Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) Shares Bought by Pensionfund Sabic

Pensionfund Sabic grew its position in shares of Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) by 227.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 61,874 shares of the real estate investment trust’s stock after buying an additional 42,999 shares during the quarter. Pensionfund Sabic’s holdings in Sabra Healthcare REIT were worth $1,358,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the business. Arizona State Retirement System increased its holdings in shares of Sabra Healthcare REIT by 0.3% in the 2nd quarter. Arizona State Retirement System now owns 34,096 shares of the real estate investment trust’s stock valued at $822,000 after purchasing an additional 100 shares in the last quarter. Municipal Employees Retirement System of Michigan boosted its stake in shares of Sabra Healthcare REIT by 1.0% during the 1st quarter. Municipal Employees Retirement System of Michigan now owns 14,910 shares of the real estate investment trust’s stock worth $416,000 after purchasing an additional 150 shares during the last quarter. Amalgamated Bank boosted its stake in shares of Sabra Healthcare REIT by 1.8% during the 2nd quarter. Amalgamated Bank now owns 8,880 shares of the real estate investment trust’s stock worth $214,000 after purchasing an additional 159 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Sabra Healthcare REIT by 9.3% during the 2nd 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. Finally, Advisors Asset Management Inc. boosted its stake in shares of Sabra Healthcare REIT by 1.9% during the 2nd quarter. Advisors Asset Management Inc. now owns 20,024 shares of the real estate investment trust’s stock worth $483,000 after purchasing an additional 382 shares during the last quarter. Institutional investors own 99.26% of the company’s stock.

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Shares of Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) traded up 2.02% during mid-day trading on Friday, reaching $20.74. The company’s stock had a trading volume of 945,407 shares. The firm has a market cap of $1.36 billion, a price-to-earnings ratio of 17.46 and a beta of 0.88. The firm has a 50 day moving average price of $21.93 and a 200 day moving average price of $23.52. Sabra Healthcare REIT, Inc. has a 52-week low of $19.30 and a 52-week high of $29.10.

Several research firms recently commented on SBRA. Zacks Investment Research upgraded shares of Sabra Healthcare REIT from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th. Jefferies Group LLC upgraded shares of Sabra Healthcare REIT from a “hold” rating to a “buy” rating and set a $25.00 price target for the company in a research note on Tuesday, August 15th. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $30.00 price objective on shares of Sabra Healthcare REIT in a report on Thursday, September 28th. BidaskClub downgraded shares of Sabra Healthcare REIT from a “sell” rating to a “strong sell” rating in a report on Wednesday, August 16th. Finally, Stifel Nicolaus restated a “hold” rating and set a $26.00 price objective on shares of Sabra Healthcare REIT in a research note on Friday, July 28th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company. Sabra Healthcare REIT presently has an average rating of “Hold” and an average price target of $25.30.

Sabra Healthcare 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 Healthcare REIT (NASDAQ:SBRA)

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