Sabra Health Care REIT Inc (SBRA) Shares Bought by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC increased its holdings in Sabra Health Care REIT Inc (NASDAQ:SBRA) by 6.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 224,447 shares of the real estate investment trust’s stock after purchasing an additional 14,301 shares during the period. Gateway Investment Advisers LLC’s holdings in Sabra Health Care REIT were worth $4,213,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. California Public Employees Retirement System lifted its holdings in Sabra Health Care REIT by 8.1% in the 2nd quarter. California Public Employees Retirement System now owns 121,200 shares of the real estate investment trust’s stock worth $2,921,000 after purchasing an additional 9,100 shares in the last quarter. Piedmont Investment Advisors LLC purchased a new position in Sabra Health Care REIT in the 2nd quarter worth approximately $340,000. Voya Investment Management LLC lifted its holdings in Sabra Health Care REIT by 354.5% in the 2nd quarter. Voya Investment Management LLC now owns 119,050 shares of the real estate investment trust’s stock worth $2,869,000 after purchasing an additional 92,854 shares in the last quarter. Highbridge Capital Management LLC lifted its holdings in Sabra Health Care REIT by 12.1% in the 3rd quarter. Highbridge Capital Management LLC now owns 369,634 shares of the real estate investment trust’s stock worth $8,110,000 after purchasing an additional 39,954 shares in the last quarter. Finally, Ameriprise Financial Inc. lifted its holdings in Sabra Health Care REIT by 115.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,326,601 shares of the real estate investment trust’s stock worth $29,105,000 after purchasing an additional 709,983 shares in the last quarter. 85.47% of the stock is currently owned by institutional investors.

In other news, Director Milton J. Walters sold 4,615 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $19.18, for a total transaction of $88,515.70. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 2.60% of the stock is owned by corporate insiders.

A number of research analysts recently commented on SBRA shares. Capital One Financial started coverage on Sabra Health Care REIT in a report on Monday, September 25th. They issued an “equal weight” rating and a $24.00 price target on the stock. Jefferies Group reissued a “buy” rating and issued a $24.00 price target (down from $25.00) on shares of Sabra Health Care REIT in a report on Wednesday, September 27th. Cantor Fitzgerald reissued a “buy” rating and issued a $30.00 price target on shares of Sabra Health Care REIT in a report on Thursday, September 28th. ValuEngine raised Sabra Health Care REIT from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Finally, Mizuho reissued a “hold” rating and issued a $23.00 price target on shares of Sabra Health Care REIT in a report on Wednesday, October 4th. Three research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. Sabra Health Care REIT has a consensus rating of “Hold” and an average price target of $24.40.

Shares of Sabra Health Care REIT Inc (SBRA) opened at $17.76 on Monday. The stock has a market capitalization of $3,165.40, a P/E ratio of 18.89, a PEG ratio of 2.42 and a beta of 0.93. Sabra Health Care REIT Inc has a twelve month low of $17.61 and a twelve month 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.

Sabra Health Care REIT (NASDAQ:SBRA) last issued its quarterly earnings data on Wednesday, November 1st. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.68 by ($0.57). Sabra Health Care REIT had a return on equity of 4.86% and a net margin of 25.79%. equities research analysts predict that Sabra Health Care REIT Inc will post 2.47 earnings per share for the current fiscal year.

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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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