Brookdale Senior Living Inc
- Author: Zachary Reyes Mar 30, 2017,
Mar 30, 2017, 16:30
(NYSE:BKD) is expected to post revenue of $1.21 Billion in the current quarter, according to consensus of 5 analysts. On Wednesday, November 2 the stock rating was downgraded by Wells Fargo to "Market Perform". The Retirement Centers segment includes owned or leased communities for middle to upper income seniors. Cubic Asset Management Llc sold 142,640 shares as Symantec Corp (SYMC)'s stock rose 22.68%. Nationwide Fund Advisors increased its stake in shares of Brookdale Senior Living by 138.4% in the third quarter. Shifting gears, let's take a look at the MF Rank (Magic Formula) on shares of Capital Senior Living Corporation (NYSE:CSU). For the quarter, shares have been noted at -1.76%. TIAA CREF Investment Management LLC increased its stake in shares of Brookdale Senior Living by 19.4% in the third quarter. Janus Capital Management LLC now owns 17,818 shares of the company's stock worth $222,000 after buying an additional 5,815 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in Brookdale Senior Living during the fourth quarter worth approximately $185,000.
Since the beginning of the calendar year, the stock is 3.22%.
01/12/2017 - Brookdale Senior Living Inc. was upgraded to "outperform" by analysts at Wells Fargo. (Read Latest [Free Analytic] Facts on NYSE:BKD and Be Updated) To accommodate long-term intention, calculate Return on Investment of -0.60%. (BKD) has the trading volume of 8.58 Million shares with the average trading volume of 4.06 Million shares. Active market trackers might be watching Return on Invested Capital (ROIC) information on Capital Senior Living Corporation (NYSE:CSU). The 50 day moving average of NYSE:BKD is 13.71 and the 200 day moving average is 14.22.
Brookdale Senior Living (NYSE:BKD) last issued its earnings results on Monday, February 13th. The stock now shows its YTD (Year to Date) performance of 3.22 percent while its Weekly performance value is 7.19%. The business had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.22 billion. Likewise, the negative performance for the quarter was recorded as -0.70% and for the year was -15.84%, while the YTD performance remained at 2.25%. They expect $0.48 earnings per share, down 17.24% or $0.10 from last year's $0.58 per share.
In the a year ago Brookdale Senior Living's stock price has decreased by -15.9% from 15.09 to 12.69.
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Other institutional investors have also recently bought and sold shares of the company. $26.17's average target is 106.06% above currents $12.7 stock price. Brookdale Senior Living had 20 analyst reports since August 5, 2015 according to SRatingsIntel. Royal Bank of Canada reissued a "buy" rating and set a $19.00 price objective on shares of Brookdale Senior Living in a report on Wednesday, February 15th.
Basically, a price target is an individual analyst's projection on the future price of a stock.
Among 19 analysts covering Symantec (NASDAQ:SYMC), 8 have Buy rating, 0 Sell and 11 Hold. The company presently has an average rating of "Hold" and an average target price of $19.50. For the current year Brookdale Senior Living, Inc. It operates through five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services and Management Services. It operates through five segments: Retirement Centers; Assisted Living; CCRCs-Rental; Brookdale Ancillary Services and Management Services. The Magic Formula was devised by hedge fund manager Joel Greenblatt.