UBS Group AG trimmed its position in Brookdale Senior Living Inc. (NYSE:BKD – Free Report) by 92.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 266,079 shares of the company’s stock after selling 3,087,674 shares during the period. UBS Group AG’s holdings in Brookdale Senior Living were worth $2,871,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Victory Capital Management Inc. boosted its holdings in Brookdale Senior Living by 16.8% in the 3rd quarter. Victory Capital Management Inc. now owns 2,493,480 shares of the company’s stock valued at $21,120,000 after purchasing an additional 358,012 shares during the period. Quinn Opportunity Partners LLC raised its position in shares of Brookdale Senior Living by 183.0% during the 3rd quarter. Quinn Opportunity Partners LLC now owns 402,090 shares of the company’s stock valued at $3,406,000 after buying an additional 260,000 shares in the last quarter. CenterBook Partners LP purchased a new stake in shares of Brookdale Senior Living during the 3rd quarter valued at $2,181,000. Iron Triangle Partners LP raised its position in shares of Brookdale Senior Living by 67.0% during the 3rd quarter. Iron Triangle Partners LP now owns 2,838,361 shares of the company’s stock valued at $24,041,000 after buying an additional 1,138,361 shares in the last quarter. Finally, Mason Capital Management LLC purchased a new stake in shares of Brookdale Senior Living during the 3rd quarter valued at $20,971,000.
Brookdale Senior Living Trading Down 0.0%
Shares of BKD opened at $13.30 on Tuesday. The firm’s 50-day moving average price is $13.70 and its 200-day moving average price is $12.89. The firm has a market capitalization of $3.17 billion, a price-to-earnings ratio of -15.46 and a beta of 0.68. Brookdale Senior Living Inc. has a 1-year low of $6.26 and a 1-year high of $17.09.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on BKD. Weiss Ratings upgraded shares of Brookdale Senior Living from a “sell (d-)” rating to a “sell (d)” rating in a research report on Tuesday, May 12th. Barclays raised their price objective on shares of Brookdale Senior Living to $18.00 and gave the company an “overweight” rating in a research report on Tuesday, February 3rd. Royal Bank Of Canada restated an “outperform” rating on shares of Brookdale Senior Living in a research report on Friday, February 20th. Stephens initiated coverage on shares of Brookdale Senior Living in a research report on Thursday, April 9th. They issued an “overweight” rating and a $18.00 target price on the stock. Finally, Zacks Research cut shares of Brookdale Senior Living from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $16.50.
View Our Latest Analysis on BKD
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.
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