Sabra Health Care REIT Inc (SBRA) Shares Sold by Dupont Capital Management Corp

Dupont Capital Management Corp decreased its stake in Sabra Health Care REIT Inc (NASDAQ:SBRA) by 55.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 41,369 shares of the real estate investment trust’s stock after selling 51,152 shares during the period. Dupont Capital Management Corp’s holdings in Sabra Health Care REIT were worth $776,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. California Public Employees Retirement System boosted its holdings in shares of 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 valued at $2,921,000 after buying an additional 9,100 shares in the last quarter. Piedmont Investment Advisors LLC acquired a new position in shares of Sabra Health Care REIT in the 2nd quarter valued at $340,000. Voya Investment Management LLC boosted its holdings in shares of 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 valued at $2,869,000 after buying an additional 92,854 shares in the last quarter. California State Teachers Retirement System boosted its holdings in shares of Sabra Health Care REIT by 145.3% in the 3rd quarter. California State Teachers Retirement System now owns 280,303 shares of the real estate investment trust’s stock valued at $6,150,000 after buying an additional 166,039 shares in the last quarter. Finally, Highbridge Capital Management LLC boosted its holdings in shares of 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 valued at $8,110,000 after buying an additional 39,954 shares in the last quarter. Institutional investors and hedge funds own 85.68% of the company’s stock.

Several research analysts have recently issued reports on the stock. ValuEngine cut shares of Sabra Health Care REIT from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. SunTrust Banks set a $22.00 target price on shares of Sabra Health Care REIT and gave the company a “buy” rating in a report on Monday, January 22nd. Raymond James Financial restated a “hold” rating on shares of Sabra Health Care REIT in a report on Wednesday, December 13th. Stifel Nicolaus reiterated 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. Finally, Zacks Investment Research cut shares of Sabra Health Care REIT from a “hold” rating to a “sell” rating in a research note on Wednesday, January 17th. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $24.10.

Shares of Sabra Health Care REIT Inc (NASDAQ SBRA) opened at $16.43 on Friday. The firm has a market cap of $3,047.77, a price-to-earnings ratio of 7.50, a P/E/G ratio of 2.33 and a beta of 0.74. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.66 and a current ratio of 1.66. Sabra Health Care REIT Inc has a 52 week low of $16.42 and a 52 week high of $29.10.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 28th. Investors of record on Thursday, February 15th will be paid a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 10.96%. The ex-dividend date of this dividend is Wednesday, February 14th. Sabra Health Care REIT’s dividend payout ratio is currently 221.28%.

In related news, Director Milton J. Walters sold 4,615 shares of the stock in a transaction on Thursday, November 30th. The shares were 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 Securities & Exchange Commission, which is accessible through this link. 2.60% of the stock is owned by corporate insiders.

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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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