Voya Investment Management LLC lessened its position in Brookdale Senior Living Inc. (NYSE:BKD) by 8.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 51,520 shares of the company’s stock after selling 4,771 shares during the period. Voya Investment Management LLC’s holdings in Brookdale Senior Living were worth $758,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP lifted its stake in shares of Brookdale Senior Living by 38.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 9,887,660 shares of the company’s stock worth $145,448,000 after acquiring an additional 2,751,084 shares during the period. Blue Jay Capital Management LLC acquired a new stake in shares of Brookdale Senior Living in the 2nd quarter worth $6,620,000. Virtu KCG Holdings LLC acquired a new stake in shares of Brookdale Senior Living in the 2nd quarter worth $821,000. Parametric Portfolio Associates LLC lifted its stake in shares of Brookdale Senior Living by 41.0% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 364,280 shares of the company’s stock worth $5,359,000 after acquiring an additional 105,938 shares during the period. Finally, Cibc World Markets Corp lifted its stake in shares of Brookdale Senior Living by 236.6% in the 2nd quarter. Cibc World Markets Corp now owns 1,138,066 shares of the company’s stock worth $16,741,000 after acquiring an additional 800,000 shares during the period. Institutional investors own 99.98% of the company’s stock.

TRADEMARK VIOLATION WARNING: This report was first published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this report on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this report can be read at https://theolympiareport.com/2017/10/31/brookdale-senior-living-inc-bkd-stake-lowered-by-voya-investment-management-llc.html.

Brookdale Senior Living Inc. (NYSE:BKD) opened at 9.56 on Tuesday. The stock’s market cap is $1.78 billion. The stock has a 50 day moving average of $10.67 and a 200-day moving average of $12.80. Brookdale Senior Living Inc. has a one year low of $9.44 and a one year high of $16.31.

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

A number of brokerages have recently issued reports on BKD. Zacks Investment Research downgraded shares of Brookdale Senior Living from a “hold” rating to a “strong sell” rating in a report on Thursday, August 10th. BidaskClub downgraded shares of Brookdale Senior Living from a “sell” rating to a “strong sell” rating in a report on Saturday, August 12th. Stifel Nicolaus cut their price target on shares of Brookdale Senior Living from $20.00 to $16.00 and set a “buy” rating for the company in a report on Tuesday, August 8th. Jefferies Group LLC set a $14.00 price target on shares of Brookdale Senior Living and gave the company a “buy” rating in a report on Friday, October 20th. Finally, Royal Bank Of Canada reiterated a “buy” rating and issued a $19.00 price target on shares of Brookdale Senior Living in a report on Friday, October 13th. Five equities research analysts have rated the stock with a sell rating and four have issued a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $16.08.

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.

Want to see what other hedge funds are holding BKD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Brookdale Senior Living Inc. (NYSE:BKD).

Institutional Ownership by Quarter 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 Analyst Ratings Network's FREE daily email newsletter.