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Akanthos Capital Management Increased Its Holding in Brookdale Sr Living (BKD) by $1.05 Million as Market Valuation Rose; Rayonier Advanced Materials (RYAM) Valuation Declined While Connor Clark & Lunn Investment Management LTD Has Trimmed Stake by $7.73 Million

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Michael Kao increased its stake in Brookdale Sr Living Inc (BKD) by 87.5% based on its latest 2018Q1 regulatory filing with the SEC. Akanthos Capital Management Llc bought 350,000 shares as the company’s stock rose 8.71% while stock markets declined. The hedge fund run by Michael Kao held 750,000 shares of the hospital and nursing management company at the end of 2018Q1, valued at $2.68M, up from 400,000 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 bullish on 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 18, 2017 and is downtrending. It has underperformed by 58.44% the S&P500. Some Historical BKD News: 19/04/2018 – In Theaters This Fall, Brookdale’s Hugely Popular “Celebrate Aging Film Festival”; 27/04/2018 – Brookdale Holder Land & Buildings `Thrilled’ on Ventas Agreement; 07/05/2018 – Brookdale Senior Living 1Q Same Community Rev Per Occupied Unit Sequentially Increased 2.5%; 27/04/2018 – BROOKDALE SENIOR LIVING INC – MASTER LEASE PROVIDES FOR ESTIMATED TOTAL RENT IN 2019 OF APPROXIMATELY $177 MLN; 07/05/2018 – Brookdale Senior Living Sees 2018 Adjusted Ebitda $545 Million to $575 Million; 15/05/2018 – LAND & BUILDINGS REDUCED BKD, CLI, HLT, RESI, RLJ IN 1Q: 13F; 07/05/2018 – BROOKDALE 1Q LOSS/SHR $2.45, EST. LOSS/SHR 23C; 07/05/2018 – BROOKDALE SENIOR LIVING INC – EXPECTS CONSOLIDATED FULL-YEAR 2018 NON-DEVELOPMENT CAPITAL EXPENDITURES TO BE IN A RANGE OF $170 MLN TO $180 MLN; 09/05/2018 – WCBS-TV Reports Brookdale Hospital and Medical Center in Brooklyn, NY Incorporates The Wand® Computer Assisted Anesthesia Tech; 07/03/2018 – BROOKDALE SENIOR LIVING SAYS ON MARCH 2, BOARD REDUCED NUMBER OF DIRECTORS CONSTITUTING BOARD TO 7 FROM 9 – SEC FILING

Connor Clark & Lunn Investment Management Ltd decreased its stake in Rayonier Advanced Materials (RYAM) by 40.58% based on its latest 2018Q1 regulatory filing with the SEC. Connor Clark & Lunn Investment Management Ltd sold 368,225 shares as the company’s stock declined 8.94% with the market. The institutional investor held 539,092 shares of the major chemicals company at the end of 2018Q1, valued at $11.57 million, down from 907,317 at the end of the previous reported quarter. Connor Clark & Lunn Investment Management Ltd who had been investing in Rayonier Advanced Materials for a number of months, seems to be less bullish one the $882.80M market cap company. The stock increased 0.41% or $0.07 during the last trading session, reaching $17.02. About 841,720 shares traded. Rayonier Advanced Materials Inc. (NYSE:RYAM) has risen 23.51% since June 18, 2017 and is uptrending. It has outperformed by 10.94% the S&P500.

Akanthos Capital Management Llc, which manages about $190.76 million and $105.97M US Long portfolio, decreased its stake in Halcon Res Corp by 200,000 shares to 100,000 shares, valued at $4.26M in 2018Q1, according to the filing. It also reduced its holding in Globalstar Inc (NYSEMKT:GSAT) by 1.32M shares in the quarter, leaving it with 181,986 shares, and cut its stake in Ocwen Finl Corp (NYSE:OCN).

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.

Since February 27, 2018, it had 6 buys, and 0 selling transactions for $495,064 activity. 15,000 Brookdale Senior Living Inc. (NYSE:BKD) shares with value of $104,699 were bought by SEWARD JAMES R. BAIER LUCINDA M bought $104,100 worth of stock or 15,000 shares. Shares for $134,000 were bought by BUMSTEAD FRANK M. 6,950 shares were bought by BROMLEY MARCUS E, worth $49,866.

Among 8 analysts covering Brookdale Senior Living (NYSE:BKD), 4 have Buy rating, 1 Sell and 3 Hold. Therefore 50% are positive. Brookdale Senior Living had 40 analyst reports since August 5, 2015 according to SRatingsIntel. RBC Capital Markets maintained Brookdale Senior Living Inc. (NYSE:BKD) rating on Wednesday, August 5. RBC Capital Markets has “Top Pick” rating and $40 target. The firm has “Buy” rating given on Monday, March 5 by Stephens. The rating was maintained by Stifel Nicolaus on Tuesday, August 8 with “Buy”. Barclays Capital maintained it with “Equal Weight” rating and $32.0 target in Wednesday, August 5 report. Jefferies maintained Brookdale Senior Living Inc. (NYSE:BKD) on Wednesday, August 5 with “Buy” rating. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, May 30. RBC Capital Markets maintained Brookdale Senior Living Inc. (NYSE:BKD) on Friday, November 6 with “Top Pick” rating. Barclays Capital maintained the stock with “Equal-Weight” rating in Wednesday, January 6 report. The company was upgraded on Thursday, January 12 by Wells Fargo. RBC Capital Markets downgraded the stock to “Outperform” rating in Wednesday, November 2 report.

Investors sentiment decreased to 0.89 in 2018 Q1. Its down 0.32, from 1.21 in 2017Q4. It is 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. Allsquare Wealth Management Limited Liability Company stated it has 0% of its portfolio in Brookdale Senior Living Inc. (NYSE:BKD). Sterling Mgmt Lc stated it has 0.01% in Brookdale Senior Living Inc. (NYSE:BKD). Nokota Management LP has invested 0.14% in Brookdale Senior Living Inc. (NYSE:BKD). Utd Serv Automobile Association reported 28,172 shares. Thrivent Financial For Lutherans has 29,511 shares for 0% of their portfolio. Regions Corporation owns 0% invested in Brookdale Senior Living Inc. (NYSE:BKD) for 1,396 shares. Carroll Fincl Associate owns 0% invested in Brookdale Senior Living Inc. (NYSE:BKD) for 1,517 shares. Capital Ww has 4.21M shares. Land & Buildings Invest Mgmt Limited Liability Corporation invested in 7.49% or 5.73M shares. Two Sigma Lc invested in 22,761 shares. Blackrock has invested 0% in Brookdale Senior Living Inc. (NYSE:BKD). Blume Inc invested in 0% or 500 shares. Altrinsic Glob Advsrs Ltd owns 402,452 shares for 0.11% of their portfolio. Qs Limited Liability Company holds 0% or 18,900 shares in its portfolio. 10,213 are owned by Qcm Cayman.

Connor Clark & Lunn Investment Management Ltd, which manages about $26.75B and $16.52B US Long portfolio, upped its stake in Danaher Corp. (NYSE:DHR) by 5,550 shares to 355,000 shares, valued at $34.76 million in 2018Q1, according to the filing. It also increased its holding in Eagle Pharmaceuticals Inc (NASDAQ:EGRX) by 11,400 shares in the quarter, for a total of 46,425 shares, and has risen its stake in Intrepid Potash Inc (NYSE:IPI).

Among 6 analysts covering Rayonier Advanced Materials Inc (NYSE:RYAM), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Rayonier Advanced Materials Inc had 25 analyst reports since August 21, 2015 according to SRatingsIntel. The stock of Rayonier Advanced Materials Inc. (NYSE:RYAM) has “Neutral” rating given on Friday, January 27 by Bank of America. The rating was upgraded by RBC Capital Markets to “Sector Perform” on Tuesday, September 13. Sidoti initiated it with “Buy” rating and $19.0 target in Thursday, August 17 report. The firm earned “Buy” rating on Tuesday, May 30 by RBC Capital Markets. On Wednesday, May 9 the stock rating was upgraded by Vertical Research to “Buy”. The stock has “Market Perform” rating by Citigroup on Friday, August 21. The firm earned “Hold” rating on Thursday, June 1 by Vertical Research. The stock of Rayonier Advanced Materials Inc. (NYSE:RYAM) earned “Buy” rating by RBC Capital Markets on Wednesday, July 19. On Friday, May 26 the stock rating was upgraded by Bank of America to “Buy”. The firm has “Sector Perform” rating by RBC Capital Markets given on Wednesday, February 3.

Analysts await Rayonier Advanced Materials Inc. (NYSE:RYAM) to report earnings on August, 1. They expect $0.48 earnings per share, up 336.36% or $0.37 from last year’s $0.11 per share. RYAM’s profit will be $24.90 million for 8.86 P/E if the $0.48 EPS becomes a reality. After $0.38 actual earnings per share reported by Rayonier Advanced Materials Inc. for the previous quarter, Wall Street now forecasts 26.32% EPS growth.

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

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