Prosiris Capital Management Lp Exits Position in Brookdale Senior Living (BKD)

Brookdale Senior Living (BKD) : Prosiris Capital Management Lp has sold out all of its stake in Brookdale Senior Living during the most recent quarter, according to the disclosure filed by the company on Aug 15, 2016 with the SEC. The investment management company has sold out 146,595 shares of Brookdale Senior Living which is valued at $2,481,853.

Other Hedge Funds, Including , Qs Investors reduced its stake in BKD by selling 15 shares or 46.88% in the most recent quarter. The Hedge Fund company now holds 17 shares of BKD which is valued at $288. Janus Capital Management added BKD to its portfolio by purchasing 10,860 company shares during the most recent quarter which is valued at $183,860.Fmr reduced its stake in BKD by selling 768,500 shares or 20.08% in the most recent quarter. The Hedge Fund company now holds 3,058,765 shares of BKD which is valued at $51,784,891. Brookdale Senior Living makes up approx 0.01% of Fmr’s portfolio.Pax World Management boosted its stake in BKD in the latest quarter, The investment management firm added 29,555 additional shares and now holds a total of 985,369 shares of Brookdale Senior Living which is valued at $16,662,590. Brookdale Senior Living makes up approx 0.93% of Pax World Management’s portfolio. Bank Of Hawaii added BKD to its portfolio by purchasing 12,100 company shares during the most recent quarter which is valued at $207,515. Brookdale Senior Living makes up approx 0.02% of Bank Of Hawaii’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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