Atria Investments Inc Sells 7,460 Shares of Brookdale Senior Living Inc. (NYSE:BKD)

Atria Investments Inc lowered its position in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 18.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 34,009 shares of the company’s stock after selling 7,460 shares during the quarter. Atria Investments Inc’s holdings in Brookdale Senior Living were worth $171,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. R Squared Ltd acquired a new position in Brookdale Senior Living in the fourth quarter valued at approximately $33,000. Illumine Investment Management LLC acquired a new position in shares of Brookdale Senior Living in the 4th quarter valued at $101,000. Quest Partners LLC bought a new position in shares of Brookdale Senior Living in the 3rd quarter worth $104,000. Retirement Income Solutions Inc acquired a new stake in shares of Brookdale Senior Living during the fourth quarter worth $114,000. Finally, Quantbot Technologies LP bought a new stake in Brookdale Senior Living in the third quarter valued at about $218,000.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on BKD. Royal Bank of Canada restated an “outperform” rating and set a $8.00 target price on shares of Brookdale Senior Living in a report on Thursday, February 20th. Macquarie reissued an “outperform” rating and set a $8.00 price objective on shares of Brookdale Senior Living in a research note on Wednesday, March 12th. Two equities research analysts have rated the stock with a sell rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $7.50.

Brookdale Senior Living Stock Up 0.4 %

Shares of Brookdale Senior Living stock opened at $6.13 on Thursday. The company has a market capitalization of $1.23 billion, a P/E ratio of -6.88 and a beta of 1.31. The company has a debt-to-equity ratio of 20.05, a current ratio of 0.88 and a quick ratio of 0.88. The business has a 50-day moving average of $5.26 and a two-hundred day moving average of $5.68. Brookdale Senior Living Inc. has a 1 year low of $4.45 and a 1 year high of $8.12.

Brookdale Senior Living (NYSE:BKD) last announced its earnings results on Tuesday, February 18th. The company reported ($0.37) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.21). Brookdale Senior Living had a negative return on equity of 65.92% and a negative net margin of 6.46%. The company had revenue of $780.95 million for the quarter, compared to analyst estimates of $781.78 million. As a group, equities analysts predict that Brookdale Senior Living Inc. will post -0.56 EPS for the current year.

About Brookdale Senior Living

Brookdale Senior Living Inc owns, manages, and operates senior living communities in the United States. It operates in three segments: Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs). The Independent Living segment owns or leases communities comprising independent and assisted living units in a single community that are primarily designed for middle to upper income seniors.