Brookdale Senior Living Inc. (BKD) Stake Decreased by Teachers Advisors LLC

Teachers Advisors LLC lowered its position in Brookdale Senior Living Inc. (NYSE:BKD) by 62.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 311,406 shares of the company’s stock after selling 508,028 shares during the quarter. Teachers Advisors LLC owned about 0.17% of Brookdale Senior Living worth $4,581,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in BKD. UBS Asset Management Americas Inc. raised its stake in shares of Brookdale Senior Living by 19.1% in the first quarter. UBS Asset Management Americas Inc. now owns 146,754 shares of the company’s stock valued at $1,971,000 after acquiring an additional 23,484 shares during the period. Karp Capital Management Corp purchased a new stake in shares of Brookdale Senior Living in the first quarter valued at $364,000. Parametric Portfolio Associates LLC raised its stake in shares of Brookdale Senior Living by 47.4% in the first quarter. Parametric Portfolio Associates LLC now owns 258,342 shares of the company’s stock valued at $3,470,000 after acquiring an additional 83,072 shares during the period. Stifel Financial Corp purchased a new stake in shares of Brookdale Senior Living in the first quarter valued at $1,091,000. Finally, Neuberger Berman Group LLC raised its stake in shares of Brookdale Senior Living by 56.6% in the first quarter. Neuberger Berman Group LLC now owns 19,926 shares of the company’s stock valued at $268,000 after acquiring an additional 7,200 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

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Several equities research analysts have recently weighed in on the stock. Jefferies Group LLC reissued a “buy” rating and issued a $15.50 target price (down previously from $16.50) on shares of Brookdale Senior Living in a research note on Monday, October 2nd. ValuEngine downgraded shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a research note on Sunday, September 3rd. BidaskClub downgraded shares of Brookdale Senior Living from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 12th. Zacks Investment Research downgraded shares of Brookdale Senior Living from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 10th. Finally, Stifel Nicolaus reduced their target price on shares of Brookdale Senior Living from $20.00 to $16.00 and set a “buy” rating on the stock in a research note on Tuesday, August 8th. Five research analysts have rated the stock with a sell rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $16.33.

Shares of Brookdale Senior Living Inc. (NYSE:BKD) opened at 10.31 on Thursday. The stock has a 50 day moving average of $11.25 and a 200 day moving average of $13.08. Brookdale Senior Living Inc. has a 52 week low of $10.19 and a 52 week high of $16.31. The stock’s market cap is $1.92 billion.

Brookdale Senior Living (NYSE:BKD) last issued its quarterly earnings data on Monday, August 7th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.79). The company had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Brookdale Senior Living had a negative net margin of 10.14% and a positive return on equity of 6.00%. The firm’s quarterly revenue was down 5.7% on a year-over-year basis. During the same quarter last year, the firm posted ($0.19) earnings per share. On average, analysts expect that

Several other institutional investors and hedge funds have also recently made changes to their positions in BKD. UBS Asset Management Americas Inc. raised its stake in shares of Brookdale Senior Living by 19.1% in the first quarter. UBS Asset Management Americas Inc. now owns 146,754 shares of the company’s stock valued at $1,971,000 after acquiring an additional 23,484 shares during the period. Karp Capital Management Corp purchased a new stake in shares of Brookdale Senior Living in the first quarter valued at $364,000. Parametric Portfolio Associates LLC raised its stake in shares of Brookdale Senior Living by 47.4% in the first quarter. Parametric Portfolio Associates LLC now owns 258,342 shares of the company’s stock valued at $3,470,000 after acquiring an additional 83,072 shares during the period. Stifel Financial Corp purchased a new stake in shares of Brookdale Senior Living in the first quarter valued at $1,091,000. Finally, Neuberger Berman Group LLC raised its stake in shares of Brookdale Senior Living by 56.6% in the first quarter. Neuberger Berman Group LLC now owns 19,926 shares of the company’s stock valued at $268,000 after acquiring an additional 7,200 shares during the period. 99.71% of the stock is currently owned by institutional investors and hedge funds.

ILLEGAL ACTIVITY NOTICE: This report was first published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this report on another domain, it was illegally copied and reposted in violation of United States & international copyright legislation. The legal version of this report can be viewed at https://ledgergazette.com/2017/10/12/brookdale-senior-living-inc-bkd-stake-decreased-by-teachers-advisors-llc.html.

Several equities research analysts have recently weighed in on the stock. Jefferies Group LLC reissued a “buy” rating and issued a $15.50 target price (down previously from $16.50) on shares of Brookdale Senior Living in a research note on Monday, October 2nd. ValuEngine downgraded shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a research note on Sunday, September 3rd. BidaskClub downgraded shares of Brookdale Senior Living from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 12th. Zacks Investment Research downgraded shares of Brookdale Senior Living from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 10th. Finally, Stifel Nicolaus reduced their target price on shares of Brookdale Senior Living from $20.00 to $16.00 and set a “buy” rating on the stock in a research note on Tuesday, August 8th. Five research analysts have rated the stock with a sell rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $16.33.

Shares of Brookdale Senior Living Inc. (NYSE:BKD) opened at 10.31 on Thursday. The stock has a 50 day moving average of $11.25 and a 200 day moving average of $13.08. Brookdale Senior Living Inc. has a 52 week low of $10.19 and a 52 week high of $16.31. The stock’s market cap is $1.92 billion.

Brookdale Senior Living (NYSE:BKD) last issued its quarterly earnings data on Monday, August 7th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.79). The company had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Brookdale Senior Living had a negative net margin of 10.14% and a positive return on equity of 6.00%. The firm’s quarterly revenue was down 5.7% on a year-over-year basis. During the same quarter last year, the firm posted ($0.19) earnings per share. On average, analysts expect that Brookdale Senior Living Inc. will post $1.80 earnings per share for the current year.

Brookdale Senior Living Profile

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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Institutional Ownership by Quarter for Brookdale Senior Living (NYSE:BKD)

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