Headlands Technologies LLC Buys New Position in Brookdale Senior Living Inc. (NYSE:BKD)

Headlands Technologies LLC bought a new stake in Brookdale Senior Living Inc. (NYSE:BKD) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,779 shares of the company’s stock, valued at approximately $26,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. nVerses Capital LLC bought a new position in Brookdale Senior Living in the 2nd quarter valued at about $25,000. Innealta Capital LLC bought a new position in shares of Brookdale Senior Living during the 2nd quarter valued at about $52,000. Lazard Asset Management LLC boosted its position in shares of Brookdale Senior Living by 25.0% during the 1st quarter. Lazard Asset Management LLC now owns 13,966 shares of the company’s stock valued at $92,000 after purchasing an additional 2,790 shares in the last quarter. ANTIPODES PARTNERS Ltd bought a new position in shares of Brookdale Senior Living during the 2nd quarter valued at about $100,000. Finally, Aigen Investment Management LP bought a new position in shares of Brookdale Senior Living during the 4th quarter valued at about $109,000.

Brookdale Senior Living Stock Performance

Shares of BKD opened at $6.76 on Wednesday. Brookdale Senior Living Inc. has a one year low of $3.62 and a one year high of $8.12. The company has a 50-day moving average of $7.21 and a two-hundred day moving average of $6.85. The stock has a market cap of $1.30 billion, a price-to-earnings ratio of -8.88 and a beta of 1.31. The company has a debt-to-equity ratio of 11.21, a current ratio of 0.79 and a quick ratio of 0.79.

Brookdale Senior Living (NYSE:BKD) last announced its earnings results on Thursday, August 8th. The company reported ($0.17) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.04). Brookdale Senior Living had a negative return on equity of 51.31% and a negative net margin of 6.75%. The firm had revenue of $777.54 million during the quarter. During the same period last year, the firm posted ($0.15) EPS. On average, equities research analysts expect that Brookdale Senior Living Inc. will post -0.57 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on BKD. Royal Bank of Canada restated an “outperform” rating and set a $9.00 price objective on shares of Brookdale Senior Living in a research report on Monday, August 12th. StockNews.com lowered shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a research report on Friday, June 7th. Finally, Macquarie initiated coverage on shares of Brookdale Senior Living in a research report on Friday, June 28th. They set an “outperform” rating and a $7.50 price objective for the company. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Brookdale Senior Living has a consensus rating of “Hold” and an average price target of $7.50.

Brookdale Senior Living Profile

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.