Brookdale Senior Living (NYSE:BKD) Reaches New 12-Month Low – What’s Next?

Shares of Brookdale Senior Living Inc. (NYSE:BKD) reached a new 52-week low on Monday . The company traded as low as $4.46 and last traded at $4.46, with a volume of 69643 shares trading hands. The stock had previously closed at $4.55.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on BKD shares. Royal Bank of Canada reiterated an “outperform” rating and set a $8.00 price objective on shares of Brookdale Senior Living in a research note on Friday, December 20th. Jefferies Financial Group assumed coverage on shares of Brookdale Senior Living in a research note on Wednesday, October 16th. They issued a “buy” rating and a $8.00 price target on the stock. Finally, Macquarie reaffirmed an “outperform” rating and issued a $8.00 target price on shares of Brookdale Senior Living in a report on Friday, December 20th. Two analysts have rated the stock with a sell rating and three have assigned a buy rating to the company. According to MarketBeat, Brookdale Senior Living currently has an average rating of “Hold” and a consensus target price of $7.50.

Brookdale Senior Living Stock Performance

The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 14.46. The stock has a market capitalization of $951.23 million, a P/E ratio of -5.19 and a beta of 1.29. The business has a fifty day moving average price of $5.01 and a 200-day moving average price of $5.94.

Insider Buying and Selling at Brookdale Senior Living

In other news, Director Lee S. Wielansky sold 10,000 shares of the firm’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $5.62, for a total value of $56,200.00. Following the transaction, the director now directly owns 211,382 shares in the company, valued at $1,187,966.84. This trade represents a 4.52 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 1.80% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. SG Americas Securities LLC grew its stake in shares of Brookdale Senior Living by 13.8% during the 3rd quarter. SG Americas Securities LLC now owns 43,053 shares of the company’s stock valued at $292,000 after purchasing an additional 5,208 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in shares of Brookdale Senior Living by 6.9% in the second quarter. The Manufacturers Life Insurance Company now owns 101,442 shares of the company’s stock worth $693,000 after buying an additional 6,508 shares during the last quarter. R Squared Ltd bought a new stake in Brookdale Senior Living during the fourth quarter valued at approximately $33,000. Swiss National Bank increased its holdings in Brookdale Senior Living by 2.9% during the fourth quarter. Swiss National Bank now owns 368,439 shares of the company’s stock valued at $1,853,000 after buying an additional 10,500 shares during the last quarter. Finally, Aigen Investment Management LP raised its position in Brookdale Senior Living by 69.5% in the third quarter. Aigen Investment Management LP now owns 25,960 shares of the company’s stock worth $176,000 after acquiring an additional 10,647 shares during the period.

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.