Brookdale Senior Living, Inc. (BKD) Stake Boosted by Cubist Systematic Strategies LLC

Cubist Systematic Strategies LLC lifted its stake in shares of Brookdale Senior Living, Inc. (NYSE:BKD) by 49.3% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 153,833 shares of the company’s stock after purchasing an additional 50,763 shares during the quarter. Cubist Systematic Strategies LLC owned about 0.08% of Brookdale Senior Living worth $1,032,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of BKD. Schwab Charles Investment Management Inc. grew its stake in shares of Brookdale Senior Living by 9.5% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 1,145,017 shares of the company’s stock worth $11,107,000 after purchasing an additional 99,181 shares during the period. Aperio Group LLC grew its stake in shares of Brookdale Senior Living by 74.7% during the 4th quarter. Aperio Group LLC now owns 55,631 shares of the company’s stock worth $540,000 after purchasing an additional 23,784 shares during the period. Teacher Retirement System of Texas grew its stake in shares of Brookdale Senior Living by 332.3% during the 4th quarter. Teacher Retirement System of Texas now owns 66,422 shares of the company’s stock worth $644,000 after purchasing an additional 51,058 shares during the period. California Public Employees Retirement System grew its stake in shares of Brookdale Senior Living by 21.1% during the 4th quarter. California Public Employees Retirement System now owns 508,559 shares of the company’s stock worth $4,933,000 after purchasing an additional 88,543 shares during the period. Finally, Swiss National Bank grew its stake in shares of Brookdale Senior Living by 2.5% during the 4th quarter. Swiss National Bank now owns 313,939 shares of the company’s stock worth $3,045,000 after purchasing an additional 7,700 shares during the period. 98.62% of the stock is currently owned by institutional investors and hedge funds.

Brookdale Senior Living opened at $9.28 on Friday, MarketBeat reports. Brookdale Senior Living, Inc. has a 52 week low of $6.28 and a 52 week high of $15.29. The company has a debt-to-equity ratio of 4.20, a quick ratio of 0.84 and a current ratio of 0.84.



Brookdale Senior Living (NYSE:BKD) last released its quarterly earnings data on Monday, May 7th. The company reported ($0.35) EPS for the quarter, missing the consensus estimate of ($0.22) by ($0.13). Brookdale Senior Living had a negative return on equity of 10.81% and a negative net margin of 19.13%. The business had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.16 billion. During the same quarter in the prior year, the firm earned ($0.68) earnings per share. Brookdale Senior Living’s quarterly revenue was down 2.4% on a year-over-year basis. sell-side analysts predict that Brookdale Senior Living, Inc. will post -0.95 earnings per share for the current year.

A number of equities analysts have recently weighed in on the stock. Stephens reaffirmed a “buy” rating and set a $12.00 price target on shares of Brookdale Senior Living in a research note on Tuesday, March 6th. Stifel Nicolaus cut shares of Brookdale Senior Living from a “buy” rating to a “hold” rating and lowered their price target for the stock from $14.00 to $9.00 in a research note on Thursday, February 22nd. Royal Bank of Canada cut shares of Brookdale Senior Living from an “outperform” rating to a “sector perform” rating and lowered their price target for the stock from $13.00 to $8.00 in a research note on Tuesday, February 27th. Jefferies Financial Group set a $9.00 price target on shares of Brookdale Senior Living and gave the stock a “buy” rating in a research note on Friday, February 23rd. Finally, Zacks Investment Research upgraded shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a research report on Friday, April 6th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company. Brookdale Senior Living has a consensus rating of “Hold” and an average target price of $9.08.

Brookdale Senior Living Company Profile

Brookdale Senior Living Inc owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, CCRCs ? Rental, Brookdale Ancillary Services, and Management Services. The Retirement Centers segment owns or leases communities comprising independent living and assisted living units in a single community that are primarily designed for middle to upper income senior citizens.

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Institutional Ownership by Quarter for Brookdale Senior Living (NYSE:BKD)

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