19 hours Ago By Defense World Staff
Charles Schwab Investment Management Inc. lifted its position in Sabra Health Care REIT, Inc. (NASDAQ:SBRA – Free Report) by 0.
1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,704,963 shares of the real estate investment trust’s stock after acquiring an additional 3,082 shares during the quarter. Charles Schwab Investment Management Inc.
owned 1.99% of Sabra Health Care REIT worth $81,490,000 at the end of the most recent reporting period. Several other institutional investors have also recently made changes to their positions in the company.
Rockefeller Capital Management L.P. lifted its holdings in shares of Sabra Health Care REIT by 4.
5% in the 3rd quarter. Rockefeller Capital Management L.P.
now owns 15,369 shares of the real estate investment trust’s stock worth $286,000 after acquiring an additional 655 shares during the last quarter. Janney Montgomery Scott LLC grew its position in shares of Sabra Health Care REIT by 0.4% in the 4th quarter.
Janney Montgomery Scott LLC now owns 177,161 shares of the real estate investment trust’s stock worth $3,068,000 after buying an additional 763 shares during the last quarter. Louisiana State Employees Retirement System grew its position in shares of Sabra Health Care REIT by 1.2% in the 4th quarter.
Louisiana State Employees Retirement System now owns 65,700 shares of the real estate investment trust’s stock worth $1,138,000 after buying an additional 800 shares during the last quarter. Oregon Public Employees Retirement Fund grew its position in shares of Sabra Health Care REIT by 1.7% in the 4th quarter.
Oregon Public Employees Retirement Fund now owns 48,185 shares of the real estate investment trust’s stock worth $835,000 after buying an additional 800 shares during the last quarter. Finally, Inspire Investing LLC grew its position in Sabra Health Care REIT by 4.5% during the 4th quarter.
Inspire Investing LLC now owns 23,152 shares of the real estate investment trust’s stock worth $401,000 after purchasing an additional 992 shares during the last quarter. Institutional investors own 99.40% of the company’s stock.
Sabra Health Care REIT Stock PerformanceSBRA opened at $17.07 on Tuesday. The company has a debt-to-equity ratio of 0.
88, a current ratio of 4.32 and a quick ratio of 4.16.
The firm has a fifty day moving average price of $16.76 and a 200 day moving average price of $17.66.
Sabra Health Care REIT, Inc. has a 1 year low of $13.31 and a 1 year high of $20.
03. The stock has a market cap of $4.06 billion, a P/E ratio of 32.
21, a P/E/G ratio of 1.97 and a beta of 1.27.
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 the consensus estimate of $0.
36. The firm had revenue of $182.35 million during the quarter, compared to analysts’ expectations of $178.
01 million. Sabra Health Care REIT had a net margin of 18.02% and a return on equity of 4.
60%. Equities research analysts anticipate that Sabra Health Care REIT, Inc. will post 1.
45 earnings per share for the current year. Sabra Health Care REIT Announces DividendThe business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were given a dividend of $0.
30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 7.
03%. The ex-dividend date of this dividend was Friday, February 14th. Sabra Health Care REIT’s dividend payout ratio is presently 226.
42%. Wall Street Analysts Forecast GrowthSeveral analysts have commented on SBRA shares. JMP Securities upgraded shares of Sabra Health Care REIT from a “market perform” rating to an “outperform” rating and set a $20.
00 price objective for the company in a research note on Tuesday, January 7th. Mizuho restated a “neutral” rating and set a $20.00 price objective on shares of Sabra Health Care REIT in a research note on Thursday, December 5th.
Citizens Jmp upgraded shares of Sabra Health Care REIT from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th. Finally, Truist Financial cut shares of Sabra Health Care REIT from a “buy” rating to a “hold” rating and decreased their price objective for the company from $18.00 to $17.
00 in a research note on Friday, January 17th. Three investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.
com, the stock currently has an average rating of “Moderate Buy” and an average price target of $19.17.Check Out Our Latest Analysis on SBRAAbout Sabra Health Care REIT (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 StoriesFive stocks we like better than Sabra Health Care REITThe Top 3 Healthcare Dividend Stocks to Buy and HoldHow to Protect Your Portfolio When Inflation Is RisingInvesting In Automotive Stocks3 Tech Stocks Defying Sector Weakness and Thriving in 2025Investing In Preferred Stock vs. Common StockDespite Challenges Novo Nordisk Plans to Crush GLP-1 CompetitorsWant to see what other hedge funds are holding SBRA? Visit HoldingsChannel.
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