Retirement Income Solutions Inc Makes New $114,000 Investment in Brookdale Senior Living Inc. (NYSE:BKD)

Retirement Income Solutions Inc bought a new position in Brookdale Senior Living Inc. (NYSE:BKD) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 22,742 shares of the company’s stock, valued at approximately $114,000.

A number of other hedge funds have also recently bought and sold shares of the company. R Squared Ltd bought a new stake in Brookdale Senior Living in the 4th quarter valued at about $33,000. Quest Partners LLC bought a new position in shares of Brookdale Senior Living during the third quarter valued at approximately $104,000. Aigen Investment Management LP raised its holdings in shares of Brookdale Senior Living by 69.5% during the third quarter. Aigen Investment Management LP now owns 25,960 shares of the company’s stock valued at $176,000 after acquiring an additional 10,647 shares in the last quarter. Quantbot Technologies LP bought a new position in Brookdale Senior Living in the third quarter worth $218,000. Finally, Atria Investments Inc grew its stake in shares of Brookdale Senior Living by 68.6% in the third quarter. Atria Investments Inc now owns 41,469 shares of the company’s stock worth $282,000 after acquiring an additional 16,878 shares during the last quarter.

Insider Transactions at Brookdale Senior Living

In other Brookdale Senior Living news, Director Lee S. Wielansky sold 10,000 shares of the business’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $5.62, for a total transaction of $56,200.00. Following the sale, the director now directly owns 211,382 shares in the company, valued at approximately $1,187,966.84. The trade was a 4.52 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 1.80% of the company’s stock.

Brookdale Senior Living Stock Down 0.3 %

Shares of NYSE BKD opened at $5.30 on Monday. The company has a 50 day simple moving average of $4.99 and a 200-day simple moving average of $5.89. The company has a market capitalization of $1.05 billion, a P/E ratio of -5.76 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. Brookdale Senior Living Inc. has a 1 year low of $4.45 and a 1 year high of $8.12.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Royal Bank of Canada reissued an “outperform” rating and issued a $8.00 target price on shares of Brookdale Senior Living in a research report on Friday, December 20th. Macquarie reaffirmed an “outperform” rating and issued a $8.00 price objective on shares of Brookdale Senior Living in a research note on Friday, December 20th. Two equities research analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Brookdale Senior Living currently has an average rating of “Hold” and an average target price of $7.50.

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.