Eversept Partners LP Acquires Shares of 374,929 Brookdale Senior Living Inc. $BKD

Eversept Partners LP acquired a new stake in Brookdale Senior Living Inc. (NYSE:BKD) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 374,929 shares of the company’s stock, valued at approximately $4,045,000. Eversept Partners LP owned about 0.16% of Brookdale Senior Living as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of BKD. Senator Investment Group LP bought a new position in Brookdale Senior Living in the 4th quarter valued at $36,786,000. Mason Capital Management LLC bought a new position in Brookdale Senior Living in the 3rd quarter valued at $20,971,000. Wellington Management Group LLP raised its position in Brookdale Senior Living by 24.5% in the 3rd quarter. Wellington Management Group LLP now owns 11,609,307 shares of the company’s stock valued at $98,331,000 after purchasing an additional 2,282,151 shares during the last quarter. Maple Rock Capital Partners Inc. raised its position in Brookdale Senior Living by 34.9% in the 4th quarter. Maple Rock Capital Partners Inc. now owns 8,497,048 shares of the company’s stock valued at $91,683,000 after purchasing an additional 2,199,000 shares during the last quarter. Finally, Millennium Management LLC raised its position in Brookdale Senior Living by 124.0% in the 3rd quarter. Millennium Management LLC now owns 2,477,684 shares of the company’s stock valued at $20,986,000 after purchasing an additional 1,371,606 shares during the last quarter.

Brookdale Senior Living Stock Down 0.9%

Shares of Brookdale Senior Living stock opened at $13.63 on Thursday. Brookdale Senior Living Inc. has a 12 month low of $6.65 and a 12 month high of $17.09. The business has a fifty day simple moving average of $13.34 and a 200 day simple moving average of $13.19. The stock has a market cap of $3.25 billion, a PE ratio of -15.85 and a beta of 0.63.

Brookdale Senior Living (NYSE:BKD) last announced its quarterly earnings data on Wednesday, May 6th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). Brookdale Senior Living had a negative return on equity of 15,050.32% and a negative net margin of 6.51%.The company had revenue of $764.86 million for the quarter, compared to analyst estimates of $771.16 million. Analysts expect that Brookdale Senior Living Inc. will post -0.1 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Stephens assumed coverage on Brookdale Senior Living in a research note on Thursday, April 9th. They issued an “overweight” rating and a $18.00 target price for the company. Weiss Ratings cut Brookdale Senior Living from a “sell (d)” rating to a “sell (d-)” rating in a research note on Wednesday, May 27th. Zacks Research cut Brookdale Senior Living from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Royal Bank Of Canada reissued an “outperform” rating on shares of Brookdale Senior Living in a research note on Friday, February 20th. Finally, Compass Point assumed coverage on Brookdale Senior Living in a research note on Monday. They issued a “buy” rating and a $22.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Brookdale Senior Living presently has a consensus rating of “Moderate Buy” and an average target price of $17.60.

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.