Brookdale Senior Living Inc. (NYSE:BKD) – Stock analysts at Jefferies Group reduced their Q3 2016 earnings estimates for shares of Brookdale Senior Living in a research note issued on Monday. Jefferies Group analyst B. Tanquilut now expects that the brokerage will earn $0.62 per share for the quarter, down from their prior estimate of $0.64. Jefferies Group has a “Buy” rating and a $29.00 price objective on the stock. Jefferies Group also issued estimates for Brookdale Senior Living’s Q4 2016 earnings at $0.65 EPS.

Brookdale Senior Living (NYSE:BKD) last released its quarterly earnings data on Monday, August 8th. The company reported ($0.19) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.59 by $0.78. Brookdale Senior Living had a negative net margin of 6.54% and a positive return on equity of 10.13%. The business earned $1.26 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same period in the previous year, the business earned ($0.46) earnings per share. The business’s quarterly revenue was up 1.7% on a year-over-year basis.

BKD has been the subject of a number of other reports. JMP Securities decreased their price objective on Brookdale Senior Living from $30.00 to $29.00 and set a “market outperform” rating for the company in a report on Wednesday, August 24th. Zacks Investment Research lowered Brookdale Senior Living from a “hold” rating to a “sell” rating in a report on Monday, July 18th. Finally, Barclays PLC decreased their price objective on Brookdale Senior Living from $28.00 to $21.00 and set an “equal weight” rating for the company in a report on Wednesday, June 1st. Three analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company’s stock. Brookdale Senior Living currently has an average rating of “Buy” and an average target price of $24.83.

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Brookdale Senior Living (NYSE:BKD) traded down 2.09% during mid-day trading on Tuesday, hitting $17.82. The stock had a trading volume of 1,325,146 shares. The firm’s 50-day moving average price is $17.29 and its 200-day moving average price is $17.06. The stock’s market cap is $3.31 billion. Brookdale Senior Living has a 1-year low of $11.28 and a 1-year high of $26.49.

A number of institutional investors have recently bought and sold shares of BKD. Kennedy Capital Management Inc. increased its position in Brookdale Senior Living by 91.1% in the first quarter. Kennedy Capital Management Inc. now owns 505,180 shares of the company’s stock valued at $8,022,000 after buying an additional 240,815 shares during the last quarter. HBK Investments L P increased its stake in Brookdale Senior Living by 192.3% in the first quarter. HBK Investments L P now owns 185,000 shares of the company’s stock valued at $2,938,000 after buying an additional 121,700 shares in the last quarter. Wellington Management Group LLP increased its stake in Brookdale Senior Living by 2.3% in the first quarter. Wellington Management Group LLP now owns 1,228,942 shares of the company’s stock valued at $19,516,000 after buying an additional 27,266 shares in the last quarter. Geode Capital Management LLC increased its stake in Brookdale Senior Living by 5.5% in the first quarter. Geode Capital Management LLC now owns 1,141,459 shares of the company’s stock valued at $18,126,000 after buying an additional 59,787 shares in the last quarter. Finally, Altrinsic Global Advisors LLC increased its stake in Brookdale Senior Living by 20.6% in the first quarter. Altrinsic Global Advisors LLC now owns 292,452 shares of the company’s stock valued at $4,644,000 after buying an additional 50,000 shares in the last quarter.

About Brookdale Senior Living

Brookdale Senior Living Inc is engaged in the operation of senior living communities in the United States. The Company has five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services, and Management Services. Its Retirement Centers segment includes owned or leased communities that are designed for middle to upper income seniors.

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