Horizon Investments LLC Decreases Holdings in Sabra Healthcare REIT, Inc. $SBRA

Horizon Investments LLC trimmed its holdings in shares of Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) by 52.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 37,138 shares of the real estate investment trust’s stock after selling 40,922 shares during the period. Horizon Investments LLC’s holdings in Sabra Healthcare REIT were worth $703,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SBRA. Founders Capital Management purchased a new position in Sabra Healthcare REIT in the 3rd quarter valued at about $28,000. Danske Bank A S acquired a new stake in Sabra Healthcare REIT during the third quarter worth about $30,000. Larson Financial Group LLC raised its stake in Sabra Healthcare REIT by 42.3% during the third quarter. Larson Financial Group LLC now owns 1,860 shares of the real estate investment trust’s stock worth $35,000 after acquiring an additional 553 shares during the period. First Horizon Corp acquired a new stake in Sabra Healthcare REIT during the fourth quarter worth about $44,000. Finally, Covestor Ltd increased its stake in shares of Sabra Healthcare REIT by 23,720.0% in the third quarter. Covestor Ltd now owns 2,382 shares of the real estate investment trust’s stock valued at $45,000 after purchasing an additional 2,372 shares during the period. 99.40% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

SBRA has been the topic of several analyst reports. UBS Group raised their price target on shares of Sabra Healthcare REIT from $20.00 to $21.00 and gave the company a “neutral” rating in a research note on Thursday, February 19th. Scotiabank raised their target price on shares of Sabra Healthcare REIT from $20.00 to $21.00 and gave the stock a “sector perform” rating in a report on Monday, March 2nd. Truist Financial raised their price objective on shares of Sabra Healthcare REIT from $21.00 to $22.00 and gave the stock a “hold” rating in a research note on Friday, March 13th. Weiss Ratings lowered shares of Sabra Healthcare REIT from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Friday, May 1st. Finally, Citizens Jmp lifted their target price on shares of Sabra Healthcare REIT from $22.00 to $23.00 and gave the company a “market outperform” rating in a research note on Wednesday, February 18th. Five investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $22.00.

Sabra Healthcare REIT Stock Performance

Shares of SBRA opened at $20.75 on Friday. The company has a market capitalization of $5.23 billion, a PE ratio of 32.94, a price-to-earnings-growth ratio of 1.65 and a beta of 0.67. Sabra Healthcare REIT, Inc. has a one year low of $17.08 and a one year high of $21.07. The company has a debt-to-equity ratio of 0.96, a current ratio of 4.72 and a quick ratio of 4.72. The company’s fifty day moving average price is $20.24 and its 200 day moving average price is $19.41.

Sabra Healthcare REIT (NASDAQ:SBRA) last announced its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.16 EPS for the quarter, hitting the consensus estimate of $0.16. Sabra Healthcare REIT had a net margin of 19.22% and a return on equity of 5.60%. The firm had revenue of $221.75 million for the quarter, compared to the consensus estimate of $209.20 million. During the same quarter last year, the firm posted $0.37 EPS. The business’s quarterly revenue was up 20.9% on a year-over-year basis. Sabra Healthcare REIT has set its FY 2026 guidance at 1.550-1.590 EPS. As a group, analysts expect that Sabra Healthcare REIT, Inc. will post 1.5 earnings per share for the current year.

Sabra Healthcare REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 15th will be issued a dividend of $0.30 per share. The ex-dividend date is Friday, May 15th. This represents a $1.20 annualized dividend and a dividend yield of 5.8%. Sabra Healthcare REIT’s payout ratio is presently 190.48%.

Sabra Healthcare REIT Profile

Sabra Healthcare REIT, Inc (NASDAQ: SBRA) is a real estate investment trust that acquires, owns and operates net‐lease healthcare properties. Its diversified portfolio spans senior housing communities, skilled nursing and rehabilitation centers, outpatient medical facilities, medical office buildings, hospitals and life science properties. Sabra structures long‐term, triple‐net lease agreements with healthcare operators, providing stable rental income streams while allowing tenants to focus on patient care and operational excellence.

Serving a broad spectrum of care segments, Sabra’s tenants include both regional and national providers of assisted living, independent living, memory care, post‐acute rehabilitation and research and development laboratories.