Brookdale Senior Living, Inc. (NYSE:BKD) was the target of a significant increase in short interest during the month of August. As of August 15th, there was short interest totalling 24,292,809 shares, an increase of 16.4% from the July 31st total of 20,870,529 shares. Approximately 15.3% of the shares of the company are short sold. Based on an average trading volume of 3,035,165 shares, the short-interest ratio is currently 8.0 days.

A number of equities research analysts have weighed in on the stock. Stifel Nicolaus decreased their price target on shares of Brookdale Senior Living from $9.00 to $8.00 and set a “hold” rating on the stock in a research note on Tuesday, August 7th. Zacks Investment Research cut Brookdale Senior Living from a “hold” rating to a “sell” rating in a report on Tuesday, July 10th. Finally, ValuEngine raised Brookdale Senior Living from a “strong sell” rating to a “sell” rating in a report on Tuesday, August 28th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. Brookdale Senior Living has an average rating of “Hold” and an average target price of $8.92.

In related news, Director Marcus E. Bromley acquired 6,400 shares of the stock in a transaction dated Tuesday, August 14th. The shares were acquired at an average price of $7.85 per share, for a total transaction of $50,240.00. Following the completion of the purchase, the director now owns 54,619 shares in the company, valued at approximately $428,759.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 1.20% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP boosted its position in Brookdale Senior Living by 8.2% during the 2nd quarter. Dimensional Fund Advisors LP now owns 15,664,280 shares of the company’s stock worth $142,390,000 after acquiring an additional 1,186,239 shares during the last quarter. Fosun International Ltd raised its stake in shares of Brookdale Senior Living by 1.1% during the 2nd quarter. Fosun International Ltd now owns 15,268,447 shares of the company’s stock worth $138,791,000 after purchasing an additional 168,558 shares in the last quarter. BlackRock Inc. raised its stake in shares of Brookdale Senior Living by 51.3% during the 2nd quarter. BlackRock Inc. now owns 13,596,562 shares of the company’s stock worth $123,593,000 after purchasing an additional 4,612,157 shares in the last quarter. Morgan Stanley raised its stake in shares of Brookdale Senior Living by 12.5% during the 2nd quarter. Morgan Stanley now owns 9,928,319 shares of the company’s stock worth $90,249,000 after purchasing an additional 1,107,030 shares in the last quarter. Finally, Land & Buildings Investment Management LLC raised its stake in shares of Brookdale Senior Living by 25.2% during the 2nd quarter. Land & Buildings Investment Management LLC now owns 7,171,671 shares of the company’s stock worth $65,190,000 after purchasing an additional 1,442,276 shares in the last quarter.

Shares of BKD stock traded down $0.27 on Friday, reaching $9.38. The company had a trading volume of 832,734 shares, compared to its average volume of 1,917,658. The company has a debt-to-equity ratio of 4.93, a current ratio of 0.75 and a quick ratio of 0.75. The stock has a market cap of $1.81 billion, a PE ratio of -12.03 and a beta of 1.69. Brookdale Senior Living has a 12 month low of $6.28 and a 12 month high of $11.71.

Brookdale Senior Living (NYSE:BKD) last issued its quarterly earnings data on Monday, August 6th. The company reported ($0.88) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.22) by ($0.66). Brookdale Senior Living had a negative net margin of 21.80% and a negative return on equity of 13.56%. The business had revenue of $1.16 billion during the quarter, compared to analyst estimates of $1.16 billion. During the same quarter in the prior year, the firm posted ($0.25) earnings per share. Brookdale Senior Living’s revenue for the quarter was down 2.7% compared to the same quarter last year. research analysts anticipate that Brookdale Senior Living will post -1.03 earnings per share for the current year.

About Brookdale Senior Living

Brookdale Senior Living Inc owns and operates senior living communities in the United States. It operates through five segments: Retirement Centers, Assisted Living, CCRCs ? Rental, Brookdale Ancillary Services, and Management Services. The Retirement Centers segment owns or leases communities comprising independent living and assisted living units in a single community that are primarily designed for middle to upper income senior citizens.

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