20,000 Shares in Brookdale Senior Living Inc. (NYSE:BKD) Purchased by Illumine Investment Management LLC

Illumine Investment Management LLC purchased a new stake in Brookdale Senior Living Inc. (NYSE:BKD) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 20,000 shares of the company’s stock, valued at approximately $101,000.

Several other institutional investors and hedge funds have also recently modified their holdings of BKD. New York State Common Retirement Fund increased its position in shares of Brookdale Senior Living by 19.2% in the fourth quarter. New York State Common Retirement Fund now owns 1,324,478 shares of the company’s stock worth $6,662,000 after purchasing an additional 213,512 shares during the last quarter. Retirement Income Solutions Inc purchased a new position in Brookdale Senior Living in the 4th quarter worth approximately $114,000. Principal Financial Group Inc. grew its stake in Brookdale Senior Living by 9.9% in the 4th quarter. Principal Financial Group Inc. now owns 150,025 shares of the company’s stock worth $755,000 after buying an additional 13,494 shares in the last quarter. R Squared Ltd bought a new position in shares of Brookdale Senior Living in the 4th quarter worth $33,000. Finally, Hedges Asset Management LLC raised its position in shares of Brookdale Senior Living by 28.0% during the 4th quarter. Hedges Asset Management LLC now owns 265,000 shares of the company’s stock valued at $1,333,000 after buying an additional 58,000 shares in the last quarter.

Brookdale Senior Living Price Performance

BKD stock opened at $5.85 on Friday. The firm has a 50 day moving average price of $5.02 and a 200-day moving average price of $5.80. The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of -6.57 and a beta of 1.29. Brookdale Senior Living Inc. has a 52-week low of $4.45 and a 52-week high of $8.12. The company has a debt-to-equity ratio of 20.05, a quick ratio of 0.88 and a current ratio of 0.88.

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

Insider Activity at Brookdale Senior Living

In other Brookdale Senior Living news, Director Lee S. Wielansky sold 10,000 shares of the stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of $5.62, for a total transaction of $56,200.00. Following the completion of the sale, the director now directly owns 211,382 shares of the company’s stock, valued at $1,187,966.84. This trade represents a 4.52 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.80% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts recently commented on BKD shares. Macquarie reaffirmed an “outperform” rating and issued a $8.00 target price on shares of Brookdale Senior Living in a research note on Friday, December 20th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $8.00 target price on shares of Brookdale Senior Living in a research report on Thursday, February 20th. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price 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.