2 weeks Ago By ABMN Staff
Federated Hermes Inc. boosted its holdings in shares of Sabra Health Care REIT, Inc. ( NASDAQ:SBRA – Free Report ) by 39.
7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,123 shares of the real estate investment trust’s stock after acquiring an additional 6,282 shares during the period. Federated Hermes Inc.
’s holdings in Sabra Health Care REIT were worth $383,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SBRA. VSM Wealth Advisory LLC purchased a new stake in shares of Sabra Health Care REIT during the 4th quarter worth $26,000.
Assetmark Inc. lifted its position in shares of Sabra Health Care REIT by 33.4% during the fourth quarter.
Assetmark Inc. now owns 2,618 shares of the real estate investment trust’s stock valued at $45,000 after buying an additional 656 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Sabra Health Care REIT in the 3rd quarter valued at about $59,000.
Jones Financial Companies Lllp grew its position in shares of Sabra Health Care REIT by 208.3% in the 4th quarter. Jones Financial Companies Lllp now owns 6,222 shares of the real estate investment trust’s stock worth $108,000 after buying an additional 4,204 shares during the last quarter.
Finally, Autumn Glory Partners LLC bought a new position in shares of Sabra Health Care REIT during the 4th quarter worth approximately $173,000. 99.40% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades Several equities analysts have issued reports on SBRA shares. Truist Financial lifted their price target on shares of Sabra Health Care REIT from $17.00 to $18.
00 and gave the stock a “hold” rating in a report on Tuesday, March 18th. JMP Securities raised Sabra Health Care REIT from a “market perform” rating to an “outperform” rating and set a $20.00 target price on the stock in a research report on Tuesday, January 7th.
Finally, Citizens Jmp raised Sabra Health Care REIT from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $19.
33. Sabra Health Care REIT Price Performance Shares of NASDAQ:SBRA opened at $18.14 on Friday.
The company has a current ratio of 4.32, a quick ratio of 4.16 and a debt-to-equity ratio of 0.
88. Sabra Health Care REIT, Inc. has a twelve month low of $13.
31 and a twelve month high of $20.03. The company’s 50 day moving average is $16.
98 and its 200 day moving average is $17.54. The company has a market cap of $4.
32 billion, a PE ratio of 34.23, a price-to-earnings-growth ratio of 1.97 and a beta of 0.
93. Sabra Health Care REIT ( NASDAQ:SBRA – Get Free Report ) last posted its earnings results on Wednesday, February 19th. The real estate investment trust reported $0.
36 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.36. The company had revenue of $182.
35 million during the quarter, compared to the consensus estimate of $178.01 million. Sabra Health Care REIT had a net margin of 18.
02% and a return on equity of 4.60%. On average, sell-side analysts forecast that Sabra Health Care REIT, Inc.
will post 1.45 EPS for the current year. Sabra Health Care REIT Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th.
Stockholders of record on Friday, February 14th were paid a dividend of $0.30 per share. The ex-dividend date was Friday, February 14th.
This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.62%.
Sabra Health Care REIT’s payout ratio is 226.42%. Sabra Health Care REIT Company Profile ( Free Report ) Sabra Health Care REIT, Inc engages in the business of acquiring, financing, and owning real estate property.
The company was founded on May 10, 2010 and is headquartered in Tustin, CA. Featured Stories Receive News & Ratings for Sabra Health Care REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sabra Health Care REIT and related companies with MarketBeat.com's FREE daily email newsletter .
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