First Eagle Investment Management LLC Has $8.25 Million Stock Position in Brookdale Senior Living Inc. (NYSE:BKD)

First Eagle Investment Management LLC grew its holdings in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 40.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,640,886 shares of the company’s stock after buying an additional 475,268 shares during the quarter. First Eagle Investment Management LLC’s holdings in Brookdale Senior Living were worth $8,254,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in BKD. ANTIPODES PARTNERS Ltd grew its holdings in shares of Brookdale Senior Living by 86.5% during the fourth quarter. ANTIPODES PARTNERS Ltd now owns 7,560,262 shares of the company’s stock valued at $38,031,000 after buying an additional 3,507,044 shares during the last quarter. Adelante Capital Management LLC bought a new position in shares of Brookdale Senior Living during the third quarter valued at about $12,076,000. Rush Island Management LP lifted its position in shares of Brookdale Senior Living by 31.9% during the third quarter. Rush Island Management LP now owns 5,116,632 shares of the company’s stock valued at $34,742,000 after purchasing an additional 1,237,727 shares in the last quarter. Wellington Management Group LLP lifted its position in shares of Brookdale Senior Living by 11.4% during the third quarter. Wellington Management Group LLP now owns 7,826,807 shares of the company’s stock valued at $53,144,000 after purchasing an additional 799,744 shares in the last quarter. Finally, Vision Capital Corp lifted its position in shares of Brookdale Senior Living by 27.8% during the third quarter. Vision Capital Corp now owns 1,838,440 shares of the company’s stock valued at $12,483,000 after purchasing an additional 400,000 shares in the last quarter.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on BKD. Royal Bank of Canada reissued an “outperform” rating and set a $8.00 price target on shares of Brookdale Senior Living in a research report on Thursday, February 20th. Macquarie reissued an “outperform” rating and set a $8.00 price target on shares of Brookdale Senior Living in a research report on Wednesday. Two research analysts have rated the stock with a sell rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $7.50.

Brookdale Senior Living Stock Up 4.7 %

BKD opened at $6.08 on Friday. The firm has a market capitalization of $1.22 billion, a P/E ratio of -6.83 and a beta of 1.31. The company has a debt-to-equity ratio of 20.05, a current ratio of 0.88 and a quick ratio of 0.88. Brookdale Senior Living Inc. has a fifty-two week low of $4.45 and a fifty-two week high of $8.12. The company’s 50-day moving average is $5.17 and its 200 day moving average is $5.72.

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

About Brookdale Senior Living

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.