Daiwa Securities Group Inc. Acquires 10,076 Shares of Sabra Healthcare REIT, Inc. (SBRA)

Daiwa Securities Group Inc. grew its holdings in shares of Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) by 170.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,976 shares of the real estate investment trust’s stock after buying an additional 10,076 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Sabra Healthcare REIT were worth $351,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in SBRA. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Sabra Healthcare REIT by 9.3% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,151 shares of the real estate investment trust’s stock valued at $100,000 after buying an additional 352 shares in the last quarter. Riverhead Capital Management LLC raised its position in shares of Sabra Healthcare REIT by 96.0% during the 2nd quarter. Riverhead Capital Management LLC now owns 6,861 shares of the real estate investment trust’s stock valued at $165,000 after buying an additional 3,361 shares in the last quarter. Flinton Capital Management LLC raised its position in shares of Sabra Healthcare REIT by 96.1% during the 2nd quarter. Flinton Capital Management LLC now owns 6,868 shares of the real estate investment trust’s stock valued at $165,000 after buying an additional 3,366 shares in the last quarter. Laurion Capital Management LP purchased a new stake in shares of Sabra Healthcare REIT during the 2nd quarter valued at about $200,000. Finally, Janus Henderson Group PLC purchased a new stake in shares of Sabra Healthcare REIT during the 2nd quarter valued at about $207,000. Hedge funds and other institutional investors own 99.26% of the company’s stock.

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Sabra Healthcare REIT, Inc. (NASDAQ SBRA) opened at $19.02 on Wednesday. The company has a market cap of $3,377.50, a P/E ratio of 8.31, a PEG ratio of 2.47 and a beta of 0.94. Sabra Healthcare REIT, Inc. has a 1 year low of $18.48 and a 1 year high of $29.10. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.66 and a current ratio of 1.66.

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 30th. Stockholders of record on Wednesday, November 15th will be given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date is Tuesday, November 14th. Sabra Healthcare REIT’s dividend payout ratio (DPR) is presently 153.19%.

Several brokerages have recently issued reports on SBRA. cut shares of Sabra Healthcare REIT from a “b-” rating to a “c” rating in a research report on Friday, November 3rd. SunTrust Banks, Inc. reissued a “buy” rating and issued a $25.00 price objective on shares of Sabra Healthcare REIT in a research report on Friday, November 3rd. reissued a “hold” rating and issued a $22.00 price objective on shares of Sabra Healthcare REIT in a research report on Friday, November 3rd. lowered shares of Sabra Healthcare REIT from a “buy” rating to a “hold” rating in a research report on Wednesday, October 25th. Finally, reissued a “hold” rating and issued a $23.00 price objective on shares of Sabra Healthcare REIT in a research report on Wednesday, October 4th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $24.40.

Sabra Healthcare 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.

Institutional Ownership by Quarter for Sabra Healthcare REIT (NASDAQ:SBRA)

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