Brookdale Senior Living Inc. (BKD) Position Raised by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd boosted its stake in Brookdale Senior Living Inc. (NYSE:BKD) by 527.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 116,875 shares of the company’s stock after purchasing an additional 98,259 shares during the quarter. Dynamic Technology Lab Private Ltd owned about 0.06% of Brookdale Senior Living worth $1,240,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Harvest Fund Management Co. Ltd purchased a new stake in Brookdale Senior Living in the second quarter valued at approximately $101,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Brookdale Senior Living by 12.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,943 shares of the company’s stock valued at $102,000 after purchasing an additional 761 shares in the last quarter. Merriman Wealth Management LLC purchased a new stake in Brookdale Senior Living in the third quarter valued at approximately $108,000. EP Wealth Advisors LLC purchased a new stake in Brookdale Senior Living in the second quarter valued at approximately $148,000. Finally, Quantitative Systematic Strategies LLC purchased a new stake in Brookdale Senior Living in the second quarter valued at approximately $169,000.

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A number of equities research analysts recently weighed in on the stock. Zacks Investment Research downgraded shares of Brookdale Senior Living from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 10th. Stifel Nicolaus lowered their target price on shares of Brookdale Senior Living from $20.00 to $16.00 and set a “buy” rating on the stock in a research note on Tuesday, August 8th. ValuEngine downgraded shares of Brookdale Senior Living from a “buy” rating to a “hold” rating in a research note on Monday, August 28th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $19.00 target price on shares of Brookdale Senior Living in a research note on Friday, October 13th. Finally, BidaskClub downgraded shares of Brookdale Senior Living from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 12th. Three equities research analysts have rated the stock with a sell rating and four have given a buy rating to the company. Brookdale Senior Living currently has an average rating of “Hold” and an average price target of $15.30.

Brookdale Senior Living Inc. (NYSE BKD) traded up $0.11 during mid-day trading on Monday, hitting $10.42. 1,971,000 shares of the company’s stock traded hands, compared to its average volume of 3,418,313. Brookdale Senior Living Inc. has a 52-week low of $8.78 and a 52-week high of $16.31. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 3.23.

Brookdale Senior Living (NYSE:BKD) last posted its quarterly earnings results on Monday, November 6th. The company reported ($2.22) EPS for the quarter, missing the consensus estimate of ($0.25) by ($1.97). The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Brookdale Senior Living had a negative return on equity of 0.79% and a negative net margin of 17.85%. The company’s revenue was down 5.9% compared to the same quarter last year. During the same period last year, the business posted ($0.28) earnings per share. analysts anticipate that Brookdale Senior Living Inc. will post -2.11 EPS for the current year.

Brookdale Senior Living Company Profile

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.

Institutional Ownership by Quarter for Brookdale Senior Living (NYSE:BKD)

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