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Brookdale Senior Living (NYSE:BKD) Director Mark J. Schulte sold 70,000 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, August 19th. The stock was sold at an average price of $33.78, for a total transaction of $2,364,600.00. Following the completion of the transaction, the director now directly owns 144,542 shares of the company’s stock, valued at approximately $4,882,629. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Several analysts have recently commented on the stock. Analysts at JMP Securities raised their price target on shares of Brookdale Senior Living from $40.00 to $46.00 in a research note on Tuesday. They now have an “outperform” rating on the stock. Separately, analysts at Zacks upgraded shares of Brookdale Senior Living from an “underperform” rating to a “neutral” rating in a research note on Tuesday, August 12th. They now have a $34.30 price target on the stock. Finally, analysts at Barclays raised their price target on shares of Brookdale Senior Living from $34.00 to $36.00 in a research note on Friday, August 8th. Two equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the stock. Brookdale Senior Living currently has an average rating of “Buy” and a consensus price target of $38.83.

Brookdale Senior Living (NYSE:BKD) traded down 0.21% during mid-day trading on Wednesday, hitting $33.96. 1,299,666 shares of the company’s stock traded hands. Brookdale Senior Living has a 1-year low of $24.42 and a 1-year high of $36.18. The stock’s 50-day moving average is $34.30 and its 200-day moving average is $32.70. The company’s market cap is $5.875 billion.

Brookdale Senior Living (NYSE:BKD) last announced its earnings results on Wednesday, August 6th. The company reported $0.71 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.05 by $0.66. The company had revenue of $748.39 million for the quarter, compared to the consensus estimate of $740.32 million. During the same quarter last year, the company posted ($0.04) earnings per share. Brookdale Senior Living’s revenue was up 4.5% compared to the same quarter last year. On average, analysts predict that Brookdale Senior Living will post $-0.20 earnings per share for the current fiscal year.

Brookdale Senior Living Inc (NYSE:BKD) is an owner and operator of senior living communities throughout the United States.

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