MarketBeat Earnings
Brookdale Senior Living Inc. $BKD Shares Sold by Assenagon Asset Management S.A.
Assenagon Asset Management S.A. significantly reduced its stake in Brookdale Senior Living Inc. (NYSE:BKD) by 96.2% in the second quarter, selling over 2.4 million shares. Despite this large sale, Brookdale Senior Living reported better-than-expected quarterly earnings per share but missed revenue forecasts. Analysts currently hold a "Moderate Buy" rating on BKD with an average price target of $17.40.