Barclays PLC Has $2.19 Million Stock Holdings in Brookdale Senior Living Inc. (NYSE:BKD)

Barclays PLC boosted its position in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 339.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 322,667 shares of the company’s stock after purchasing an additional 249,318 shares during the quarter. Barclays PLC owned 0.16% of Brookdale Senior Living worth $2,192,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of BKD. Bank of New York Mellon Corp grew its holdings in shares of Brookdale Senior Living by 7.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 683,595 shares of the company’s stock valued at $4,669,000 after buying an additional 45,738 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in shares of Brookdale Senior Living by 24.8% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,057,302 shares of the company’s stock worth $7,221,000 after acquiring an additional 209,854 shares in the last quarter. Panagora Asset Management Inc. increased its holdings in shares of Brookdale Senior Living by 7.3% in the second quarter. Panagora Asset Management Inc. now owns 863,451 shares of the company’s stock worth $5,897,000 after acquiring an additional 58,946 shares in the last quarter. Innealta Capital LLC bought a new position in shares of Brookdale Senior Living during the 2nd quarter valued at about $52,000. Finally, Principal Financial Group Inc. lifted its holdings in shares of Brookdale Senior Living by 15.8% during the 2nd quarter. Principal Financial Group Inc. now owns 24,845 shares of the company’s stock valued at $170,000 after purchasing an additional 3,390 shares in the last quarter.

Insider Buying and Selling

In other news, Director Lee S. Wielansky sold 10,000 shares of Brookdale Senior Living stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of $5.62, for a total value 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 position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 1.80% of the stock is owned by corporate insiders.

Brookdale Senior Living Trading Down 0.8 %

Shares of NYSE:BKD opened at $5.07 on Thursday. Brookdale Senior Living Inc. has a one year low of $4.89 and a one year high of $8.12. The stock has a market capitalization of $1.01 billion, a PE ratio of -5.51 and a beta of 1.29. The company has a debt-to-equity ratio of 14.46, a current ratio of 0.81 and a quick ratio of 0.81. The company’s 50-day moving average price is $5.69 and its two-hundred day moving average price is $6.49.

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

Analyst Ratings Changes

Several analysts have commented on the stock. Bank of America downgraded shares of Brookdale Senior Living from a “neutral” rating to an “underperform” rating and dropped their target price for the stock from $7.75 to $6.00 in a report on Monday, October 7th. Macquarie reaffirmed an “outperform” rating and issued a $8.00 price objective on shares of Brookdale Senior Living in a research report on Friday, December 20th. Jefferies Financial Group started coverage on Brookdale Senior Living in a report on Wednesday, October 16th. They set a “buy” rating and a $8.00 target price for the company. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $8.00 price objective on shares of Brookdale Senior Living in a research report on Friday, December 20th. Two research analysts have rated the stock with a sell rating and three have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $7.50.

Brookdale Senior Living Company 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.