Brookdale Senior Living Inc. (BKD): Hedge Fund Sentiment Takes a Turn for the Worse

Let’s check out hedge fund activity in other stocks – not necessarily in the same industry as Brookdale Senior Living Inc. (NYSE:BKD) but similarly valued. These stocks are Rackspace Hosting, Inc. (NYSE:RAX), Webster Financial Corporation (NYSE:WBS), Starz (NASDAQ:STRZA), and Questar Corporation (NYSE:STR). This group of stocks’ market valuations are closest to BKD’s market valuation.

As you can see these stocks had an average of 24 hedge funds with bullish positions and the average amount invested in these stocks was $461 million. That figure was $1.51 billion in BKD’s case. Starz (NASDAQ:STRZA) is the most popular stock in this table. On the other hand Questar Corporation (NYSE:STR) is the least popular one with only 13 bullish hedge fund positions. Compared to these stocks Brookdale Senior Living Inc. (NYSE:BKD) is more popular among hedge funds. Considering that hedge funds are fond of this stock in relation to its market cap peers, it may be a good idea to analyze it in detail and potentially include it in your portfolio, bearing in mind the noteworthy dip in sentiment during the fourth quarter.

Disclosure: None