Brookdale Senior Living Inc. (NYSE:BKD) Short Interest Up 9.0% in March

Brookdale Senior Living Inc. (NYSE:BKDGet Free Report) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 18,970,000 shares, a growth of 9.0% from the February 29th total of 17,400,000 shares. Currently, 11.3% of the shares of the company are sold short. Based on an average trading volume of 1,830,000 shares, the short-interest ratio is presently 10.4 days.

Institutional Investors Weigh In On Brookdale Senior Living

A number of hedge funds have recently made changes to their positions in BKD. Graham Capital Management L.P. bought a new stake in Brookdale Senior Living during the 3rd quarter worth approximately $300,000. Swiss National Bank boosted its stake in Brookdale Senior Living by 1.5% in the third quarter. Swiss National Bank now owns 351,739 shares of the company’s stock worth $1,456,000 after purchasing an additional 5,300 shares in the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Brookdale Senior Living by 1.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 3,516,867 shares of the company’s stock worth $14,560,000 after purchasing an additional 62,083 shares during the last quarter. Caxton Associates LP acquired a new stake in shares of Brookdale Senior Living in the third quarter valued at $841,000. Finally, Hsbc Holdings PLC raised its holdings in shares of Brookdale Senior Living by 8.5% in the third quarter. Hsbc Holdings PLC now owns 99,521 shares of the company’s stock valued at $410,000 after buying an additional 7,771 shares during the last quarter.

Brookdale Senior Living Price Performance

Shares of BKD stock traded up $0.22 during trading hours on Wednesday, hitting $6.74. The company had a trading volume of 524,411 shares, compared to its average volume of 1,849,549. Brookdale Senior Living has a 12 month low of $2.80 and a 12 month high of $6.82. The company has a debt-to-equity ratio of 9.40, a quick ratio of 0.80 and a current ratio of 0.80. The firm’s fifty day moving average is $5.93 and its 200 day moving average is $5.22. The firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of -7.99 and a beta of 1.32.

Brookdale Senior Living (NYSE:BKDGet Free Report) last announced its quarterly earnings results on Tuesday, February 20th. The company reported ($0.40) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.21). The company had revenue of $754.48 million during the quarter. Brookdale Senior Living had a negative net margin of 6.27% and a negative return on equity of 44.01%. On average, sell-side analysts predict that Brookdale Senior Living will post -0.66 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Bank of America raised Brookdale Senior Living from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from $3.95 to $6.00 in a report on Friday, December 15th. TheStreet raised shares of Brookdale Senior Living from a “d+” rating to a “c-” rating in a report on Friday, December 29th.

View Our Latest Analysis on BKD

Brookdale Senior Living Company Profile

(Get Free Report)

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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