November 30, 2016 - By Winifred Garcia · 0 Comments
Brookdale Senior Living Inc (NYSE:BKD) institutional sentiment decreased to 0.96 in Q2 2016. Its down -0.09, from 1.05 in 2016Q1. The ratio has dropped, as 109 active investment managers increased and started new holdings, while 104 decreased and sold stock positions in Brookdale Senior Living Inc. The active investment managers in our partner’s database now own: 189.41 million shares, down from 189.63 million shares in 2016Q1. Also, the number of active investment managers holding Brookdale Senior Living Inc in their top 10 holdings decreased from 14 to 11 for a decrease of 3. Sold All: 30 Reduced: 74 Increased: 78 New Position: 31.
Brookdale Senior Living Inc. is engaged in the operation of senior living communities in the United States. The company has a market cap of $2.14 billion. The Firm has five divisions: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services, and Management Services. It currently has negative earnings. The Company’s Retirement Centers segment includes owned or leased communities that are designed for middle to upper income seniors.
About 1.12M shares traded hands. Brookdale Senior Living, Inc. (NYSE:BKD) has declined 37.70% since April 27, 2016 and is downtrending. It has underperformed by 42.93% the S&P500.
Analysts await Brookdale Senior Living, Inc. (NYSE:BKD) to report earnings on February, 13. They expect $0.57 EPS, down 1.72% or $0.01 from last year’s $0.58 per share. BKD’s profit will be $104.70M for 5.11 P/E if the $0.57 EPS becomes a reality. After $0.51 actual EPS reported by Brookdale Senior Living, Inc. for the previous quarter, Wall Street now forecasts 11.76% EPS growth.
According to Zacks Investment Research, “Brookdale Senior Living Inc. is a leading owner and operator of senior living facilities throughout the United States. The Company is committed to providing an exceptional living experience through properties that are designed, purpose-built and operated to provide the highest-quality service, care and living accommodations for residents. The Company owns and operates independent, assisted and dementia-care facilities.”
North Run Capital Lp holds 12.4% of its portfolio in Brookdale Senior Living, Inc. for 4.88 million shares. Kingstown Capital Management L.P. owns 3.50 million shares or 6.13% of their US portfolio. Moreover, North Tide Capital Llc has 5.59% invested in the company for 3.25 million shares. The Colorado-based Obermeyer Wood Investment Counsel Lllp has invested 5.55% in the stock. Canyon Capital Advisors Llc, a California-based fund reported 6.89 million shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 3 insider purchases, and 0 selling transactions for $303,675 net activity.
Ratings analysis reveals 29% of Brookdale Senior Living’s analysts are positive. Out of 7 Wall Street analysts rating Brookdale Senior Living, 2 give it “Buy”, 1 “Sell” rating, while 4 recommend “Hold”. The lowest target is $16 while the high is $44. The stock’s average target of $26.17 is 124.64% above today’s ($11.65) share price. BKD was included in 18 notes of analysts from August 5, 2015. The firm earned “Outperform” rating on Wednesday, November 2 by RBC Capital Markets. JMP Securities maintained Brookdale Senior Living, Inc. (NYSE:BKD) rating on Wednesday, August 24. JMP Securities has “Market Outperform” rating and $29 price target. The firm has “Hold” rating by Jefferies given on Friday, November 11. The stock has “Top Pick” rating given by RBC Capital Markets on Friday, November 6. The company was maintained on Wednesday, August 5 by Barclays Capital. Stifel Nicolaus downgraded Brookdale Senior Living, Inc. (NYSE:BKD) on Wednesday, August 5 to “Hold” rating. On Wednesday, November 2 the stock rating was downgraded by Wells Fargo to “Market Perform”. On Wednesday, August 5 the stock rating was maintained by Jefferies with “Buy”. Bank of America downgraded Brookdale Senior Living, Inc. (NYSE:BKD) on Wednesday, November 2 to “Underperform” rating. The rating was maintained by Barclays Capital with “Equal-Weight” on Wednesday, January 6.
Brookdale Senior Living Inc., incorporated on June 28, 2005, is engaged in the operation of senior living communities in the United States. The Firm operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). The Firm has five divisions: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services, and Management Services. The Company’s Retirement Centers segment includes owned or leased communities that are designed for middle to upper income seniors. The Company’s Assisted Living segment includes owned or leased communities that offer housing and around the clock assistance with activities of daily life to mid-acuity frail and elderly residents. The Company’s CCRCs-Rental segment includes owned or leased communities that offer a range of living arrangements and services to accommodate all levels of physical ability and health. The Company’s Brookdale Ancillary Services segment includes the outpatient therapy, home health and hospice services provided to residents of many of the Company’s communities, to other senior living communities that the Company does not own or operate and to seniors living outside of the Company’s communities. The Company’s Management Services segment includes communities operated by the Company pursuant to management agreements.
More important recent Brookdale Senior Living, Inc. (NYSE:BKD) news were published by: Forbes.com which released: “Relative Strength Alert For Brookdale Senior Living” on November 23, 2016, also Prnewswire.com published article titled: “Brookdale Enters into Agreements With HCP and Blackstone”, Fool.com published: “Here’s Why Brookdale Senior Living Plummeted 19.2% Today” on November 01, 2016. More interesting news about Brookdale Senior Living, Inc. (NYSE:BKD) was released by: Zacks.com and their article: “Moving Average Crossover Alert: Brookdale Senior Living (BKD)” with publication date: November 11, 2016.
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By Winifred Garcia