ANTIPODES PARTNERS Ltd Invests $100,000 in Brookdale Senior Living Inc. (NYSE:BKD)

ANTIPODES PARTNERS Ltd purchased a new position in shares of Brookdale Senior Living Inc. (NYSE:BKD) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 14,670 shares of the company’s stock, valued at approximately $100,000.

A number of other hedge funds also recently modified their holdings of BKD. nVerses Capital LLC bought a new position in shares of Brookdale Senior Living during the second quarter worth about $25,000. Innealta Capital LLC bought a new position in shares of Brookdale Senior Living during the second quarter worth about $52,000. Lazard Asset Management LLC grew its holdings in shares of Brookdale Senior Living by 25.0% during the first quarter. Lazard Asset Management LLC now owns 13,966 shares of the company’s stock worth $92,000 after buying an additional 2,790 shares in the last quarter. Counterpoint Mutual Funds LLC bought a new position in shares of Brookdale Senior Living during the fourth quarter worth about $104,000. Finally, Aigen Investment Management LP bought a new position in shares of Brookdale Senior Living during the fourth quarter worth about $109,000.

Analyst Ratings Changes

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

Brookdale Senior Living Stock Performance

Shares of NYSE BKD opened at $6.88 on Friday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 11.21. Brookdale Senior Living Inc. has a 12 month low of $3.62 and a 12 month high of $8.12. The stock has a 50 day moving average of $7.28 and a 200-day moving average of $6.79. The company has a market capitalization of $1.33 billion, a P/E ratio of -8.94 and a beta of 1.31.

Brookdale Senior Living (NYSE:BKD) last issued 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). The business had revenue of $777.54 million for the quarter. Brookdale Senior Living had a negative return on equity of 51.31% and a negative net margin of 6.75%. During the same period in the prior year, the company earned ($0.15) EPS. As a group, equities research analysts predict that Brookdale Senior Living Inc. will post -0.57 EPS for the current year.

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.