American Century Companies Inc. Trims Stock Holdings in Brookdale Senior Living Inc. (NYSE:BKD)

American Century Companies Inc. lowered its holdings in Brookdale Senior Living Inc. (NYSE:BKD) by 9.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,075,547 shares of the company’s stock after selling 206,151 shares during the period. American Century Companies Inc. owned approximately 1.04% of Brookdale Senior Living worth $10,440,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. R Squared Ltd purchased a new position in Brookdale Senior Living during the 4th quarter valued at about $33,000. Cibc World Markets Corp bought a new stake in Brookdale Senior Living during the 4th quarter worth approximately $90,000. Illumine Investment Management LLC purchased a new stake in Brookdale Senior Living in the 4th quarter worth approximately $101,000. Retirement Income Solutions Inc bought a new position in Brookdale Senior Living in the 4th quarter valued at $114,000. Finally, Quantbot Technologies LP purchased a new position in shares of Brookdale Senior Living during the 3rd quarter valued at $218,000.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Royal Bank of Canada restated an “outperform” rating and set a $8.00 target price on shares of Brookdale Senior Living in a research report on Thursday, February 20th. Macquarie reissued an “outperform” rating and set a $8.00 price objective on shares of Brookdale Senior Living in a report on Wednesday, March 12th. Finally, Barclays began coverage on shares of Brookdale Senior Living in a research note on Tuesday. They issued an “equal weight” rating and a $7.00 target price on the stock. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Brookdale Senior Living currently has an average rating of “Hold” and an average target price of $7.40.

Brookdale Senior Living Stock Performance

NYSE:BKD opened at $6.07 on Thursday. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of -6.82 and a beta of 1.31. The business has a 50 day moving average of $5.48 and a 200 day moving average of $5.62. The company has a debt-to-equity ratio of 20.05, a current ratio of 0.88 and a quick ratio of 0.88. Brookdale Senior Living Inc. has a 1-year low of $4.45 and a 1-year high of $8.12.

Brookdale Senior Living (NYSE:BKD) last announced its quarterly earnings data on Tuesday, February 18th. The company reported ($0.37) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.21). The business had revenue of $780.95 million during the quarter, compared to the consensus estimate of $781.78 million. Brookdale Senior Living had a negative return on equity of 65.92% and a negative net margin of 6.46%. On average, sell-side analysts predict that Brookdale Senior Living Inc. will post -0.56 earnings per share for the current fiscal year.

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.