookdale Senior Living in the third quarter worth about $20,971,000.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on BKD shares. Zacks Research downgraded Brookdale Senior Living from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Weiss Ratings downgraded Brookdale Senior Living from a “sell (d)” rating to a “sell (d-)” rating in a report on Wednesday. Stephens started coverage on Brookdale Senior Living in a research note on Thursday, April 9th. They issued an “overweight” rating and a $18.00 price objective for the company. Barclays lifted their target price on Brookdale Senior Living to $18.00 and gave the stock an “overweight” rating in a report on Tuesday, February 3rd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Brookdale Senior Living in a report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Brookdale Senior Living presently has an average rating of “Moderate Buy” and an average target price of $16.50.

Brookdale Senior Living Stock Down 1.0%

Brookdale Senior Living stock opened at $12.90 on Friday. Brookdale Senior Living Inc. has a 52 week low of $6.26 and a 52 week high of $17.09. The company 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 announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). Brookdale Senior Living had a negative net margin of 6.51% and a negative return on equity of 15,050.32%. The company had revenue of $764.86 million during the quarter, compared to analyst estimates of $771.16 million. Research analysts anticipate that Brookdale Senior Living Inc. will post -0.1 EPS for the current fiscal year.

Brookdale Senior Living Profile

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.