Brookdale Senior Living Inc. (NYSE:BKD) Stock Rating Lowered by ValuEngine

ValuEngine downgraded shares of Brookdale Senior Living Inc. (NYSE:BKD) from a buy rating to a hold rating in a research report sent to investors on Monday, August 28th.

A number of other analysts also recently issued reports on BKD. Jefferies Group LLC reaffirmed a buy rating on shares of Brookdale Senior Living in a research note on Tuesday, May 2nd. Zacks Investment Research upgraded Brookdale Senior Living from a sell rating to a hold rating in a report on Thursday, May 11th. BidaskClub cut Brookdale Senior Living from a hold rating to a sell rating in a report on Wednesday, July 19th. Finally, Stifel Nicolaus dropped their price objective on Brookdale Senior Living from $20.00 to $16.00 and set a buy rating for the company in a report on Tuesday, August 8th. Five equities research analysts have rated the stock with a sell rating and four have issued a buy rating to the stock. Brookdale Senior Living presently has a consensus rating of Hold and an average price target of $16.50.

Brookdale Senior Living (NYSE BKD) traded down 1.28% on Monday, hitting $11.55. 1,978,254 shares of the stock traded hands. Brookdale Senior Living has a 1-year low of $10.65 and a 1-year high of $18.34. The company’s market cap is $2.15 billion. The stock has a 50-day moving average price of $12.23 and a 200 day moving average price of $13.32.

Brookdale Senior Living (NYSE:BKD) last issued its earnings results on Monday, August 7th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.56 by ($0.79). Brookdale Senior Living had a negative net margin of 10.14% and a positive return on equity of 6.00%. The business had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same period last year, the business posted ($0.19) EPS. The firm’s revenue for the quarter was down 5.7% compared to the same quarter last year. On average, analysts anticipate that Brookdale Senior Living will post $1.80 EPS for the current fiscal year.

WARNING: This news story was originally posted by BBNS and is owned by of BBNS. If you are accessing this news story on another publication, it was illegally copied and republished in violation of international copyright & trademark law. The legal version of this news story can be read at https://baseballnewssource.com/markets/valuengine-lowers-brookdale-senior-living-inc-bkd-to-hold/1565700.html.

A number of large investors have recently made changes to their positions in the stock. EP Wealth Advisors LLC acquired a new position in Brookdale Senior Living during the 2nd quarter valued at about $148,000. Dynamic Technology Lab Private Ltd increased its position in Brookdale Senior Living by 43.2% during the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 18,616 shares of the company’s stock valued at $273,000 after buying an additional 5,618 shares in the last quarter. Public Employees Retirement System of Ohio increased its position in Brookdale Senior Living by 0.6% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 568,461 shares of the company’s stock valued at $8,362,000 after buying an additional 3,662 shares in the last quarter. Nomura Holdings Inc. acquired a new position in Brookdale Senior Living during the 2nd quarter valued at about $432,000. Finally, Princeton Portfolio Strategies Group LLC increased its position in Brookdale Senior Living by 3.7% during the 2nd quarter. Princeton Portfolio Strategies Group LLC now owns 81,030 shares of the company’s stock valued at $1,192,000 after buying an additional 2,894 shares in the last quarter. 99.66% of the stock is currently owned by institutional investors.

About Brookdale Senior Living

Brookdale Senior Living Inc operates senior living communities in the United States. The Company operates independent living, assisted living and dementia-care communities, and continuing care retirement centers (CCRCs). It operates through five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services and Management Services.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Brookdale Senior Living (NYSE:BKD)

Receive News & Ratings for Brookdale Senior Living Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookdale Senior Living Inc. and related companies with our FREE daily email newsletter.

 


Latest News

Los Angeles Dodgers Waiting But Magic Number Down to One
Los Angeles Dodgers Waiting But Magic Number Down to One
Young Girl Hit by Foul Ball Rushed to Hospital
Young Girl Hit by Foul Ball Rushed to Hospital
New Home Run Record Reached in Major League Baseball
New Home Run Record Reached in Major League Baseball
Will 2017 MLB Season End with No 20-Game Winner?
Will 2017 MLB Season End with No 20-Game Winner?
Cleveland Indians Winning Streak Snapped at 22
Cleveland Indians Winning Streak Snapped at 22
Tigers Player Might Play All Nine Positions During Same Game
Tigers Player Might Play All Nine Positions During Same Game


Leave a Reply

 
© 2006-2017 BBNS.