1 week Ago By Defense World Staff
Prudential Financial Inc. trimmed its holdings in shares of Sabra Health Care REIT, Inc. (NASDAQ:SBRA – Free Report) by 78.
3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 24,142 shares of the real estate investment trust’s stock after selling 87,198 shares during the quarter. Prudential Financial Inc.
’s holdings in Sabra Health Care REIT were worth $418,000 as of its most recent filing with the SEC. Several other hedge funds also recently made changes to their positions in SBRA. VSM Wealth Advisory LLC acquired a new position in shares of Sabra Health Care REIT in the 4th quarter valued at approximately $26,000.
Quarry LP bought a new position in shares of Sabra Health Care REIT during the third quarter worth about $30,000. Assetmark Inc. lifted its position in shares of Sabra Health Care REIT by 33.
4% in the 4th quarter. Assetmark Inc. now owns 2,618 shares of the real estate investment trust’s stock worth $45,000 after purchasing an additional 656 shares during the period.
Wilmington Savings Fund Society FSB acquired a new position in Sabra Health Care REIT in the third quarter valued at approximately $59,000. Finally, Jones Financial Companies Lllp grew its position in shares of Sabra Health Care REIT by 208.3% during 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 period. 99.40% of the stock is owned by institutional investors.
Sabra Health Care REIT Trading Up 3.4 %NASDAQ:SBRA opened at $16.93 on Thursday.
Sabra Health Care REIT, Inc. has a 1 year low of $13.31 and a 1 year high of $20.
03. The stock’s fifty day moving average price is $16.86 and its two-hundred day moving average price is $17.
57. 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 company has a market cap of $4.
03 billion, a P/E ratio of 31.94, a P/E/G ratio of 1.97 and a beta of 0.
93. Sabra Health Care REIT (NASDAQ:SBRA – Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.
36 earnings per share for the quarter, hitting the consensus estimate of $0.36. The firm had revenue of $182.
35 million for 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%. As a group, analysts expect that Sabra Health Care REIT, Inc.
will post 1.45 EPS for the current year. Sabra Health Care REIT Dividend AnnouncementThe company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th.
Stockholders of record on Friday, February 14th were given a dividend of $0.30 per share. The ex-dividend date was Friday, February 14th.
This represents a $1.20 annualized dividend and a dividend yield of 7.09%.
Sabra Health Care REIT’s dividend payout ratio (DPR) is presently 226.42%. Wall Street Analyst Weigh InSBRA has been the subject of a number of research analyst reports.
Truist Financial boosted their target price on Sabra Health Care REIT from $17.00 to $18.00 and gave the company a “hold” rating in a research report on Tuesday, March 18th.
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. Finally, Citizens Jmp upgraded Sabra Health Care REIT from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 7th.
Three research analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $19.
33.View Our Latest Stock Report 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 ArticlesFive stocks we like better than Sabra Health Care REITBreakout Stocks: What They Are and How to Identify ThemQuantum Computing: The $6.5 Billion Opportunity You Can’t IgnoreStock Market Upgrades: What Are They?Are Tariffs Threatening Disney’s Comeback Story?What Does a Stock Split Mean? Is Alphabet a Generational Buying Opportunity at These Levels?.
