Clal Insurance Enterprises Holdings Ltd Has $145,000 Stock Position in Sabra Health Care REIT, Inc. (NASDAQ:SBRA)

Clal Insurance Enterprises Holdings Ltd boosted its stake in shares of Sabra Health Care REIT, Inc. (NASDAQ:SBRAGet Rating) by 45.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 10,684 shares of the real estate investment trust’s stock after buying an additional 3,349 shares during the period. Clal Insurance Enterprises Holdings Ltd’s holdings in Sabra Health Care REIT were worth $145,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. First Trust Advisors LP raised its holdings in shares of Sabra Health Care REIT by 37.3% in the first quarter. First Trust Advisors LP now owns 113,444 shares of the real estate investment trust’s stock valued at $2,209,000 after purchasing an additional 30,805 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in shares of Sabra Health Care REIT by 2.8% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 26,630 shares of the real estate investment trust’s stock valued at $392,000 after purchasing an additional 726 shares during the last quarter. PNC Financial Services Group Inc. raised its holdings in shares of Sabra Health Care REIT by 3.9% in the third quarter. PNC Financial Services Group Inc. now owns 34,844 shares of the real estate investment trust’s stock valued at $512,000 after purchasing an additional 1,300 shares during the last quarter. Advisor Group Holdings Inc. grew its stake in shares of Sabra Health Care REIT by 10.7% in the third quarter. Advisor Group Holdings Inc. now owns 117,006 shares of the real estate investment trust’s stock valued at $1,723,000 after buying an additional 11,329 shares in the last quarter. Finally, Truist Financial Corp bought a new position in shares of Sabra Health Care REIT in the third quarter valued at $178,000. Hedge funds and other institutional investors own 91.61% of the company’s stock.

Several research firms recently weighed in on SBRA. KeyCorp began coverage on shares of Sabra Health Care REIT in a research note on Friday, February 18th. They issued a “sector weight” rating for the company. Mizuho reduced their price objective on shares of Sabra Health Care REIT from $18.00 to $16.00 in a research report on Thursday, January 20th. Stifel Nicolaus reduced their price objective on shares of Sabra Health Care REIT from $21.00 to $18.00 and set a “buy” rating for the company in a research report on Wednesday, February 23rd. Credit Suisse Group lifted their price objective on shares of Sabra Health Care REIT from $14.00 to $15.00 and gave the stock a “neutral” rating in a research report on Monday, April 4th. Finally, Zacks Investment Research raised shares of Sabra Health Care REIT from a “sell” rating to a “hold” rating in a research report on Saturday, February 5th. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, Sabra Health Care REIT presently has a consensus rating of “Hold” and a consensus price target of $16.60.

NASDAQ SBRA traded up $0.18 during trading on Thursday, hitting $12.84. 180,413 shares of the company’s stock were exchanged, compared to its average volume of 2,582,741. The company has a current ratio of 3.60, a quick ratio of 3.60 and a debt-to-equity ratio of 0.70. The company has a market cap of $2.97 billion, a PE ratio of -25.84 and a beta of 1.43. Sabra Health Care REIT, Inc. has a fifty-two week low of $11.44 and a fifty-two week high of $19.01. The stock’s 50 day moving average price is $13.41 and its two-hundred day moving average price is $13.57.

Sabra Health Care REIT (NASDAQ:SBRAGet Rating) last issued its earnings results on Wednesday, May 4th. The real estate investment trust reported $0.18 EPS for the quarter, topping the consensus estimate of $0.17 by $0.01. Sabra Health Care REIT had a negative return on equity of 3.15% and a negative net margin of 18.28%. During the same quarter in the prior year, the business earned $0.39 earnings per share. Analysts forecast that Sabra Health Care REIT, Inc. will post 1.5 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 31st. Investors of record on Monday, May 16th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 9.35%. The ex-dividend date of this dividend is Friday, May 13th. Sabra Health Care REIT’s payout ratio is presently -244.89%.

Sabra Health Care REIT Profile (Get Rating)

As of September 30, 2020, Sabra's investment portfolio included 425 real estate properties held for investment (consisting of (i) 287 Skilled Nursing/Transitional Care facilities, (ii) 64 Senior Housing communities (ÂSenior Housing – LeasedÂ), (iii) 47 Senior Housing communities operated by third-party property managers pursuant to property management agreements (ÂSenior Housing – ManagedÂ) and (iv) 27 Specialty Hospitals and Other facilities), one asset held for sale, one investment in a direct financing lease, 19 investments in loans receivable (consisting of (i) one mortgage loan, (ii) one construction loan and (iii) 17 other loans), six preferred equity investments and one investment in an unconsolidated joint venture that owns 158 Senior Housing – Managed communities.

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Institutional Ownership by Quarter for Sabra Health Care REIT (NASDAQ:SBRA)

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