XTX Topco Ltd Invests $511,000 in Brookdale Senior Living Inc. (NYSE:BKD)

XTX Topco Ltd purchased a new position in shares of Brookdale Senior Living Inc. (NYSE:BKD) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 75,224 shares of the company’s stock, valued at approximately $511,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Jane Street Group LLC boosted its stake in shares of Brookdale Senior Living by 43.7% during the third quarter. Jane Street Group LLC now owns 303,695 shares of the company’s stock worth $2,062,000 after buying an additional 92,344 shares during the period. Wellington Management Group LLP raised its stake in Brookdale Senior Living by 11.4% during the 3rd quarter. Wellington Management Group LLP now owns 7,826,807 shares of the company’s stock valued at $53,144,000 after acquiring an additional 799,744 shares during the last quarter. Rush Island Management LP lifted its position in Brookdale Senior Living by 31.9% during the 3rd quarter. Rush Island Management LP now owns 5,116,632 shares of the company’s stock worth $34,742,000 after acquiring an additional 1,237,727 shares during the period. Polar Asset Management Partners Inc. purchased a new position in shares of Brookdale Senior Living in the 3rd quarter valued at approximately $1,762,000. Finally, Cinctive Capital Management LP purchased a new position in shares of Brookdale Senior Living in the 3rd quarter valued at approximately $834,000.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on BKD shares. Royal Bank of Canada reaffirmed an “outperform” rating and set a $9.00 price target on shares of Brookdale Senior Living in a report on Wednesday, October 9th. Macquarie reaffirmed an “outperform” rating and issued a $8.00 target price on shares of Brookdale Senior Living in a report on Wednesday, October 9th. Bank of America lowered shares of Brookdale Senior Living from a “neutral” rating to an “underperform” rating and dropped their price target for the stock from $7.75 to $6.00 in a research note on Monday, October 7th. Finally, Jefferies Financial Group began coverage on shares of Brookdale Senior Living in a research report on Wednesday, October 16th. They issued a “buy” rating and a $8.00 price objective for the company. Two research analysts have rated the stock with a sell rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $7.75.

Brookdale Senior Living Price Performance

Shares of NYSE BKD opened at $5.28 on Friday. The company’s fifty day moving average is $5.80 and its two-hundred day moving average is $6.57. The company has a debt-to-equity ratio of 14.46, a quick ratio of 0.81 and a current ratio of 0.81. The firm has a market capitalization of $1.05 billion, a P/E ratio of -5.74 and a beta of 1.29. Brookdale Senior Living Inc. has a one year low of $5.08 and a one year high of $8.12.

Brookdale Senior Living (NYSE:BKD) last issued its earnings results on Wednesday, November 6th. The company reported ($0.22) earnings per share for the quarter, missing the consensus estimate of ($0.16) by ($0.06). Brookdale Senior Living had a negative return on equity of 59.06% and a negative net margin of 6.75%. The company had revenue of $784.17 million for the quarter, compared to analyst estimates of $785.61 million. During the same quarter in the previous year, the company posted ($0.22) earnings per share. Analysts forecast that Brookdale Senior Living Inc. will post -0.7 EPS for the current fiscal year.

Insider Buying and Selling

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. Insiders own 1.80% of the company’s stock.

Brookdale Senior Living 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.