California State Teachers Retirement System lessened its stake in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 10.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 339,303 shares of the company’s stock after selling 37,664 shares during the period. California State Teachers Retirement System owned approximately 0.18% of Brookdale Senior Living worth $4,991,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in BKD. Princeton Portfolio Strategies Group LLC increased its stake in Brookdale Senior Living by 3.7% in the second quarter. Princeton Portfolio Strategies Group LLC now owns 81,030 shares of the company’s stock worth $1,192,000 after purchasing an additional 2,894 shares during the period. Redmile Group LLC purchased a new stake in Brookdale Senior Living in the second quarter worth $178,000. Cubist Systematic Strategies LLC increased its stake in Brookdale Senior Living by 141.8% in the second quarter. Cubist Systematic Strategies LLC now owns 112,791 shares of the company’s stock worth $1,659,000 after purchasing an additional 66,152 shares during the period. Glenview Capital Management LLC increased its stake in Brookdale Senior Living by 3.5% in the second quarter. Glenview Capital Management LLC now owns 15,250,718 shares of the company’s stock worth $224,338,000 after purchasing an additional 520,000 shares during the period. Finally, State Street Corp increased its stake in Brookdale Senior Living by 1.2% in the second quarter. State Street Corp now owns 2,599,350 shares of the company’s stock worth $38,236,000 after purchasing an additional 29,911 shares during the period. Institutional investors own 99.98% of the company’s stock.

A number of analysts have weighed in on BKD shares. Jefferies Group LLC set a $14.00 target price on Brookdale Senior Living and gave the stock a “buy” rating in a research note on Friday, October 20th. Royal Bank Of Canada reiterated a “buy” rating and issued a $19.00 target price on shares of Brookdale Senior Living in a research note on Friday, October 13th. Stifel Nicolaus reduced their target price on 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 lowered Brookdale Senior Living from a “buy” rating to a “hold” rating in a research note on Monday, August 28th. Finally, Zacks Investment Research lowered Brookdale Senior Living from a “buy” rating to a “hold” rating in a research note on Monday, July 10th. Five equities research analysts have rated the stock with a sell rating and four have assigned a buy rating to the company’s stock. Brookdale Senior Living presently has a consensus rating of “Hold” and an average price target of $16.08.

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Shares of Brookdale Senior Living Inc. (NYSE:BKD) opened at 10.03 on Wednesday. The stock’s market cap is $1.87 billion. The firm has a 50-day moving average price of $10.62 and a 200-day moving average price of $12.78. Brookdale Senior Living Inc. has a 1-year low of $9.44 and a 1-year high of $16.31.

Brookdale Senior Living (NYSE:BKD) last posted its earnings results on Monday, August 7th. The company reported ($0.23) EPS for the quarter, missing the Zacks’ 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 during the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter in the prior year, the firm earned ($0.19) EPS. Brookdale Senior Living’s revenue for the quarter was down 5.7% compared to the same quarter last year. Equities analysts forecast that Brookdale Senior Living Inc. will post $1.80 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.

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

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