Brookdale Senior Living Inc. $BKD Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC decreased its position in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 87.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 92,405 shares of the company’s stock after selling 640,735 shares during the quarter. SG Americas Securities LLC’s holdings in Brookdale Senior Living were worth $1,264,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd lifted its stake in Brookdale Senior Living by 44,583.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,681 shares of the company’s stock valued at $29,000 after acquiring an additional 2,675 shares during the period. Larson Financial Group LLC purchased a new stake in shares of Brookdale Senior Living in the 3rd quarter valued at $59,000. Strs Ohio purchased a new stake in shares of Brookdale Senior Living in the 1st quarter valued at $61,000. FNY Investment Advisers LLC acquired a new stake in shares of Brookdale Senior Living in the fourth quarter worth $62,000. Finally, KBC Group NV acquired a new stake in shares of Brookdale Senior Living in the fourth quarter worth $84,000.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Compass Point initiated coverage on shares of Brookdale Senior Living in a report on Monday, June 15th. They set a “buy” rating and a $22.00 target price for the company. Stephens assumed coverage on shares of Brookdale Senior Living in a report on Thursday, April 9th. They issued an “overweight” rating and a $18.00 price target on the stock. Zacks Research downgraded Brookdale Senior Living from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, Weiss Ratings lowered Brookdale Senior Living from a “sell (d)” rating to a “sell (d-)” rating in a research note on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, five 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.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $17.60.

Brookdale Senior Living Trading Up 0.1%

Brookdale Senior Living stock opened at $15.89 on Friday. Brookdale Senior Living Inc. has a 12 month low of $6.65 and a 12 month high of $17.09. The stock’s 50 day simple moving average is $13.65 and its two-hundred day simple moving average is $13.54. The firm has a market cap of $3.79 billion, a PE ratio of -18.47 and a beta of 0.58.

Brookdale Senior Living (NYSE:BKD) last issued its quarterly earnings data on Wednesday, May 6th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). The firm had revenue of $764.86 million for the quarter, compared to analyst estimates of $771.16 million. Brookdale Senior Living had a negative return on equity of 15,050.32% and a negative net margin of 6.51%. On average, equities research analysts forecast 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.