Edmond DE Rothschild Holding S.A. boosted its stake in Brookdale Senior Living Inc. (NYSE:BKD – Free Report) by 18.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 6,792,160 shares of the company’s stock after buying an additional 1,043,920 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in Brookdale Senior Living were worth $34,165,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently bought and sold shares of BKD. R Squared Ltd acquired a new stake in shares of Brookdale Senior Living during the fourth quarter worth about $33,000. Cibc World Markets Corp acquired a new position in Brookdale Senior Living during the fourth quarter worth approximately $90,000. Illumine Investment Management LLC purchased a new stake in Brookdale Senior Living in the fourth quarter valued at approximately $101,000. Retirement Income Solutions Inc acquired a new stake in shares of Brookdale Senior Living in the fourth quarter valued at approximately $114,000. Finally, Quantbot Technologies LP purchased a new position in shares of Brookdale Senior Living during the third quarter worth approximately $218,000.
Brookdale Senior Living Price Performance
Shares of NYSE BKD opened at $6.14 on Monday. The stock has a fifty day moving average price of $5.41 and a 200 day moving average price of $5.63. Brookdale Senior Living Inc. has a 1-year low of $4.45 and a 1-year high of $8.12. The company has a debt-to-equity ratio of 20.05, a current ratio of 0.88 and a quick ratio of 0.88. The company has a market cap of $1.23 billion, a PE ratio of -6.89 and a beta of 1.31.
Wall Street Analysts Forecast Growth
Several analysts recently commented on the stock. Royal Bank of Canada reiterated an “outperform” rating and issued a $8.00 price target on shares of Brookdale Senior Living in a research report on Thursday, February 20th. Macquarie reaffirmed an “outperform” rating and issued a $8.00 target price on shares of Brookdale Senior Living in a report on Wednesday, March 12th. Two investment analysts have rated the stock with a sell rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $7.50.
View Our Latest Stock Analysis on BKD
Brookdale Senior Living Company 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.
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