Thrivent Monetary for Lutherans Sells 6,410 Shares of Sabra Well being Care REIT, Inc. (NASDAQ:SBRA)

Thrivent Monetary for Lutherans decreased its place in Sabra Well being Care REIT, Inc. (NASDAQ:SBRA – Get Ranking) by 2.6% through the third quarter, in response to the corporate in its most up-to-date disclosure with the Securities & Change Fee. The agency owned 242,305 shares of the actual property funding belief’s inventory after promoting 6,410 shares through the quarter. Thrivent Monetary for Lutherans owned roughly 0.11% of Sabra Well being Care REIT value $3,566,000 as of its most up-to-date SEC submitting.

A number of different giant buyers have additionally not too long ago added to or diminished their stakes within the firm. Principal Monetary Group Inc. grew its stake in shares of Sabra Well being Care REIT by 25.0% within the third quarter. Principal Monetary Group Inc. now owns 17,381,261 shares of the actual property funding belief’s inventory value $255,851,000 after buying an extra 3,476,213 shares over the past quarter. Deutsche Financial institution AG grew its stake in shares of Sabra Well being Care REIT by 4.9% within the third quarter. Deutsche Financial institution AG now owns 696,678 shares of the actual property funding belief’s inventory value $10,255,000 after buying an extra 32,486 shares over the past quarter. Swiss Nationwide Financial institution grew its stake in shares of Sabra Well being Care REIT by 2.7% within the third quarter. Swiss Nationwide Financial institution now owns 477,141 shares of the actual property funding belief’s inventory value $7,024,000 after buying an extra 12,700 shares over the past quarter. Sumitomo Mitsui Belief Holdings Inc. grew its stake in shares of Sabra Well being Care REIT by 3.7% within the third quarter. Sumitomo Mitsui Belief Holdings Inc. now owns 2,294,064 shares of the actual property funding belief’s inventory value $33,769,000 after buying an extra 82,137 shares over the past quarter. Lastly, Cubist Systematic Methods LLC grew its stake in shares of Sabra Well being Care REIT by 87.6% within the second quarter. Cubist Systematic Methods LLC now owns 240,918 shares of the actual property funding belief’s inventory value $4,385,000 after buying an extra 112,497 shares over the past quarter. 84.53% of the inventory is presently owned by institutional buyers.

SBRA has been the subject of a number of analysis analyst studies. Credit score Suisse Group initiated protection on shares of Sabra Well being Care REIT in a analysis observe on Tuesday, February 1st. They issued a “impartial” ranking and a $14.00 worth goal on the inventory. KeyCorp initiated protection on shares of Sabra Well being Care REIT in a analysis observe on Friday, February 18th. They set a “sector weight” ranking on the inventory. Barclays decreased their worth goal on shares of Sabra Well being Care REIT from $19.00 to $16.00 in a analysis observe on Tuesday, February twenty second. Mizuho decreased their worth goal on shares of Sabra Well being Care REIT from $18.00 to $16.00 in a analysis observe on Thursday, January twentieth. Lastly, Zacks Funding Analysis upgraded shares of Sabra Well being Care REIT from a “promote” ranking to a “maintain” ranking in a analysis observe on Saturday, February fifth. Three funding analysts have rated the inventory with a maintain ranking and 5 have assigned a purchase ranking to the inventory. In keeping with MarketBeat, the inventory presently has a consensus ranking of “Purchase” and a mean worth goal of $16.89.

In different Sabra Well being Care REIT information, CFO Harold W. Jr. Andrews offered 110,000 shares of the enterprise’s inventory in a transaction dated Wednesday, December twenty ninth. The inventory was offered at a mean worth of $13.55, for a complete transaction of $1,490,500.00. The sale was disclosed in a authorized submitting with the Securities & Change Fee, which is out there by means of this hyperlink. Insiders personal 1.10% of the corporate’s inventory.

Sabra Well being Care REIT inventory opened at $13.43 on Tuesday. The agency has a 50-day easy transferring common of $13.46. The corporate has a debt-to-equity ratio of 0.71, a present ratio of three.60 and a fast ratio of 5.18. Sabra Well being Care REIT, Inc. has a 12-month low of $12.31 and a 12-month excessive of $19.01. The corporate has a market capitalization of $3.10 billion, a PE ratio of -26.20 and a beta of 1.39.

Sabra Well being Care REIT (NASDAQ:SBRA – Get Ranking) final launched its quarterly earnings outcomes on Monday, February twenty first. The actual property funding belief reported ($0.11) earnings per share (EPS) for the quarter, lacking the Zacks’ consensus estimate of $0.35 by ($0.46). Sabra Well being Care REIT had a detrimental internet margin of 19.89% and a detrimental return on fairness of three.33%. Throughout the identical interval within the prior yr, the agency earned $0.42 earnings per share. Equities analysts predict that Sabra Well being Care REIT, Inc. will submit 1.55 EPS for the present fiscal yr.

The agency additionally not too long ago declared a quarterly dividend, which was paid on Monday, February twenty eighth. Traders of file on Friday, February eleventh have been issued a $0.30 dividend. The ex-dividend date of this dividend was Thursday, February tenth. This represents a $1.20 dividend on an annualized foundation and a dividend yield of 8.94%. Sabra Well being Care REIT’s dividend payout ratio is -235.29%.

Sabra Well being Care REIT Firm Profile (Get Ranking)

Sabra Well being Care REIT, Inc engages in managing and investing in healthcare-related actual property properties. It focuses on the acquisition, financing and proudly owning actual property property to be leased to 3rd social gathering tenants within the healthcare sector. The corporate was based on Could 10, 2010 and is headquartered in Irvine, CA.

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Institutional Ownership by Quarter for Sabra Health Care REIT (NASDAQ:SBRA)

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