Insider Selling: Glenn O. Maul Sells 11,484 Shares of Brookdale Senior Living Stock (BKD)
Brookdale Senior Living (NYSE:BKD) EVP Glenn O. Maul sold 11,484 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $32.58, for a total value of $374,148.72. Following the sale, the executive vice president now directly owns 80,596 shares of the company’s stock, valued at approximately $2,625,818. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
A number of research firms have recently commented on BKD. 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 assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $38.83.
Shares of Brookdale Senior Living (NYSE:BKD) opened at 34.03 on Wednesday. Brookdale Senior Living has a 52-week low of $24.42 and a 52-week high of $36.18. The stock’s 50-day moving average is $34.29 and its 200-day moving average is $32.69. The company’s market cap is $5.887 billion.
Brookdale Senior Living (NYSE:BKD) last posted its quarterly 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. Analysts expect that Brookdale Senior Living will post $-0.20 EPS 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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