Aigen Investment Management LP Takes Position in Brookdale Senior Living Inc. $BKD

Aigen Investment Management LP purchased a new stake in Brookdale Senior Living Inc. (NYSE:BKD) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 58,962 shares of the company’s stock, valued at approximately $636,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Royal Bank of Canada boosted its position in shares of Brookdale Senior Living by 3.4% in the 1st quarter. Royal Bank of Canada now owns 1,100,420 shares of the company’s stock worth $6,888,000 after purchasing an additional 36,604 shares in the last quarter. AQR Capital Management LLC lifted its position in Brookdale Senior Living by 34.2% during the 1st quarter. AQR Capital Management LLC now owns 25,506 shares of the company’s stock worth $160,000 after acquiring an additional 6,507 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Brookdale Senior Living by 3.2% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 138,383 shares of the company’s stock worth $866,000 after acquiring an additional 4,323 shares during the period. Millennium Management LLC lifted its position in Brookdale Senior Living by 67.7% during the 1st quarter. Millennium Management LLC now owns 2,171,161 shares of the company’s stock worth $13,591,000 after acquiring an additional 876,222 shares during the period. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in Brookdale Senior Living during the 1st quarter worth about $181,000.

Analysts Set New Price Targets

BKD has been the subject of a number of research reports. Stephens initiated coverage on Brookdale Senior Living in a research report on Thursday, April 9th. They set an “overweight” rating and a $18.00 price target for the company. Weiss Ratings cut Brookdale Senior Living from a “sell (d)” rating to a “sell (d-)” rating in a research report on Wednesday, May 27th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Brookdale Senior Living in a research report on Friday, February 20th. Finally, Zacks Research lowered Brookdale Senior Living from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $16.50.

Brookdale Senior Living Stock Down 0.5%

Shares of Brookdale Senior Living stock opened at $13.36 on Monday. Brookdale Senior Living Inc. has a twelve month low of $6.59 and a twelve month high of $17.09. The business has a 50-day moving average price of $13.35 and a 200 day moving average price of $13.14. The firm has a market cap of $3.19 billion, a PE ratio of -15.54 and a beta of 0.63.

Brookdale Senior Living (NYSE:BKD) last posted its quarterly earnings data on Wednesday, May 6th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.01). Brookdale Senior Living had a negative return on equity of 15,050.32% and a negative net margin of 6.51%.The firm had revenue of $764.86 million for the quarter, compared to analysts’ expectations of $771.16 million. On average, sell-side analysts expect that Brookdale Senior Living Inc. will post -0.1 EPS for the current year.

About Brookdale Senior Living

Brookdale Senior Living Inc (NYSE: BKD) is one of the nation’s largest operators of senior living communities, offering a full spectrum of living options that includes independent living, assisted living, memory care, continuing care retirement communities, respite care and skilled nursing services. The company emphasizes programs and amenities that support wellness, social engagement and overall quality of life for older adults.

Across the United States and Puerto Rico, Brookdale manages more than 700 communities serving tens of thousands of residents.