Akanthos Capital Management LLC Lowered Brookdale Sr Living INC (BKD) Holding by $3.60 Million as Share Value Rose

October 13, 2018 - By mmahotstuff

Brookdale Senior Living Inc. (NYSE:BKD) LogoInvestors sentiment increased to 1.02 in Q2 2018. Its up 0.13, from 0.89 in 2018Q1. It increased, as 32 investors sold BKD shares while 55 reduced holdings. 31 funds opened positions while 58 raised stakes. 184.96 million shares or 3.05% more from 179.48 million shares in 2018Q1 were reported. Us Retail Bank De has 13,360 shares. Highland Capital Lp stated it has 0.07% in Brookdale Senior Living Inc. (NYSE:BKD). Akanthos Cap Llc has 2.78% invested in Brookdale Senior Living Inc. (NYSE:BKD) for 350,000 shares. Hsbc Holdg Plc invested in 268,495 shares or 0% of the stock. Dalton Greiner Hartman Maher Co accumulated 588,177 shares or 0.27% of the stock. Clear Harbor Asset Mgmt Ltd Llc has invested 0.05% of its portfolio in Brookdale Senior Living Inc. (NYSE:BKD). Rhumbline Advisers owns 194,767 shares. Art Advisors Limited Liability Company accumulated 0.04% or 110,000 shares. Regions Finance Corp has invested 0% of its portfolio in Brookdale Senior Living Inc. (NYSE:BKD). Eidelman Virant reported 10,000 shares or 0.06% of all its holdings. New York-based Blackrock Inc has invested 0.01% in Brookdale Senior Living Inc. (NYSE:BKD). Product Ltd Llc has invested 0.26% of its portfolio in Brookdale Senior Living Inc. (NYSE:BKD). Moreover, North Run Cap LP has 12.83% invested in Brookdale Senior Living Inc. (NYSE:BKD). Real Estate Management Services Limited Liability Corp owns 1.07M shares or 2.34% of their US portfolio. 71,439 were accumulated by Voya Investment Mgmt Ltd Com.

Since August 13, 2018, it had 2 insider purchases, and 0 selling transactions for $128,053 activity. The insider BROMLEY MARCUS E bought $50,214.

Akanthos Capital Management Llc decreased its stake in Brookdale Sr Living Inc (BKD) by 53.33% based on its latest 2018Q2 regulatory filing with the SEC. Akanthos Capital Management Llc sold 400,000 shares as the company’s stock rose 5.68% with the market. The hedge fund held 350,000 shares of the hospital and nursing management company at the end of 2018Q2, valued at $3.18M, down from 750,000 at the end of the previous reported quarter. Akanthos Capital Management Llc who had been investing in Brookdale Sr Living Inc for a number of months, seems to be less bullish one the $1.67 billion market cap company. The stock increased 0.34% or $0.03 during the last trading session, reaching $8.88. About 2.99M shares traded or 48.83% up from the average. Brookdale Senior Living Inc. (NYSE:BKD) has declined 17.42% since October 13, 2017 and is downtrending. It has underperformed by 33.04% the S&P500.

Akanthos Capital Management Llc, which manages about $190.76 million and $114.39M US Long portfolio, upped its stake in Sandridge Energy Inc by 289,600 shares to 465,200 shares, valued at $8.25M in 2018Q2, according to the filing.

Analysts await Brookdale Senior Living Inc. (NYSE:BKD) to report earnings on November, 5. They expect $-0.28 earnings per share, down 16.67 % or $0.04 from last year’s $-0.24 per share. After $-0.26 actual earnings per share reported by Brookdale Senior Living Inc. for the previous quarter, Wall Street now forecasts 7.69 % negative EPS growth.

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

Among 2 analysts covering Brookdale Senior Living (NYSE:BKD), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Brookdale Senior Living had 2 analyst reports since August 7, 2018 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Tuesday, August 7 with “Hold”. The stock of Brookdale Senior Living Inc. (NYSE:BKD) earned “Market Outperform” rating by JMP Securities on Wednesday, October 3.

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

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