Brookdale Senior Living Inc. (NYSE:BKD) Short Interest Update

Brookdale Senior Living Inc. (NYSE:BKD) was the target of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 36,030,003 shares, an increase of 28.1% from the February 12th total of 28,118,507 shares. Based on an average daily volume of 6,000,724 shares, the days-to-cover ratio is currently 6.0 days. Currently, 15.4% of the shares of the stock are sold short. Currently, 15.4% of the shares of the stock are sold short. Based on an average daily volume of 6,000,724 shares, the days-to-cover ratio is currently 6.0 days.

Brookdale Senior Living Price Performance

Shares of Brookdale Senior Living stock opened at $14.17 on Tuesday. The company has a debt-to-equity ratio of 39.87, a quick ratio of 0.98 and a current ratio of 0.98. Brookdale Senior Living has a 52-week low of $4.97 and a 52-week high of $17.09. The company has a fifty day moving average of $14.16 and a 200-day moving average of $11.07. The stock has a market capitalization of $3.37 billion, a price-to-earnings ratio of -12.76 and a beta of 0.68.

Brookdale Senior Living (NYSE:BKD) last issued its earnings results on Wednesday, February 18th. The company reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.01). Brookdale Senior Living had a negative return on equity of 305.28% and a negative net margin of 8.22%.The business had revenue of $754.09 million during the quarter, compared to analysts’ expectations of $753.60 million. Equities research analysts expect that Brookdale Senior Living will post -0.56 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Wall Street Zen raised shares of Brookdale Senior Living from a “sell” rating to a “hold” rating in a report on Sunday, November 23rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Brookdale Senior Living in a research report on Wednesday, January 21st. Barclays increased their target price on Brookdale Senior Living to $18.00 and gave the company an “overweight” rating in a research note on Tuesday, February 3rd. Bank of America upgraded Brookdale Senior Living from an “underperform” rating to a “buy” rating and raised their price target for the company from $6.75 to $13.00 in a research report on Tuesday, January 6th. Finally, Citigroup raised Brookdale Senior Living to a “buy” rating in a research note on Tuesday, January 6th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $16.00.

Institutional Investors Weigh In On Brookdale Senior Living

A number of hedge funds and other institutional investors have recently modified their holdings of BKD. Caitong International Asset Management Co. Ltd grew its position in Brookdale Senior Living by 44,583.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,681 shares of the company’s stock worth $29,000 after acquiring an additional 2,675 shares during the last quarter. Larson Financial Group LLC bought a new stake in Brookdale Senior Living in the third quarter valued at approximately $59,000. Strs Ohio purchased a new stake in shares of Brookdale Senior Living during the first quarter valued at approximately $61,000. FNY Investment Advisers LLC purchased a new stake in shares of Brookdale Senior Living during the fourth quarter valued at approximately $62,000. Finally, Covestor Ltd grew its holdings in shares of Brookdale Senior Living by 55.8% in the third quarter. Covestor Ltd now owns 9,576 shares of the company’s stock worth $81,000 after purchasing an additional 3,428 shares during the last quarter.

About Brookdale Senior Living

Brookdale Senior Living Inc (NYSE: BKD) is one of the nation’s largest operators of senior living communities, offering a full spectrum of living options that includes independent living, assisted living, memory care, continuing care retirement communities, respite care and skilled nursing services. The company emphasizes programs and amenities that support wellness, social engagement and overall quality of life for older adults.

Across the United States and Puerto Rico, Brookdale manages more than 700 communities serving tens of thousands of residents.