Asset Management One Co. Ltd. grew its position in shares of Sabra Health Care REIT Inc (NASDAQ:SBRA) by 142.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 344,193 shares of the real estate investment trust’s stock after purchasing an additional 202,076 shares during the period. Asset Management One Co. Ltd. owned about 0.19% of Sabra Health Care REIT worth $7,467,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in 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 purchasing an additional 352 shares during the last quarter. Daiwa Securities Group Inc. lifted its stake in Sabra Health Care REIT by 15.7% during the second quarter. Daiwa Securities Group Inc. now owns 5,900 shares of the real estate investment trust’s stock worth $142,000 after purchasing an additional 800 shares during the last quarter. Riverhead Capital Management LLC lifted its stake in Sabra Health Care REIT by 96.0% during the second quarter. Riverhead Capital Management LLC now owns 6,861 shares of the real estate investment trust’s stock worth $165,000 after purchasing an additional 3,361 shares during the last quarter. Flinton Capital Management LLC lifted its stake in Sabra Health Care REIT by 96.1% during the second quarter. Flinton Capital Management LLC now owns 6,868 shares of the real estate investment trust’s stock worth $165,000 after purchasing an additional 3,366 shares during the last quarter. Finally, FNY Partners Fund LP bought a new stake in shares of Sabra Health Care REIT in the 3rd quarter valued at about $155,000. 85.51% of the stock is owned by hedge funds and other institutional investors.

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

A number of equities research analysts have recently weighed in on the company. SunTrust Banks reissued a “buy” rating and issued a $30.00 target price on shares of Sabra Health Care REIT in a research note on Monday, October 9th. Cantor Fitzgerald reissued a “buy” rating and issued a $30.00 target price on shares of Sabra Health Care REIT in a research note on Friday, September 8th. Zacks Investment Research raised Sabra Health Care REIT from a “hold” rating to a “buy” rating and set a $24.00 target price for the company in a research note on Tuesday, August 29th. ValuEngine raised Sabra Health Care REIT from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Raymond James Financial reissued a “hold” rating on shares of Sabra Health Care REIT in a research note on Wednesday, December 13th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and five have assigned a buy rating to the stock. Sabra Health Care REIT currently has a consensus rating of “Hold” and a consensus target price of $24.40.

Shares of Sabra Health Care REIT Inc (NASDAQ:SBRA) opened at $20.10 on Tuesday. Sabra Health Care REIT Inc has a 52 week low of $18.48 and a 52 week high of $29.10. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $3,546.82, a PE ratio of 8.73, a PEG ratio of 2.59 and a beta of 0.92.

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Wednesday, November 15th were issued a dividend of $0.07 per share. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $0.28 dividend on an annualized basis and a yield of 1.39%. Sabra Health Care REIT’s dividend payout ratio is presently 221.28%.

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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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