Brookdale Senior Living Inc. $BKD Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets increased its stake in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 15.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,831,442 shares of the company’s stock after acquiring an additional 247,461 shares during the quarter. BNP Paribas Financial Markets owned about 0.77% of Brookdale Senior Living worth $19,761,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Larson Financial Group LLC purchased a new position in shares of Brookdale Senior Living in the third quarter valued at $59,000. Strs Ohio bought a new position in Brookdale Senior Living during the 1st quarter valued at $61,000. FNY Investment Advisers LLC acquired a new stake in shares of Brookdale Senior Living during the fourth quarter worth $62,000. KBC Group NV acquired a new stake in shares of Brookdale Senior Living during the fourth quarter worth $84,000. Finally, Oppenheimer Asset Management Inc. acquired a new stake in shares of Brookdale Senior Living in the 3rd quarter worth about $85,000.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on BKD. Royal Bank Of Canada restated an “outperform” rating on shares of Brookdale Senior Living in a research report on Friday, February 20th. Weiss Ratings cut shares of Brookdale Senior Living from a “sell (d)” rating to a “sell (d-)” rating in a report on Wednesday, May 27th. Zacks Research cut shares of Brookdale Senior Living from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Finally, Stephens assumed coverage on shares of Brookdale Senior Living in a research report on Thursday, April 9th. They set an “overweight” rating and a $18.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Brookdale Senior Living presently has a consensus rating of “Moderate Buy” and a consensus price target of $16.50.

Brookdale Senior Living Stock Performance

Shares of BKD opened at $12.34 on Friday. Brookdale Senior Living Inc. has a 52-week low of $6.48 and a 52-week high of $17.09. The business’s 50 day moving average price is $13.44 and its two-hundred day moving average price is $13.05. The firm has a market cap of $2.95 billion, a PE ratio of -14.35 and a beta of 0.63.

Brookdale Senior Living (NYSE:BKD) last issued its earnings results on Wednesday, May 6th. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $771.16 million. Research analysts predict that Brookdale Senior Living Inc. will post -0.1 EPS for the current fiscal year.

Brookdale Senior Living Company Profile

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.