Mitsubishi UFJ Trust & Banking Corp Sells 134,842 Shares of Sabra Healthcare REIT, Inc. $SBRA

Mitsubishi UFJ Trust & Banking Corp cut its position in Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) by 47.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 148,746 shares of the real estate investment trust’s stock after selling 134,842 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Sabra Healthcare REIT were worth $2,773,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in SBRA. State of Michigan Retirement System increased its holdings in shares of Sabra Healthcare REIT by 1.1% during the second quarter. State of Michigan Retirement System now owns 57,249 shares of the real estate investment trust’s stock valued at $1,056,000 after acquiring an additional 600 shares in the last quarter. Amalgamated Bank raised its position in shares of Sabra Healthcare REIT by 0.6% during the third quarter. Amalgamated Bank now owns 105,159 shares of the real estate investment trust’s stock worth $1,960,000 after purchasing an additional 612 shares during the period. Cherry Creek Investment Advisors Inc. lifted its holdings in shares of Sabra Healthcare REIT by 4.4% in the 2nd quarter. Cherry Creek Investment Advisors Inc. now owns 19,074 shares of the real estate investment trust’s stock worth $352,000 after purchasing an additional 802 shares in the last quarter. Ethos Financial Group LLC grew its position in Sabra Healthcare REIT by 1.3% in the 2nd quarter. Ethos Financial Group LLC now owns 66,658 shares of the real estate investment trust’s stock valued at $1,229,000 after purchasing an additional 835 shares during the period. Finally, Osaic Holdings Inc. increased its stake in Sabra Healthcare REIT by 4.6% during the 2nd quarter. Osaic Holdings Inc. now owns 25,925 shares of the real estate investment trust’s stock valued at $478,000 after purchasing an additional 1,137 shares in the last quarter. Institutional investors own 99.40% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Wall Street Zen cut shares of Sabra Healthcare REIT from a “hold” rating to a “sell” rating in a report on Friday, January 23rd. Truist Financial raised their price target on shares of Sabra Healthcare REIT from $20.00 to $21.00 and gave the company a “hold” rating in a research report on Tuesday, January 20th. Jefferies Financial Group reissued a “buy” rating and set a $22.00 price objective on shares of Sabra Healthcare REIT in a report on Monday, December 15th. National Bankshares set a $22.00 target price on Sabra Healthcare REIT in a report on Friday, October 17th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Sabra Healthcare REIT in a research report on Thursday, January 22nd. Four 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.com, Sabra Healthcare REIT currently has an average rating of “Hold” and an average target price of $21.11.

Sabra Healthcare REIT Stock Performance

SBRA stock opened at $18.73 on Friday. The company has a quick ratio of 5.19, a current ratio of 5.19 and a debt-to-equity ratio of 0.92. The firm has a market cap of $4.67 billion, a PE ratio of 26.01, a P/E/G ratio of 1.28 and a beta of 0.67. The business has a 50 day moving average of $19.05 and a 200-day moving average of $18.70. Sabra Healthcare REIT, Inc. has a 12-month low of $15.60 and a 12-month high of $19.97.

Sabra Healthcare REIT (NASDAQ:SBRA) last posted its quarterly earnings data on Wednesday, November 5th. The real estate investment trust reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.01. The business had revenue of $190.04 million for the quarter, compared to analysts’ expectations of $193.44 million. Sabra Healthcare REIT had a return on equity of 6.38% and a net margin of 23.50%.The business’s revenue was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.37 earnings per share. Sabra Healthcare REIT has set its FY 2025 guidance at 1.455-1.465 EPS. As a group, sell-side analysts expect that Sabra Healthcare REIT, Inc. will post 1.45 earnings per share for the current year.

Sabra Healthcare REIT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Monday, November 17th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 6.4%. The ex-dividend date was Monday, November 17th. Sabra Healthcare REIT’s dividend payout ratio (DPR) is 166.67%.

About Sabra Healthcare REIT

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.