Brookdale Sr Living INC (BKD) Holder Land & Buildings Investment Management LLC Lowered Its Position by $6.53 Million

June 17, 2018 - By James Guidry

Brookdale Senior Living Inc. (NYSE:BKD) LogoInvestors sentiment decreased to 0.89 in Q1 2018. Its down 0.32, from 1.21 in 2017Q4. It turned negative, as 33 investors sold BKD shares while 61 reduced holdings. 33 funds opened positions while 51 raised stakes. 179.48 million shares or 0.34% less from 180.09 million shares in 2017Q4 were reported. Utah Retirement System reported 34,242 shares or 0% of all its holdings. 95 were reported by Tradewinds Cap Mngmt Ltd Liability Corporation. Regions Financial Corp holds 0% or 1,396 shares in its portfolio. Gradient Invests Ltd Com reported 10 shares. Wealthtrust owns 456 shares. Nokota Mgmt LP holds 0.14% or 1.51M shares in its portfolio. Glenview Cap Ltd Liability holds 16.77M shares or 0.66% of its portfolio. Int Incorporated has invested 0% of its portfolio in Brookdale Senior Living Inc. (NYSE:BKD). Bluecrest Capital Management has 37,724 shares. Dimensional Fund Advsr L P, a Texas-based fund reported 14.48M shares. Natl Bank Of New York Mellon Corp has invested 0% in Brookdale Senior Living Inc. (NYSE:BKD). Moreover, Paloma Ptnrs Communication has 0.02% invested in Brookdale Senior Living Inc. (NYSE:BKD) for 192,263 shares. Rbf Llc owns 0.02% invested in Brookdale Senior Living Inc. (NYSE:BKD) for 30,000 shares. Citigroup Incorporated accumulated 8,349 shares. Hudson Bay Cap Mngmt Limited Partnership stated it has 20,800 shares or 0% of all its holdings.

Since February 27, 2018, it had 6 insider buys, and 0 insider sales for $495,064 activity. WIELANSKY LEE S also bought $68,999 worth of Brookdale Senior Living Inc. (NYSE:BKD) shares. $134,000 worth of stock was bought by BUMSTEAD FRANK M on Wednesday, February 28. 15,000 shares were bought by SEWARD JAMES R, worth $104,699. Shares for $49,866 were bought by BROMLEY MARCUS E on Tuesday, March 6.

Land & Buildings Investment Management Llc decreased its stake in Brookdale Sr Living Inc (BKD) by 15.95% based on its latest 2018Q1 regulatory filing with the SEC. Land & Buildings Investment Management Llc sold 1.09M shares as the company’s stock rose 8.71% while stock markets declined. The hedge fund held 5.73 million shares of the hospital and nursing management company at the end of 2018Q1, valued at $38.44M, down from 6.82 million at the end of the previous reported quarter. Land & Buildings Investment Management Llc who had been investing in Brookdale Sr Living Inc for a number of months, seems to be less bullish one the $1.74B market cap company. The stock decreased 0.54% or $0.05 during the last trading session, reaching $9.27. About 3.41 million shares traded or 12.98% up from the average. Brookdale Senior Living Inc. (NYSE:BKD) has declined 45.87% since June 17, 2017 and is downtrending. It has underperformed by 58.44% the S&P500.

Land & Buildings Investment Management Llc, which manages about $174.30 million and $513.24M US Long portfolio, upped its stake in Lennar Corp (NYSE:LEN) by 327,415 shares to 417,815 shares, valued at $24.63 million in 2018Q1, according to the filing.

Analysts await Brookdale Senior Living Inc. (NYSE:BKD) to report earnings on August, 6. They expect $-0.19 earnings per share, up 17.39 % or $0.04 from last year’s $-0.23 per share. After $-0.15 actual earnings per share reported by Brookdale Senior Living Inc. for the previous quarter, Wall Street now forecasts 26.67 % negative EPS growth.

Another recent and important Brookdale Senior Living Inc. (NYSE:BKD) news was published by Bizjournals.com which published an article titled: “Activist investor says health care giant’s new CEO has brought ‘a breath of fresh air'” on May 22, 2018.

Brookdale Senior Living Inc. (NYSE:BKD) Ratings Coverage

Among 5 analysts covering Brookdale Senior Living (NYSE:BKD), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Brookdale Senior Living has $12.0 highest and $900 lowest target. $10’s average target is 7.87% above currents $9.27 stock price. Brookdale Senior Living had 5 analyst reports since February 23, 2018 according to SRatingsIntel. The firm has “Buy” rating by Stephens given on Monday, March 5. The firm has “Sector Perform” rating by RBC Capital Markets given on Tuesday, February 27. Jefferies maintained Brookdale Senior Living Inc. (NYSE:BKD) rating on Thursday, February 22. Jefferies has “Buy” rating and $9.0 target. The rating was downgraded by Stifel Nicolaus to “Hold” on Friday, February 23.

Brookdale Senior Living Inc. (NYSE:BKD) Institutional Positions Chart

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