Sabra Health Care REIT Inc (SBRA) Shares Sold by Guggenheim Capital LLC

Guggenheim Capital LLC cut its position in Sabra Health Care REIT Inc (NASDAQ:SBRA) by 4.3% during the fourth quarter, Holdings Channel reports. The fund owned 522,923 shares of the real estate investment trust’s stock after selling 23,246 shares during the period. Guggenheim Capital LLC’s holdings in Sabra Health Care REIT were worth $9,817,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of SBRA. Ffcm LLC boosted its stake in shares of Sabra Health Care REIT by 1,297.4% in the fourth quarter. Ffcm LLC now owns 5,897 shares of the real estate investment trust’s stock worth $112,000 after acquiring an additional 5,475 shares during the last quarter. FNY Partners Fund LP acquired a new stake in shares of Sabra Health Care REIT in the third quarter worth approximately $155,000. MANA Advisors LLC acquired a new stake in shares of Sabra Health Care REIT in the fourth quarter worth approximately $193,000. BB&T Securities LLC acquired a new stake in shares of Sabra Health Care REIT in the third quarter worth approximately $200,000. Finally, Atria Investments LLC acquired a new stake in shares of Sabra Health Care REIT in the fourth quarter worth approximately $208,000. 88.88% of the stock is currently owned by hedge funds and other institutional investors.

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SBRA has been the topic of a number of research analyst reports. Jefferies Group reaffirmed a “hold” rating on shares of Sabra Health Care REIT in a research note on Thursday, December 21st. SunTrust Banks set a $22.00 price target on Sabra Health Care REIT and gave the stock a “buy” rating in a research note on Monday, January 22nd. Zacks Investment Research lowered Sabra Health Care REIT from a “hold” rating to a “sell” rating in a research note on Wednesday, January 17th. Raymond James Financial reaffirmed a “hold” rating on shares of Sabra Health Care REIT in a research note on Wednesday, December 13th. Finally, Mizuho set a $18.00 price target on Sabra Health Care REIT and gave the stock a “hold” rating in a research note on Friday, February 23rd. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and four have given a buy rating to the company’s stock. Sabra Health Care REIT has an average rating of “Hold” and a consensus target price of $23.64.

Sabra Health Care REIT stock opened at $16.65 on Friday. Sabra Health Care REIT Inc has a 1 year low of $15.77 and a 1 year high of $29.10. The company has a market capitalization of $3,067.78, a P/E ratio of 13.88, a P/E/G ratio of 2.33 and a beta of 0.75. The company has a debt-to-equity ratio of 0.99, a quick ratio of 6.85 and a current ratio of 6.85.

Sabra Health Care REIT (NASDAQ:SBRA) last announced its quarterly earnings data on Wednesday, February 21st. The real estate investment trust reported $0.57 EPS for the quarter, topping the Zacks’ consensus estimate of $0.30 by $0.27. Sabra Health Care REIT had a return on equity of 7.19% and a net margin of 39.04%. The firm had revenue of $166.47 million for the quarter, compared to the consensus estimate of $158.82 million. analysts forecast that Sabra Health Care REIT Inc will post 2.5 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Investors of record on Thursday, February 15th were given a dividend of $0.45 per share. The ex-dividend date of this dividend was Wednesday, February 14th. This represents a $1.80 dividend on an annualized basis and a yield of 10.81%. Sabra Health Care REIT’s payout ratio is 150.00%.

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About Sabra Health Care REIT

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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