VIRGINIA RETIREMENT SYSTEMS ET Al Purchases Shares of 139,835 Brookdale Senior Living Inc. $BKD

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Brookdale Senior Living Inc. (NYSE:BKD) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 139,835 shares of the company’s stock, valued at approximately $973,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned about 0.06% of Brookdale Senior Living as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Allspring Global Investments Holdings LLC increased its holdings in shares of Brookdale Senior Living by 124.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 772,095 shares of the company’s stock valued at $4,718,000 after purchasing an additional 428,802 shares during the last quarter. Assenagon Asset Management S.A. raised its stake in Brookdale Senior Living by 647.2% during the second quarter. Assenagon Asset Management S.A. now owns 1,307,068 shares of the company’s stock worth $9,097,000 after acquiring an additional 1,132,138 shares in the last quarter. Anson Funds Management LP increased its stake in shares of Brookdale Senior Living by 199.4% in the first quarter. Anson Funds Management LP now owns 538,880 shares of the company’s stock valued at $3,373,000 after buying an additional 358,880 shares during the period. GAMMA Investing LLC increased its stake in shares of Brookdale Senior Living by 1,999.4% in the first quarter. GAMMA Investing LLC now owns 7,180 shares of the company’s stock valued at $45,000 after buying an additional 6,838 shares during the period. Finally, American Century Companies Inc. increased its stake in shares of Brookdale Senior Living by 7.7% in the first quarter. American Century Companies Inc. now owns 2,234,645 shares of the company’s stock valued at $13,989,000 after buying an additional 159,098 shares during the period.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Royal Bank Of Canada reissued an “outperform” rating and set a $9.00 target price on shares of Brookdale Senior Living in a research report on Wednesday, July 9th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Brookdale Senior Living in a report on Wednesday, October 8th. Wall Street Zen upgraded Brookdale Senior Living from a “sell” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, Barclays set a $8.00 price objective on Brookdale Senior Living and gave the company an “equal weight” rating in a research note on Thursday, August 7th. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $8.33.

Brookdale Senior Living Stock Up 0.2%

BKD stock opened at $8.72 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 39.87. The firm has a market capitalization of $2.04 billion, a PE ratio of -8.30 and a beta of 0.90. Brookdale Senior Living Inc. has a twelve month low of $4.45 and a twelve month high of $9.09. The stock has a 50-day simple moving average of $8.02 and a two-hundred day simple moving average of $7.25.

Brookdale Senior Living (NYSE:BKD) last posted its earnings results on Wednesday, August 6th. The company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.04). The company had revenue of $812.94 million for the quarter, compared to analysts’ expectations of $817.63 million. Brookdale Senior Living had a negative net margin of 7.60% and a negative return on equity of 107.19%. On average, equities analysts predict that Brookdale Senior Living Inc. will post -0.56 EPS for the current fiscal year.

Brookdale Senior Living Company Profile

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.