Brookdale Senior Living Inc. (BKD) Position Held by Terra Nova Asset Management LLC

Terra Nova Asset Management LLC continued to hold its position in Brookdale Senior Living Inc. (NYSE:BKD) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,000 shares of the company’s stock at the end of the second quarter. Terra Nova Asset Management LLC’s holdings in Brookdale Senior Living were worth $147,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of BKD. State Street Corp boosted its stake in shares of Brookdale Senior Living by 0.6% in the fourth quarter. State Street Corp now owns 2,482,241 shares of the company’s stock valued at $30,831,000 after buying an additional 15,095 shares in the last quarter. Chartwell Investment Partners LLC purchased a new stake in shares of Brookdale Senior Living during the first quarter valued at $1,458,000. Guggenheim Capital LLC boosted its stake in shares of Brookdale Senior Living by 3.9% in the fourth quarter. Guggenheim Capital LLC now owns 14,274 shares of the company’s stock valued at $177,000 after buying an additional 530 shares in the last quarter. Neuberger Berman Group LLC boosted its stake in shares of Brookdale Senior Living by 56.6% in the first quarter. Neuberger Berman Group LLC now owns 19,926 shares of the company’s stock valued at $268,000 after buying an additional 7,200 shares in the last quarter. Finally, Mitsubishi UFJ Trust & Banking Corp purchased a new stake in shares of Brookdale Senior Living during the first quarter valued at $3,995,000.

Shares of Brookdale Senior Living Inc. (NYSE:BKD) opened at 12.75 on Thursday. The company’s 50 day moving average price is $14.21 and its 200-day moving average price is $13.91. The stock’s market capitalization is $2.37 billion. Brookdale Senior Living Inc. has a 52 week low of $10.65 and a 52 week high of $18.34.

Brookdale Senior Living (NYSE:BKD) last released its earnings results on Monday, August 7th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.56 by $0.79. The company had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.14 billion. Brookdale Senior Living had a negative net margin of 10.14% and a positive return on equity of 5.85%. The company’s revenue for the quarter was down 5.7% on a year-over-year basis. During the same quarter last year, the business posted ($0.19) earnings per share. Equities research analysts predict that Brookdale Senior Living Inc. will post $1.80 EPS for the current year.

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Several equities research analysts have weighed in on BKD shares. Jefferies Group LLC reiterated a “buy” rating and issued a $16.50 target price on shares of Brookdale Senior Living in a report on Friday, July 14th. Zacks Investment Research upgraded Brookdale Senior Living from a “sell” rating to a “hold” rating in a report on Thursday, May 11th. Stifel Nicolaus lowered their target price on Brookdale Senior Living from $20.00 to $16.00 and set a “buy” rating for the company in a report on Tuesday. BidaskClub cut Brookdale Senior Living from a “hold” rating to a “sell” rating in a report on Wednesday, July 19th. Finally, ValuEngine cut Brookdale Senior Living from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $18.29.

Brookdale Senior Living Company Profile

Brookdale Senior Living Inc operates senior living communities in the United States. The Company operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). It operates through five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services and Management Services.