Caxton Associates LLP Buys 126,571 Shares of Brookdale Senior Living Inc. $BKD

Caxton Associates LLP boosted its stake in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 141.5% in the 1st quarter, HoldingsChannel reports. The fund owned 216,026 shares of the company’s stock after buying an additional 126,571 shares during the quarter. Caxton Associates LLP’s holdings in Brookdale Senior Living were worth $2,955,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. SG Americas Securities LLC bought a new position in shares of Brookdale Senior Living in the fourth quarter worth approximately $7,911,000. State of New Jersey Common Pension Fund D bought a new stake in Brookdale Senior Living during the 4th quarter valued at $2,202,000. BNP Paribas Financial Markets raised its holdings in Brookdale Senior Living by 15.6% during the 4th quarter. BNP Paribas Financial Markets now owns 1,831,442 shares of the company’s stock valued at $19,761,000 after buying an additional 247,461 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its position in Brookdale Senior Living by 1,876.9% during the 4th quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 249,785 shares of the company’s stock valued at $2,695,000 after buying an additional 237,150 shares during the period. Finally, WCM Investment Management LLC purchased a new stake in Brookdale Senior Living during the 1st quarter valued at $171,681,000.

Wall Street Analyst Weigh In

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

Brookdale Senior Living Trading Up 4.4%

NYSE:BKD opened at $15.13 on Friday. The company has a 50-day moving average price of $14.04 and a 200-day moving average price of $13.97. The stock has a market cap of $3.61 billion, a price-to-earnings ratio of -17.60 and a beta of 0.58. Brookdale Senior Living Inc. has a 12 month low of $6.99 and a 12 month high of $17.09.

Brookdale Senior Living (NYSE:BKD) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.01). Brookdale Senior Living had a negative net margin of 6.51% and a negative return on equity of 15,050.32%. The company had revenue of $764.86 million for the quarter, compared to analysts’ expectations of $771.16 million. Equities analysts forecast that Brookdale Senior Living Inc. will post -0.1 EPS for the current fiscal 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.