Renaissance Technologies Adds $17M in Brookdale Senior Living Inc. ($BKD)
Key Points
- Renaissance Technologies changed its Brookdale Senior Living Inc. ($BKD) stake by 20.4% last quarter, boosting to 7,663,564 shares worth $99.17 million.
- Wall Street's consensus rating on $BKD is Strong Buy and an average price target of $19.10.
- $BKD last traded around $12.94.
Renaissance Technologies increased its position in Brookdale Senior Living Inc. ($BKD) by 20.4% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,663,564 shares of Brookdale Senior Living Inc. after buying 1,300,100 shares during the quarter. Renaissance Technologies's holdings in Brookdale Senior Living Inc. were worth $99.17 million as of its most recent filing.
Brookdale Senior Living Inc. ($BKD) Stock
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Analysts Set New Price Targets
About Brookdale Senior Living Inc.
Brookdale Senior Living Inc. owns, manages, and operates senior living communities in the United States. It operates in three segments: Independent Living, Assisted Living and Memory Care, and Continuing Care Retirement Communities (CCRCs). The Independent Living segment owns or leases communities comprising independent and assisted living units in a single community that are primarily designed for middle to upper income seniors. The Assisted Living and Memory Care segment owns or leases communities consisting of freestanding, multi-story communities and freestanding single-story communities, which offer housing and 24-hour assistance with activities of daily living for the Company's residents. This segment operates memory care communities for residents with Alzheimer's and other dementias. The CCRCs segment owns or leases communities that provides various living arrangements, such as independent and assisted living, memory care, and skilled nursing; and services to accommodate various levels of physical ability and healthcare needs. It manages communities on behalf of others. The company was incorporated in 2005 and is headquartered in Brentwood, Tennessee.
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