Swiss National Bank Boosts Position in Brookdale Senior Living Inc. (NYSE:BKD)

Swiss National Bank increased its position in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 2.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 368,439 shares of the company’s stock after acquiring an additional 10,500 shares during the quarter. Swiss National Bank’s holdings in Brookdale Senior Living were worth $1,853,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. R Squared Ltd acquired a new position in Brookdale Senior Living in the 4th quarter valued at about $33,000. Illumine Investment Management LLC acquired a new position in Brookdale Senior Living in the fourth quarter valued at approximately $101,000. Quest Partners LLC acquired a new position in shares of Brookdale Senior Living in the 3rd quarter valued at $104,000. Retirement Income Solutions Inc acquired a new stake in shares of Brookdale Senior Living during the 4th quarter worth about $114,000. Finally, Quantbot Technologies LP purchased a new stake in Brookdale Senior Living in the 3rd quarter valued at about $218,000.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. Royal Bank of Canada reiterated an “outperform” rating and set a $8.00 price target on shares of Brookdale Senior Living in a research report on Thursday, February 20th. Macquarie reiterated an “outperform” rating and issued a $8.00 target price on shares of Brookdale Senior Living in a report on Wednesday, March 12th. Two investment analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Brookdale Senior Living presently has a consensus rating of “Hold” and a consensus price target of $7.50.

Brookdale Senior Living Stock Performance

NYSE BKD opened at $6.14 on Friday. 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 company has a market cap of $1.23 billion, a P/E ratio of -6.89 and a beta of 1.31. The stock has a 50-day moving average of $5.41 and a two-hundred day moving average of $5.64. 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 quarterly earnings data on Tuesday, February 18th. The company reported ($0.37) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.21). The business had revenue of $780.95 million during the quarter, compared to analyst estimates of $781.78 million. Brookdale Senior Living had a negative net margin of 6.46% and a negative return on equity of 65.92%. As a group, analysts anticipate 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.