63,554 Shares in Brookdale Senior Living Inc. $BKD Purchased by Bosun Asset Management LLC

Bosun Asset Management LLC purchased a new stake in shares of Brookdale Senior Living Inc. (NYSE:BKD) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 63,554 shares of the company’s stock, valued at approximately $442,000.

Several other large investors have also recently added to or reduced their stakes in BKD. PNC Financial Services Group Inc. acquired a new stake in shares of Brookdale Senior Living during the 1st quarter worth approximately $47,000. Strs Ohio acquired a new stake in Brookdale Senior Living during the first quarter worth $61,000. R Squared Ltd bought a new stake in Brookdale Senior Living in the 2nd quarter valued at $126,000. Walleye Capital LLC bought a new stake in Brookdale Senior Living in the 1st quarter valued at $130,000. Finally, Optimize Financial Inc raised its stake in shares of Brookdale Senior Living by 8.5% in the 1st quarter. Optimize Financial Inc now owns 24,294 shares of the company’s stock valued at $152,000 after buying an additional 1,902 shares in the last quarter.

Wall Street Analyst Weigh In

BKD has been the topic of several recent research reports. Royal Bank Of Canada lifted their target price on shares of Brookdale Senior Living from $9.00 to $13.00 and gave the company an “outperform” rating in a research report on Monday, November 17th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Brookdale Senior Living in a report on Wednesday, October 8th. Barclays raised Brookdale Senior Living from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $8.00 to $14.00 in a report on Monday, November 10th. Finally, Wall Street Zen raised Brookdale Senior Living from a “sell” rating to a “hold” rating in a research note on Sunday, November 23rd. Three analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $11.67.

Brookdale Senior Living Stock Performance

NYSE BKD opened at $10.78 on Monday. Brookdale Senior Living Inc. has a 1-year low of $4.45 and a 1-year high of $11.38. The company has a 50 day moving average of $9.52 and a 200-day moving average of $8.10. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 39.87. The firm has a market cap of $2.56 billion, a price-to-earnings ratio of -8.23 and a beta of 0.66.

Brookdale Senior Living (NYSE:BKD) last released its quarterly earnings results on Thursday, November 6th. The company reported ($0.20) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.04). Brookdale Senior Living had a negative return on equity of 173.75% and a negative net margin of 9.52%.The business had revenue of $813.17 million for the quarter, compared to the consensus estimate of $825.59 million. On average, equities analysts forecast that Brookdale Senior Living Inc. will post -0.56 earnings per share 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.