Versor Investments LP trimmed its stake in shares of Brookdale Senior Living Inc. (NYSE:BKD – Free Report) by 25.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 58,900 shares of the company’s stock after selling 20,600 shares during the quarter. Versor Investments LP’s holdings in Brookdale Senior Living were worth $174,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds also recently added to or reduced their stakes in BKD. Lazard Asset Management LLC acquired a new stake in Brookdale Senior Living during the 4th quarter worth approximately $31,000. Point72 Hong Kong Ltd acquired a new stake in shares of Brookdale Senior Living in the 1st quarter valued at approximately $35,000. Metropolitan Life Insurance Co. NY lifted its holdings in shares of Brookdale Senior Living by 39.3% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 13,647 shares of the company’s stock valued at $37,000 after buying an additional 3,849 shares during the period. Metropolitan Life Insurance Co NY lifted its holdings in shares of Brookdale Senior Living by 39.3% in the 4th quarter. Metropolitan Life Insurance Co NY now owns 13,647 shares of the company’s stock valued at $37,000 after buying an additional 3,849 shares during the period. Finally, Covestor Ltd lifted its holdings in shares of Brookdale Senior Living by 12,683.9% in the 1st quarter. Covestor Ltd now owns 7,926 shares of the company’s stock valued at $56,000 after buying an additional 7,864 shares during the period.
Analyst Upgrades and Downgrades
Separately, StockNews.com initiated coverage on Brookdale Senior Living in a report on Thursday, May 18th. They issued a “hold” rating for the company.
Brookdale Senior Living Stock Performance
Shares of BKD stock opened at $4.23 on Friday. The stock has a fifty day moving average price of $3.92 and a 200 day moving average price of $3.52. The stock has a market cap of $796.15 million, a PE ratio of -8.46 and a beta of 1.31. Brookdale Senior Living Inc. has a 1 year low of $2.27 and a 1 year high of $5.49. The company has a debt-to-equity ratio of 7.38, a quick ratio of 0.94 and a current ratio of 0.94.
Brookdale Senior Living (NYSE:BKD – Get Free Report) last issued its quarterly earnings data on Monday, May 8th. The company reported ($0.20) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.22) by $0.02. The firm had revenue of $753.26 million during the quarter. Brookdale Senior Living had a negative return on equity of 24.43% and a negative net margin of 3.48%. Sell-side analysts forecast that Brookdale Senior Living Inc. will post -0.78 earnings per share for the current fiscal year.
Brookdale Senior Living Company 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.
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