ANTIPODES PARTNERS Ltd Grows Stock Holdings in Brookdale Senior Living Inc. (NYSE:BKD)

ANTIPODES PARTNERS Ltd grew its holdings in shares of Brookdale Senior Living Inc. (NYSE:BKD) by 86.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 7,560,262 shares of the company’s stock after acquiring an additional 3,507,044 shares during the period. Brookdale Senior Living makes up approximately 1.3% of ANTIPODES PARTNERS Ltd’s portfolio, making the stock its 28th largest holding. ANTIPODES PARTNERS Ltd’s holdings in Brookdale Senior Living were worth $38,031,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. R Squared Ltd purchased a new position in Brookdale Senior Living in the 4th quarter worth approximately $33,000. Quest Partners LLC purchased a new position in Brookdale Senior Living in the 3rd quarter worth approximately $104,000. Illumine Investment Management LLC purchased a new position in Brookdale Senior Living in the 4th quarter worth approximately $101,000. Retirement Income Solutions Inc purchased a new position in Brookdale Senior Living in the 4th quarter worth approximately $114,000. Finally, Aigen Investment Management LP raised its holdings in Brookdale Senior Living by 69.5% in the 3rd 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 last quarter.

Brookdale Senior Living Price Performance

Shares of BKD opened at $5.69 on Thursday. The firm has a market cap of $1.14 billion, a PE ratio of -6.39 and a beta of 1.31. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 20.05. The firm has a fifty day simple moving average of $5.14 and a two-hundred day simple moving average of $5.72. 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 issued its quarterly earnings data on Tuesday, February 18th. The company reported ($0.37) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.21). Brookdale Senior Living had a negative net margin of 6.46% and a negative return on equity of 65.92%. The business had revenue of $780.95 million for the quarter, compared to the consensus estimate of $781.78 million. On average, equities analysts anticipate that Brookdale Senior Living Inc. will post -0.56 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Macquarie restated an “outperform” rating and issued a $8.00 price objective on shares of Brookdale Senior Living in a report on Wednesday. Royal Bank of Canada reiterated an “outperform” rating and set a $8.00 target price on shares of Brookdale Senior Living in a research note on Thursday, February 20th. Two equities research analysts have rated the stock with a sell rating and three have issued a buy rating to the stock. According to MarketBeat.com, Brookdale Senior Living currently has an average rating of “Hold” and a consensus price target 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.