Simplex Trading buys $431,274 stake in Brookdale Senior Living (BKD)

Brookdale Senior Living (BKD) : Simplex Trading scooped up 990 additional shares in Brookdale Senior Living during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 26,754 shares of Brookdale Senior Living which is valued at $431,274.Brookdale Senior Living makes up approximately 0.06% of Simplex Trading’s portfolio.

Other Hedge Funds, Including , Bnp Paribas Arbitrage Sa boosted its stake in BKD in the latest quarter, The investment management firm added 12,508 additional shares and now holds a total of 55,632 shares of Brookdale Senior Living which is valued at $943,519.Independent Portfolio Consultants boosted its stake in BKD in the latest quarter, The investment management firm added 1,540 additional shares and now holds a total of 11,290 shares of Brookdale Senior Living which is valued at $191,478. Brookdale Senior Living makes up approx 0.06% of Independent Portfolio Consultants’s portfolio. Washington Trust Bank sold out all of its stake in BKD during the most recent quarter. The investment firm sold 72 shares of BKD which is valued $1,221.

Brookdale Senior Living closed down -0.04 points or -0.25% at $16.12 with 36,25,475 shares getting traded on Friday. Post opening the session at $16.16, the shares hit an intraday low of $15.8 and an intraday high of $16.28 and the price fluctuated in this range throughout the day.Shares ended Friday 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.

Leave a Reply

Brookdale Senior Living - Is it time to Sell?

Top Brokerage Firms are advising their investors on Brookdale Senior Living. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.