UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 9,385 Shares of Brookdale Senior Living Inc. (NYSE:BKD)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lowered its holdings in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 1.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 494,522 shares of the company’s stock after selling 9,385 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.25% of Brookdale Senior Living worth $3,358,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in BKD. Assenagon Asset Management S.A. bought a new stake in Brookdale Senior Living during the 2nd quarter valued at approximately $9,603,000. Hennessy Advisors Inc. bought a new stake in shares of Brookdale Senior Living during the second quarter valued at approximately $8,513,000. American Century Companies Inc. raised its holdings in Brookdale Senior Living by 63.6% in the second quarter. American Century Companies Inc. now owns 3,159,898 shares of the company’s stock worth $21,582,000 after purchasing an additional 1,228,473 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in Brookdale Senior Living during the second quarter valued at $3,998,000. Finally, Marshall Wace LLP boosted its holdings in shares of Brookdale Senior Living by 35.4% during the 2nd quarter. Marshall Wace LLP now owns 1,936,781 shares of the company’s stock valued at $13,228,000 after buying an additional 506,114 shares in the last quarter.

Brookdale Senior Living Trading Up 0.2 %

NYSE BKD opened at $5.28 on Friday. The stock has a market cap of $1.05 billion, a PE ratio of -5.74 and a beta of 1.29. Brookdale Senior Living Inc. has a 12 month low of $5.08 and a 12 month high of $8.12. The company’s 50-day moving average price is $5.80 and its 200-day moving average price is $6.57. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 14.46.

Brookdale Senior Living (NYSE:BKD) last announced its quarterly earnings results on Wednesday, November 6th. The company reported ($0.22) EPS for the quarter, missing the consensus estimate of ($0.16) by ($0.06). The firm had revenue of $784.17 million for the quarter, compared to analysts’ expectations of $785.61 million. Brookdale Senior Living had a negative net margin of 6.75% and a negative return on equity of 59.06%. During the same quarter in the prior year, the business posted ($0.22) EPS. Equities research analysts forecast that Brookdale Senior Living Inc. will post -0.7 earnings per share for the current year.

Insider Buying and Selling at Brookdale Senior Living

In related news, Director Lee S. Wielansky sold 10,000 shares of the firm’s stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $5.62, for a total transaction of $56,200.00. Following the completion of the transaction, the director now owns 211,382 shares of the company’s stock, valued at $1,187,966.84. This trade represents a 4.52 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.80% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have recently issued reports on BKD. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $9.00 price target on shares of Brookdale Senior Living in a research report on Wednesday, October 9th. Jefferies Financial Group assumed coverage on shares of Brookdale Senior Living in a research note on Wednesday, October 16th. They issued a “buy” rating and a $8.00 target price on the stock. Macquarie reissued an “outperform” rating and set a $8.00 price target on shares of Brookdale Senior Living in a research report on Wednesday, October 9th. Finally, Bank of America lowered shares of Brookdale Senior Living from a “neutral” rating to an “underperform” rating and decreased their price objective for the stock from $7.75 to $6.00 in a report on Monday, October 7th. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Brookdale Senior Living has an average rating of “Hold” and a consensus price target of $7.75.

Brookdale Senior Living Profile

Brookdale Senior Living Inc owns, manages, and operates senior living communities in the United States. It operates in three segments: Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs). The Independent Living segment owns or leases communities comprising independent and assisted living units in a single community that are primarily designed for middle to upper income seniors.