Los Angeles Capital Management LLC Has $1.49 Million Stock Holdings in Brookdale Senior Living Inc. (NYSE:BKD)

Los Angeles Capital Management LLC cut its position in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 0.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 225,302 shares of the company’s stock after selling 1,888 shares during the quarter. Los Angeles Capital Management LLC owned 0.12% of Brookdale Senior Living worth $1,489,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. MQS Management LLC acquired a new stake in Brookdale Senior Living during the third quarter worth about $49,000. Counterpoint Mutual Funds LLC acquired a new stake in Brookdale Senior Living during the fourth quarter worth about $104,000. Aigen Investment Management LP acquired a new stake in Brookdale Senior Living during the fourth quarter worth about $109,000. Dynamic Technology Lab Private Ltd acquired a new stake in Brookdale Senior Living during the fourth quarter worth about $160,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its position in Brookdale Senior Living by 33.7% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 42,219 shares of the company’s stock worth $246,000 after buying an additional 10,649 shares in the last quarter.

Brookdale Senior Living Stock Down 1.7 %

Shares of BKD opened at $6.41 on Friday. The stock has a market cap of $1.24 billion, a price-to-earnings ratio of -8.32 and a beta of 1.34. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 10.23. Brookdale Senior Living Inc. has a 12 month low of $3.43 and a 12 month high of $7.62. The company has a 50-day moving average price of $6.79 and a two-hundred day moving average price of $6.21.

Brookdale Senior Living (NYSE:BKD) last posted its earnings results on Tuesday, May 7th. The company reported ($0.13) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.03. Brookdale Senior Living had a negative net margin of 5.71% and a negative return on equity of 44.72%. The company had revenue of $782.83 million during the quarter. Equities analysts predict that Brookdale Senior Living Inc. will post -0.52 EPS for the current fiscal year.

Analyst Ratings Changes

BKD has been the subject of a number of analyst reports. Royal Bank of Canada restated an “outperform” rating and set a $9.00 price target on shares of Brookdale Senior Living in a research note on Tuesday, April 9th. StockNews.com cut shares of Brookdale Senior Living from a “hold” rating to a “sell” rating in a research note on Friday, June 7th.

About Brookdale Senior Living

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.