140,262 Shares in Sabra Health Care REIT Inc (SBRA) Acquired by KAMES CAPITAL plc

KAMES CAPITAL plc acquired a new stake in Sabra Health Care REIT Inc (NASDAQ:SBRA) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 140,262 shares of the real estate investment trust’s stock, valued at approximately $2,631,000. KAMES CAPITAL plc owned 0.08% of Sabra Health Care REIT as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Sabra Health Care REIT by 9.3% in the 2nd 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. Riverhead Capital Management LLC increased its stake in Sabra Health Care REIT by 96.0% in the 2nd quarter. Riverhead Capital Management LLC now owns 6,861 shares of the real estate investment trust’s stock valued at $165,000 after buying an additional 3,361 shares during the period. Flinton Capital Management LLC increased its stake in Sabra Health Care REIT by 96.1% in the 2nd quarter. Flinton Capital Management LLC now owns 6,868 shares of the real estate investment trust’s stock valued at $165,000 after buying an additional 3,366 shares during the period. FNY Partners Fund LP acquired a new position in Sabra Health Care REIT in the 3rd quarter valued at $155,000. Finally, Laurion Capital Management LP acquired a new position in Sabra Health Care REIT in the 2nd quarter valued at $200,000. 85.08% of the stock is currently owned by 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 shares were sold at an average price of $19.18, for a total value of $88,515.70. The transaction was disclosed in a document filed with the SEC, which is available through this link. 2.60% of the stock is owned by insiders.

Shares of Sabra Health Care REIT Inc (SBRA) opened at $17.83 on Friday. Sabra Health Care REIT Inc has a 1 year low of $17.82 and a 1 year 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 company has a market cap of $3,243.83, a PE ratio of 7.98, a P/E/G ratio of 2.47 and a beta of 0.93.

Several equities analysts have issued reports on the stock. Zacks Investment Research cut shares of Sabra Health Care REIT from a “hold” rating to a “sell” rating in a research note on Wednesday. ValuEngine cut shares of Sabra Health Care REIT from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Jefferies Group reissued a “hold” rating on shares of Sabra Health Care REIT in a research note on Thursday, December 21st. Raymond James Financial reaffirmed a “hold” rating on shares of Sabra Health Care REIT in a research note on Wednesday, December 13th. Finally, TheStreet cut shares of Sabra Health Care REIT from a “b-” rating to a “c” rating in a research note on Friday, November 3rd. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. Sabra Health Care REIT currently has a consensus rating of “Hold” and an average target price of $24.40.

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Sabra Health Care REIT 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.

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

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