KAMES CAPITAL plc Buys New Holdings in Sabra Health Care REIT Inc (SBRA)

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

Several other institutional investors also recently added to or reduced their stakes in the company. Schwab Charles Investment Management Inc. lifted its stake in Sabra Health Care REIT by 11.4% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 559,228 shares of the real estate investment trust’s stock worth $13,478,000 after purchasing an additional 57,014 shares in the last quarter. First Trust Advisors LP lifted its stake in Sabra Health Care REIT by 64.2% in the 2nd quarter. First Trust Advisors LP now owns 68,501 shares of the real estate investment trust’s stock worth $1,651,000 after purchasing an additional 26,795 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted 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 worth $100,000 after purchasing an additional 352 shares in the last quarter. Principal Financial Group Inc. lifted its stake in Sabra Health Care REIT by 13.2% in the 2nd quarter. Principal Financial Group Inc. now owns 579,651 shares of the real estate investment trust’s stock worth $13,970,000 after purchasing an additional 67,639 shares in the last quarter. Finally, Wells Fargo & Company MN lifted its stake in Sabra Health Care REIT by 47.3% in the 2nd quarter. Wells Fargo & Company MN now owns 1,024,637 shares of the real estate investment trust’s stock worth $24,693,000 after purchasing an additional 329,242 shares in the last quarter. 85.74% of the stock is owned by hedge funds and other institutional investors.

In other Sabra Health Care REIT news, Director Milton J. Walters sold 4,615 shares of Sabra Health Care REIT 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.60% of the stock is currently owned by insiders.

A number of equities analysts have recently commented on the stock. Zacks Investment Research lowered shares of Sabra Health Care REIT from a “hold” rating to a “sell” rating in a report on Wednesday, January 10th. ValuEngine lowered shares of Sabra Health Care REIT from a “buy” rating to a “hold” rating in a report on Friday. Jefferies Group reaffirmed a “hold” rating on shares of Sabra Health Care REIT in a report on Thursday, December 21st. SunTrust Banks set a $22.00 target price on shares of Sabra Health Care REIT and gave the company a “buy” rating in a report on Monday, January 22nd. Finally, Raymond James Financial reaffirmed a “hold” rating on shares of Sabra Health Care REIT in a report on Wednesday, December 13th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. Sabra Health Care REIT currently has a consensus rating of “Hold” and an average price target of $24.10.

Shares of Sabra Health Care REIT Inc (NASDAQ SBRA) traded down $0.11 during midday trading on Friday, reaching $17.63. 2,517,329 shares of the company were exchanged, compared to its average volume of 1,384,693. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.66 and a current ratio of 1.66. The stock has a market cap of $3,142.23, a PE ratio of 18.76, a P/E/G ratio of 2.40 and a beta of 0.74. Sabra Health Care REIT Inc has a one year low of $17.35 and a one year high of $29.10.

Sabra Health Care REIT (NASDAQ:SBRA) last issued its earnings results on Wednesday, November 1st. The real estate investment trust reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.68 by ($0.57). The firm had revenue of $111.79 million during the quarter, compared to analysts’ expectations of $121.56 million. Sabra Health Care REIT had a return on equity of 4.86% and a net margin of 25.79%. research analysts anticipate that Sabra Health Care REIT Inc will post 2.47 earnings per share for the current year.

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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.

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

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