Sabra Healthcare REIT Inc. (NASDAQ:SBRA) shares saw unusually-high trading volume on Friday . Approximately 462,771 shares changed hands during trading, a decline of 20% from the previous session’s volume of 579,768 shares.The stock last traded at $21.84 and had previously closed at $21.73.

SBRA has been the subject of several analyst reports. Canaccord Genuity restated a “hold” rating and set a $0.30 target price on shares of Sabra Healthcare REIT in a research report on Wednesday, April 6th. Jefferies Group boosted their price objective on Sabra Healthcare REIT to $21.00 and gave the company a “hold” rating in a research report on Thursday, April 7th. Raymond James Financial Inc. lowered Sabra Healthcare REIT from an “outperform” rating to a “market perform” rating in a research report on Tuesday, April 12th. Zacks Investment Research lowered Sabra Healthcare REIT from a “hold” rating to a “sell” rating in a research report on Wednesday, April 27th. Finally, Mizuho lowered Sabra Healthcare REIT from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $25.00 to $20.00 in a research report on Thursday, May 19th. One analyst has rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $23.04.

The stock has a 50 day moving average price of $21.13 and a 200 day moving average price of $20.11. The company has a market cap of $1.44 billion and a P/E ratio of 41.35.

Sabra Healthcare REIT (NASDAQ:SBRA) last released its earnings results on Monday, May 2nd. The company reported $0.53 EPS for the quarter, missing the consensus estimate of $0.55 by $0.02. During the same period in the prior year, the company earned $0.53 earnings per share. The company earned $62.60 million during the quarter, compared to analyst estimates of $57.50 million. Sabra Healthcare REIT’s revenue for the quarter was up 12.6% compared to the same quarter last year. On average, equities analysts forecast that Sabra Healthcare REIT Inc. will post $2.27 earnings per share for the current year.

In related news, Director Milton J. Walters sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, June 6th. The stock was sold at an average price of $22.04, for a total transaction of $44,080.00. Following the completion of the sale, the director now owns 24,055 shares of the company’s stock, valued at $530,172.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

A number of large investors have recently made changes to their positions in SBRA. California State Teachers Retirement System boosted its stake in shares of Sabra Healthcare REIT by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 120,686 shares of the company’s stock worth $2,441,000 after buying an additional 1,903 shares during the period. American Century Companies Inc. boosted its stake in shares of Sabra Healthcare REIT by 45.1% in the fourth quarter. American Century Companies Inc. now owns 248,671 shares of the company’s stock worth $5,031,000 after buying an additional 77,243 shares during the period. Rhumbline Advisers boosted its stake in shares of Sabra Healthcare REIT by 4.7% in the fourth quarter. Rhumbline Advisers now owns 102,430 shares of the company’s stock worth $2,072,000 after buying an additional 4,565 shares during the period. California Public Employees Retirement System boosted its stake in shares of Sabra Healthcare REIT by 1.3% in the fourth quarter. California Public Employees Retirement System now owns 109,400 shares of the company’s stock worth $2,213,000 after buying an additional 1,400 shares during the period. Finally, New York State Common Retirement Fund boosted its stake in shares of Sabra Healthcare REIT by 4.7% in the fourth quarter. New York State Common Retirement Fund now owns 82,967 shares of the company’s stock worth $1,678,000 after buying an additional 3,703 shares during the period.

Sabra Health Care REIT, Inc is a real estate investment trust. The Company owns and invests in real estate serving the healthcare industry. The Company’s segment is investments in healthcare-related real estate properties. Its primary business consists of acquiring, financing and owning real estate property to be leased to third-party tenants in the healthcare sector.

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