Anchor Capital Advisors LLC lessened its stake in shares of Sabra Health Care REIT Inc (NASDAQ:SBRA) by 2.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,810,448 shares of the real estate investment trust’s stock after selling 40,782 shares during the period. Sabra Health Care REIT accounts for approximately 1.2% of Anchor Capital Advisors LLC’s portfolio, making the stock its 20th biggest position. Anchor Capital Advisors LLC’s holdings in Sabra Health Care REIT were worth $33,982,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Bank of New York Mellon Corp raised its holdings in shares of Sabra Health Care REIT by 294.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 4,721,303 shares of the real estate investment trust’s stock worth $103,586,000 after acquiring an additional 3,523,631 shares during the period. APG Asset Management US Inc. raised its holdings in shares of Sabra Health Care REIT by 11.1% during the 4th quarter. APG Asset Management US Inc. now owns 3,193,000 shares of the real estate investment trust’s stock worth $59,933,000 after acquiring an additional 319,000 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Sabra Health Care REIT by 151.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,405,450 shares of the real estate investment trust’s stock worth $52,774,000 after acquiring an additional 1,450,287 shares during the period. State Street Corp raised its holdings in shares of Sabra Health Care REIT by 3.8% during the 2nd quarter. State Street Corp now owns 1,775,988 shares of the real estate investment trust’s stock worth $42,795,000 after acquiring an additional 65,393 shares during the period. Finally, Northern Trust Corp raised its holdings in shares of Sabra Health Care REIT by 8.2% during the 2nd quarter. Northern Trust Corp now owns 1,628,781 shares of the real estate investment trust’s stock worth $39,254,000 after acquiring an additional 123,380 shares during the period. Institutional investors and hedge funds own 85.68% of the company’s stock.

SBRA has been the topic of several analyst reports. Zacks Investment Research lowered Sabra Health Care REIT from a “buy” rating to a “hold” rating in a report on Wednesday, October 25th. Stifel Nicolaus reiterated a “hold” rating and set a $22.00 price target on shares of Sabra Health Care REIT in a report on Friday, November 3rd. SunTrust Banks reiterated a “buy” rating and set a $25.00 price target on shares of Sabra Health Care REIT in a report on Friday, November 3rd. TheStreet lowered Sabra Health Care REIT from a “b-” rating to a “c” rating in a report on Friday, November 3rd. Finally, Raymond James Financial reiterated a “hold” rating on shares of Sabra Health Care REIT in a report on Wednesday, December 13th. Three investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company’s stock. Sabra Health Care REIT has an average rating of “Hold” and a consensus target price of $24.10.

In related news, Director Milton J. Walters sold 4,615 shares of the business’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $19.18, for a total value of $88,515.70. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.60% of the stock is currently owned by insiders.

Shares of Sabra Health Care REIT Inc (NASDAQ SBRA) opened at $16.43 on Friday. The stock has a market cap of $2,930.00, a PE ratio of 21.06, a P/E/G ratio of 2.34 and a beta of 0.74. Sabra Health Care REIT Inc has a fifty-two week low of $16.42 and a fifty-two week high of $29.10. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.66 and a quick ratio of 1.66.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 28th. Investors of record on Thursday, February 15th will be issued a $0.45 dividend. The ex-dividend date is Wednesday, February 14th. This represents a $1.80 annualized dividend and a yield of 10.96%. Sabra Health Care REIT’s dividend payout ratio (DPR) is currently 266.67%.

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Sabra Health Care REIT Company Profile

Sabra Health Care REIT, Inc is a real estate investment trust. The Company, through its subsidiaries, owns and invests in real estate serving the healthcare industry. The Company’s segment includes investments in healthcare-related real estate properties. The Company’s 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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Institutional Ownership by Quarter for Sabra Health Care REIT (NASDAQ:SBRA)

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