State of Tennessee Treasury Department held its stake in shares of Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 61,273 shares of the real estate investment trust’s stock at the close of the 2nd quarter. State of Tennessee Treasury Department owned approximately 0.09% of Sabra Healthcare REIT worth $1,477,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in SBRA. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Sabra Healthcare 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 valued at $100,000 after buying an additional 352 shares during the period. Bank of Montreal Can grew its position in Sabra Healthcare REIT by 44.1% during the first quarter. Bank of Montreal Can now owns 3,893 shares of the real estate investment trust’s stock valued at $109,000 after buying an additional 1,191 shares during the period. Daiwa Securities Group Inc. grew its position in Sabra Healthcare 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 valued at $142,000 after buying an additional 800 shares during the period. Ameritas Investment Partners Inc. bought a new stake in Sabra Healthcare REIT during the first quarter valued at approximately $156,000. Finally, Stratos Wealth Partners LTD. bought a new stake in Sabra Healthcare REIT during the first quarter valued at approximately $207,000. Institutional investors own 99.26% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “State of Tennessee Treasury Department Continues to Hold Position in Sabra Healthcare REIT, Inc. (SBRA)” was originally posted by Watch List News and is owned by of Watch List News. If you are accessing this piece of content on another site, it was copied illegally and republished in violation of United States & international copyright laws. The legal version of this piece of content can be read at https://www.watchlistnews.com/state-of-tennessee-treasury-department-continues-to-hold-position-in-sabra-healthcare-reit-inc-sbra/1579547.html.

Several analysts recently issued reports on the stock. Mizuho lowered shares of Sabra Healthcare REIT from a “neutral” rating to an “underperform” rating and cut their target price for the company from $25.00 to $23.00 in a research report on Monday, July 10th. Zacks Investment Research lowered shares of Sabra Healthcare REIT from a “buy” rating to a “hold” rating in a research report on Friday. BidaskClub upgraded shares of Sabra Healthcare REIT from a “sell” rating to a “hold” rating in a research report on Tuesday, June 20th. Jefferies Group LLC upgraded shares of Sabra Healthcare REIT from a “hold” rating to a “buy” rating and set a $25.00 target price for the company in a research report on Tuesday, August 15th. Finally, Stifel Nicolaus restated a “hold” rating and set a $26.00 target price on shares of Sabra Healthcare REIT in a research report on Friday, July 28th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $25.00.

Sabra Healthcare REIT, Inc. (SBRA) opened at 22.18 on Friday. Sabra Healthcare REIT, Inc. has a one year low of $19.30 and a one year high of $29.10.

About Sabra Healthcare 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.

Want to see what other hedge funds are holding SBRA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sabra Healthcare REIT, Inc. (NASDAQ:SBRA).

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

Receive News & Ratings for Sabra Healthcare REIT Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sabra Healthcare REIT Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.