Sculptor Capital LP Acquires Shares of 1,200,000 Brookdale Senior Living Inc. $BKD

Sculptor Capital LP acquired a new stake in Brookdale Senior Living Inc. (NYSE:BKD) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 1,200,000 shares of the company’s stock, valued at approximately $12,948,000. Sculptor Capital LP owned 0.50% of Brookdale Senior Living at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Wellington Management Group LLP grew its stake in Brookdale Senior Living by 24.5% in the 3rd quarter. Wellington Management Group LLP now owns 11,609,307 shares of the company’s stock valued at $98,331,000 after purchasing an additional 2,282,151 shares during the period. Bank of America Corp DE grew its stake in Brookdale Senior Living by 3.8% in the 2nd quarter. Bank of America Corp DE now owns 6,507,559 shares of the company’s stock valued at $45,293,000 after purchasing an additional 238,042 shares during the period. Geode Capital Management LLC grew its stake in Brookdale Senior Living by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 5,469,453 shares of the company’s stock valued at $59,025,000 after purchasing an additional 42,375 shares during the period. State Street Corp grew its stake in Brookdale Senior Living by 3.5% in the 4th quarter. State Street Corp now owns 5,408,898 shares of the company’s stock valued at $58,362,000 after purchasing an additional 185,205 shares during the period. Finally, American Century Companies Inc. grew its stake in Brookdale Senior Living by 2.3% in the 3rd quarter. American Century Companies Inc. now owns 3,534,675 shares of the company’s stock valued at $29,939,000 after purchasing an additional 79,962 shares during the period.

Analyst Upgrades and Downgrades

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

Brookdale Senior Living Stock Performance

Shares of BKD opened at $13.56 on Tuesday. The stock’s 50-day simple moving average is $13.34 and its 200 day simple moving average is $13.15. The stock has a market capitalization of $3.24 billion, a price-to-earnings ratio of -15.77 and a beta of 0.63. Brookdale Senior Living Inc. has a 52-week low of $6.59 and a 52-week high of $17.09.

Brookdale Senior Living (NYSE:BKD) last issued its quarterly earnings data 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). The company had revenue of $764.86 million for 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%. On average, research analysts forecast 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.