Mpam Credit Trading Partners Lowers stake in Brookdale Senior Living (BKD)

Brookdale Senior Living (BKD) : Mpam Credit Trading Partners reduced its stake in Brookdale Senior Living by 24.54% during the most recent quarter end. The investment management company now holds a total of 56,592 shares of Brookdale Senior Living which is valued at $958,103 after selling 18,408 shares in Brookdale Senior Living , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.Brookdale Senior Living makes up approximately 2.19% of Mpam Credit Trading Partners’s portfolio.

Other Hedge Funds, Including , True Bearing Asset Management Lp added BKD to its portfolio by purchasing 15,000 company shares during the most recent quarter which is valued at $253,950. Brookdale Senior Living makes up approx 0.61% of True Bearing Asset Management Lp’s portfolio.Brant Point Investment Management boosted its stake in BKD in the latest quarter, The investment management firm added 500 additional shares and now holds a total of 42,700 shares of Brookdale Senior Living which is valued at $722,911. Brookdale Senior Living makes up approx 0.13% of Brant Point Investment Management’s portfolio.Kennedy Capital Management boosted its stake in BKD in the latest quarter, The investment management firm added 52,805 additional shares and now holds a total of 557,985 shares of Brookdale Senior Living which is valued at $9,446,686. Brookdale Senior Living makes up approx 0.18% of Kennedy Capital Management’s portfolio. Analytic Investors sold out all of its stake in BKD during the most recent quarter. The investment firm sold 40,121 shares of BKD which is valued $679,249. Quantitative Systematic Strategies added BKD to its portfolio by purchasing 11,679 company shares during the most recent quarter which is valued at $215,711. Brookdale Senior Living makes up approx 0.09% of Quantitative Systematic Strategies’s portfolio.

Brookdale Senior Living closed down -0.22 points or -1.28% at $16.99 with 35,01,423 shares getting traded on Thursday. Post opening the session at $17.2, the shares hit an intraday low of $16.715 and an intraday high of $17.24 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

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 Company’s Retirement Centers segment provides senior independent and assisted living services in its retirement center communities. The Company’s Assisted Living segment offers housing and assisted living services to mid-acuity frail and elderly residents. The Company’s 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 Company’s unconsolidated ventures.

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