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New Big Money Means Brookdale Senior Living Inc (BKD) Investors Could Reap Benefit

Brookdale Senior Living Inc (NYSE: BKD) is -2.06% lower on its value in year-to-date trading and has touched a low of $4.04 and a high of $8.12 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BKD stock was last observed hovering at around $6.46 in the last trading session, with the day’s loss setting it -0.76%.

Currently trading at $5.70, the stock is -8.75% and -11.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.75 million and changing -11.76% at the moment leaves the stock -13.73% off its SMA200. BKD registered 29.25% gain for a year compared to 6-month loss of -20.50%. The firm has a 50-day simple moving average (SMA 50) of $6.4886 and a 200-day simple moving average (SMA200) of $6.60755.

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The stock witnessed a -0.70% gain in the last 1 month and extending the period to 3 months gives it a -16.30%, and is -9.09% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.22% over the week and 3.72% over the month.

Profit margin for the company is -6.75%. Distance from 52-week low is 41.09% and -29.80% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.40%).

The EPS is expected to grow by 22.62% this year

248.0 institutions hold shares in Brookdale Senior Living Inc (BKD), with institutional investors hold 111.17% of the company’s shares. The shares outstanding are 188.25M, and float is at 175.76M with Short Float at 6.14%. Institutions hold 106.95% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 18.68 million shares valued at $127.56 million. The investor’s holdings represent 8.2681 of the BKD Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 18.46 million shares valued at $126.1 million to account for 8.1733 of the shares outstanding. The other top investors are DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C) which holds 15.61 million shares representing 6.9114 and valued at over $106.63 million, while CAMBER CAPITAL MANAGEMENT LP holds 6.8617 of the shares totaling 15.5 million with a market value of $105.86 million.

Brookdale Senior Living Inc (BKD) Insider Activity

Brookdale Senior Living Inc disclosed in a document filed with the SEC on May 15 ’24 that BROMLEY MARCUS E (Director) sold a total of 3,300 shares of the company’s common stock. The trade occurred on May 15 ’24 and was made at $7.25 per share for $23925.0. Following the transaction, the insider now directly holds 0.15 million shares of the BKD stock.

Still, SEC filings show that on Mar 06 ’24, HICKS GEORGE T (EVP & Treasurer) acquired 9,140 shares at an average price of $5.50 for $50307.0. The insider now directly holds 351,883 shares of Brookdale Senior Living Inc (BKD).

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