ANTIPODES PARTNERS Ltd Grows Stock Position in Brookdale Senior Living Inc. (NYSE:BKD)

ANTIPODES PARTNERS Ltd lifted its stake in Brookdale Senior Living Inc. (NYSE:BKD) by 86.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,560,262 shares of the company’s stock after buying an additional 3,507,044 shares during the period. Brookdale Senior Living makes up approximately 1.3% of ANTIPODES PARTNERS Ltd’s holdings, making the stock its 28th largest holding. ANTIPODES PARTNERS Ltd owned about 3.80% of Brookdale Senior Living worth $38,031,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Principal Financial Group Inc. increased its holdings in shares of Brookdale Senior Living by 449.5% in the third quarter. Principal Financial Group Inc. now owns 136,531 shares of the company’s stock worth $927,000 after buying an additional 111,686 shares during the period. Teachers Retirement System of The State of Kentucky bought a new stake in shares of Brookdale Senior Living in the third quarter worth about $1,775,000. Vision Capital Corp grew its stake in shares of Brookdale Senior Living by 27.8% in the third quarter. Vision Capital Corp now owns 1,838,440 shares of the company’s stock worth $12,483,000 after purchasing an additional 400,000 shares during the last quarter. Hedges Asset Management LLC grew its stake in shares of Brookdale Senior Living by 28.0% in the fourth quarter. Hedges Asset Management LLC now owns 265,000 shares of the company’s stock worth $1,333,000 after purchasing an additional 58,000 shares during the last quarter. Finally, Hennessy Advisors Inc. grew its stake in shares of Brookdale Senior Living by 6.8% in the fourth quarter. Hennessy Advisors Inc. now owns 1,499,600 shares of the company’s stock worth $7,543,000 after purchasing an additional 95,700 shares during the last quarter.

Brookdale Senior Living Stock Performance

Brookdale Senior Living stock opened at $5.69 on Thursday. The stock’s 50 day simple moving average is $5.14 and its two-hundred day simple moving average is $5.72. The company has a debt-to-equity ratio of 20.05, a quick ratio of 0.88 and a current ratio of 0.88. The stock has a market cap of $1.14 billion, a price-to-earnings ratio of -6.39 and a beta of 1.31. Brookdale Senior Living Inc. has a fifty-two week low of $4.45 and a fifty-two week high of $8.12.

Brookdale Senior Living (NYSE:BKD) last posted its quarterly earnings data on Tuesday, February 18th. The company reported ($0.37) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.21). The firm had revenue of $780.95 million for the quarter, compared to the consensus estimate of $781.78 million. Brookdale Senior Living had a negative net margin of 6.46% and a negative return on equity of 65.92%. As a group, analysts expect that Brookdale Senior Living Inc. will post -0.56 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts recently issued reports on BKD shares. Royal Bank of Canada reissued an “outperform” rating and issued a $8.00 target price on shares of Brookdale Senior Living in a research note on Thursday, February 20th. Macquarie reissued an “outperform” rating and issued a $8.00 target price on shares of Brookdale Senior Living in a research note on Wednesday. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $7.50.

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.