Jane Street Group LLC Purchases New Position in Sabra Health Care REIT Inc (SBRA)

Jane Street Group LLC purchased a new position in shares of Sabra Health Care REIT Inc (NASDAQ:SBRA) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 82,758 shares of the real estate investment trust’s stock, valued at approximately $1,816,000.

Several other hedge funds have also modified their holdings of SBRA. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Sabra Health Care 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 worth $100,000 after acquiring an additional 352 shares during the last quarter. Daiwa Securities Group Inc. lifted its stake in shares of Sabra Health Care REIT by 15.7% during the 2nd quarter. Daiwa Securities Group Inc. now owns 5,900 shares of the real estate investment trust’s stock worth $142,000 after acquiring an additional 800 shares during the last quarter. FNY Partners Fund LP bought a new stake in shares of Sabra Health Care REIT during the 3rd quarter worth approximately $155,000. Riverhead Capital Management LLC lifted its stake in shares of Sabra Health Care 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 worth $165,000 after acquiring an additional 3,361 shares during the last quarter. Finally, Flinton Capital Management LLC lifted its stake in shares of Sabra Health Care 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 worth $165,000 after acquiring an additional 3,366 shares during the last quarter. 85.51% of the stock is owned by hedge funds and other institutional investors.

A number of brokerages recently issued reports on SBRA. TheStreet lowered Sabra Health Care REIT from a “b-” rating to a “c” rating in a research note on Friday, November 3rd. SunTrust Banks reissued a “buy” rating and set a $25.00 price target on shares of Sabra Health Care REIT in a research note on Friday, November 3rd. Stifel Nicolaus reissued a “hold” rating and set a $22.00 price target on shares of Sabra Health Care REIT in a research note on Friday, November 3rd. Zacks Investment Research lowered Sabra Health Care REIT from a “buy” rating to a “hold” rating in a research note on Wednesday, October 25th. Finally, Mizuho reissued a “hold” rating and set a $23.00 price target on shares of Sabra Health Care REIT in a research note on Wednesday, October 4th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $24.40.

In other Sabra Health Care REIT news, Director Milton J. Walters sold 4,615 shares of the firm’s stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $19.18, for a total transaction of $88,515.70. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 2.60% of the company’s stock.

Sabra Health Care REIT Inc (SBRA) opened at $19.13 on Monday. The company has a market capitalization of $3,409.58, a price-to-earnings ratio of 8.39, a price-to-earnings-growth ratio of 2.49 and a beta of 0.92. Sabra Health Care REIT Inc has a fifty-two week low of $18.48 and a fifty-two week high of $29.10. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.89.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th were issued a dividend of $0.07 per share. The ex-dividend date was Tuesday, November 14th. This represents a $0.28 annualized dividend and a yield of 1.46%. Sabra Health Care REIT’s payout ratio is currently 221.28%.

WARNING: This story was posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are viewing this story on another domain, it was stolen and reposted in violation of United States and international trademark and copyright laws. The original version of this story can be accessed at https://sportsperspectives.com/2017/12/11/jane-street-group-llc-purchases-new-position-in-sabra-health-care-reit-inc-sbra.html.

Sabra Health Care REIT 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 Health Care REIT (NASDAQ:SBRA)

Receive News & Ratings for Sabra Health Care REIT Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sabra Health Care REIT Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply