Shares of Brookdale Senior Living, Inc. (NYSE:BKD) have been assigned a consensus rating of “Hold” from the seven research firms that are presently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation and four have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $14.25.
Several research analysts have commented on BKD shares. Stephens set a $16.00 target price on shares of Brookdale Senior Living and gave the stock a “buy” rating in a report on Monday, November 20th. Stifel Nicolaus decreased their target price on shares of Brookdale Senior Living from $16.00 to $14.00 and set a “buy” rating for the company in a report on Tuesday, November 7th. Zacks Investment Research upgraded shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a report on Wednesday, January 31st. Finally, Royal Bank of Canada decreased their price target on shares of Brookdale Senior Living from $16.00 to $13.00 and set an “outperform” rating for the company in a report on Wednesday, November 8th.
Brookdale Senior Living (NYSE BKD) opened at $8.90 on Wednesday. Brookdale Senior Living has a fifty-two week low of $8.78 and a fifty-two week high of $15.66. The company has a market cap of $1,714.80, a PE ratio of -1.93 and a beta of 1.64. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 3.23.
Hedge funds have recently bought and sold shares of the stock. Lee Danner & Bass Inc. boosted its holdings in shares of Brookdale Senior Living by 18.7% during the fourth quarter. Lee Danner & Bass Inc. now owns 1,128,174 shares of the company’s stock worth $10,943,000 after purchasing an additional 177,797 shares during the period. Nationwide Fund Advisors boosted its holdings in shares of Brookdale Senior Living by 268.9% during the third quarter. Nationwide Fund Advisors now owns 299,739 shares of the company’s stock worth $3,177,000 after purchasing an additional 218,490 shares during the period. Pax World Management LLC boosted its holdings in shares of Brookdale Senior Living by 17.6% during the third quarter. Pax World Management LLC now owns 1,151,286 shares of the company’s stock worth $12,204,000 after purchasing an additional 172,494 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Brookdale Senior Living by 21.0% during the third quarter. Dimensional Fund Advisors LP now owns 11,968,001 shares of the company’s stock worth $126,862,000 after purchasing an additional 2,080,341 shares during the period. Finally, Campbell & CO Investment Adviser LLC acquired a new stake in shares of Brookdale Senior Living during the third quarter worth approximately $353,000. Institutional investors and hedge funds own 95.65% of the company’s stock.
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About Brookdale Senior Living
Brookdale Senior Living Inc operates senior living communities in the United States. The Company operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). It operates through five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services and Management Services.
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