Brookdale Senior Living (BKD) : Obermeyer Wood Investment Counsel Lllp reduced its stake in Brookdale Senior Living by 2.78% during the most recent quarter end. The investment management company now holds a total of 3,612,679 shares of Brookdale Senior Living which is valued at $61,957,445 after selling 103,170 shares in Brookdale Senior Living , the firm said in a disclosure report filed with the SEC on Aug 3, 2016.Brookdale Senior Living makes up approximately 5.88% of Obermeyer Wood Investment Counsel Lllp’s portfolio.
Other Hedge Funds, Including , Mercer Capital Advisers reduced its stake in BKD by selling 500 shares or 50.0% in the most recent quarter. The Hedge Fund company now holds 500 shares of BKD which is valued at $9,030. Brookdale Senior Living makes up approx 0.01% of Mercer Capital Advisers’s portfolio. Fox Run Management L.l.c. added BKD to its portfolio by purchasing 24,600 company shares during the most recent quarter which is valued at $433,698. Brookdale Senior Living makes up approx 0.20% of Fox Run Management L.l.c.’s portfolio. Carroll Financial Associates added BKD to its portfolio by purchasing 584 company shares during the most recent quarter which is valued at $10,296.
Brookdale Senior Living opened for trading at $17.31 and hit $17.636 on the upside on Monday, eventually ending the session at $17.37, with a gain of 1.22% or 0.21 points. The heightened volatility saw the trading volume jump to 26,44,766 shares. Company has a market cap of $3,228 M.
On the company’s financial health, Brookdale Senior Living reported $-0.19 EPS for the quarter, missing the analyst consensus estimate by $ -0.07 based on the information available during the earnings call on Aug 8, 2016. Analyst had a consensus of $-0.12. The company had revenue of $1258.83 million for the quarter, compared to analysts expectations of $1260.26 million. The company’s revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.46 EPS.
Brookdale Senior Living Inc. operates senior living communities in the United States. The Company operates independent assisted living and dementia-care communities and continuing care retirement centers (CCRCs). The Company has five operating segments: Retirement Centers; Assisted Living; CCRCs – Rental; Brookdale Ancillary Services and Management Services. The Companys Retirement Centers segment provides senior independent and assisted living services in its retirement center communities. The Companys Assisted Living segment offers housing and assisted living services to mid-acuity frail and elderly residents. The Companys CCRCs – Rental segment provides living arrangements and services for various types of health. The Brookdale Ancillary Services segment provides home health therapy and other ancillary services and education and wellness programs. The Management Services segment operates communities owned by third parties or by the Companys unconsolidated ventures.