Edmond DE Rothschild Holding S.A. Takes $25.26 Million Position in Brookdale Senior Living Inc. $BKD

Edmond DE Rothschild Holding S.A. acquired a new stake in Brookdale Senior Living Inc. (NYSE:BKD) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,570,000 shares of the company’s stock, valued at approximately $25,261,000. Edmond DE Rothschild Holding S.A. owned approximately 0.66% of Brookdale Senior Living as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. WCM Investment Management LLC acquired a new position in Brookdale Senior Living during the first quarter valued at approximately $171,681,000. Wellington Management Group LLP boosted its holdings in shares of Brookdale Senior Living by 24.5% during the 3rd quarter. Wellington Management Group LLP now owns 11,609,307 shares of the company’s stock worth $98,331,000 after buying an additional 2,282,151 shares during the period. Maple Rock Capital Partners Inc. grew its stake 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 buying an additional 2,199,000 shares during the last quarter. Renaissance Technologies LLC grew its stake in Brookdale Senior Living by 20.4% in the 1st quarter. Renaissance Technologies LLC now owns 7,663,564 shares of the company’s stock valued at $104,838,000 after buying an additional 1,300,100 shares during the last quarter. Finally, Bank of America Corp DE raised its holdings in Brookdale Senior Living by 3.8% in the 2nd quarter. Bank of America Corp DE now owns 6,507,559 shares of the company’s stock worth $45,293,000 after acquiring an additional 238,042 shares during the period.

Brookdale Senior Living Trading Down 0.9%

BKD opened at $12.11 on Thursday. The stock has a market cap of $2.89 billion, a PE ratio of -20.87, a P/E/G ratio of 5.92 and a beta of 0.60. Brookdale Senior Living Inc. has a 1 year low of $7.11 and a 1 year high of $17.09. The stock’s 50 day simple moving average is $14.37 and its 200-day simple moving average is $14.21.

Brookdale Senior Living (NYSE:BKD) last issued its earnings results on Monday, August 10th. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.16. Brookdale Senior Living had a negative return on equity of 15,050.32% and a negative net margin of 4.53%.The business had revenue of $718.58 million during the quarter, compared to analyst estimates of $735.63 million. Equities analysts forecast that Brookdale Senior Living Inc. will post 0.06 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Compass Point initiated coverage on shares of Brookdale Senior Living in a research report on Monday, June 15th. They set a “buy” rating and a $22.00 target price for the company. Barclays dropped their price objective on Brookdale Senior Living from $18.00 to $17.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 11th. Finally, Weiss Ratings downgraded Brookdale Senior Living from a “sell (d)” rating to a “sell (d-)” rating in a research note on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $17.40.

Brookdale Senior Living Profile

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.