Ameritas Investment Partners Inc. grew its stake in shares of Sabra Health Care REIT Inc (NASDAQ:SBRA) by 1,009.5% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 61,911 shares of the real estate investment trust’s stock after buying an additional 56,331 shares during the quarter. Ameritas Investment Partners Inc.’s holdings in Sabra Health Care REIT were worth $1,352,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Arizona State Retirement System grew its stake in shares of Sabra Health Care REIT by 0.3% during the second quarter. Arizona State Retirement System now owns 34,096 shares of the real estate investment trust’s stock worth $822,000 after buying an additional 100 shares during the last quarter. Amalgamated Bank grew its stake in shares of Sabra Health Care REIT by 1.8% during the second quarter. Amalgamated Bank now owns 8,880 shares of the real estate investment trust’s stock worth $214,000 after buying an additional 159 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Sabra Health Care REIT by 9.3% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,151 shares of the real estate investment trust’s stock worth $100,000 after buying an additional 352 shares during the last quarter. Advisors Asset Management Inc. grew its stake in shares of Sabra Health Care REIT by 1.9% during the second quarter. Advisors Asset Management Inc. now owns 20,024 shares of the real estate investment trust’s stock worth $483,000 after buying an additional 382 shares during the last quarter. Finally, Texas Permanent School Fund grew its stake in shares of Sabra Health Care REIT by 0.8% during the second quarter. Texas Permanent School Fund now owns 47,667 shares of the real estate investment trust’s stock worth $1,149,000 after buying an additional 400 shares during the last quarter. 85.51% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Sabra Health Care REIT Inc (NASDAQ SBRA) opened at $19.52 on Thursday. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.89. Sabra Health Care REIT Inc has a one year low of $18.48 and a one year high of $29.10. The firm has a market cap of $3,443.45, a price-to-earnings ratio of 8.47, a P/E/G ratio of 2.51 and a beta of 0.92.

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Wednesday, November 15th were paid a $0.07 dividend. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $0.28 annualized dividend and a dividend yield of 1.43%. Sabra Health Care REIT’s dividend payout ratio is 221.28%.

In related news, Director Milton J. Walters sold 4,615 shares of the business’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $19.18, for a total value of $88,515.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 2.60% of the company’s stock.

A number of research firms have weighed in on SBRA. Jefferies Group reaffirmed a “buy” rating and set a $24.00 target price (down previously from $25.00) on shares of Sabra Health Care REIT in a research note on Wednesday, September 27th. Cantor Fitzgerald reaffirmed a “buy” rating and set a $30.00 target price on shares of Sabra Health Care REIT in a research note on Thursday, September 28th. BidaskClub cut shares of Sabra Health Care REIT from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 16th. Zacks Investment Research cut shares of Sabra Health Care REIT from a “buy” rating to a “hold” rating in a research note on Friday, September 22nd. Finally, Capital One Financial began coverage on shares of Sabra Health Care REIT in a research note on Monday, September 25th. They issued an “equal weight” rating and a $24.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $24.40.

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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.

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

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