Janney Montgomery Scott LLC boosted its place in shares of Sabra Well being Care REIT, Inc. (NASDAQ:SBRA – Get Ranking) by 6.9% within the third quarter, in line with the corporate in its most up-to-date 13F submitting with the Securities and Alternate Fee. The institutional investor owned 141,948 shares of the actual property funding belief’s inventory after buying an extra 9,179 shares in the course of the interval. Janney Montgomery Scott LLC owned about 0.06% of Sabra Well being Care REIT price $1,862,000 on the finish of the latest reporting interval.
A variety of different massive traders have additionally not too long ago added to or decreased their stakes in SBRA. Point72 Hong Kong Ltd purchased a brand new place in Sabra Well being Care REIT in the course of the 2nd quarter price about $31,000. JFS Wealth Advisors LLC purchased a brand new place in Sabra Well being Care REIT in the course of the 2nd quarter price about $32,000. Lazard Asset Administration LLC purchased a brand new place in Sabra Well being Care REIT in the course of the 2nd quarter price about $38,000. Lindbrook Capital LLC elevated its holdings in Sabra Well being Care REIT by 60.8% in the course of the 2nd quarter. Lindbrook Capital LLC now owns 2,929 shares of the actual property funding belief’s inventory price $41,000 after buying an extra 1,107 shares within the final quarter. Lastly, Price Asset Administration LLC purchased a brand new place in Sabra Well being Care REIT in the course of the 1st quarter price about $44,000. Institutional traders personal 87.20% of the corporate’s inventory.
Wall Road Analysts Forecast Progress
SBRA has been the topic of a lot of current analysis reviews. StockNews.com initiated protection on shares of Sabra Well being Care REIT in a analysis word on Wednesday, October twelfth. They set a “maintain” score for the corporate. Financial institution of America downgraded shares of Sabra Well being Care REIT from a “impartial” score to an “underperform” score and decreased their worth goal for the inventory from $15.00 to $13.00 in a analysis word on Monday, November 14th. JMP Securities downgraded shares of Sabra Well being Care REIT from an “outperform” score to a “market carry out” score in a analysis word on Tuesday, December thirteenth. Lastly, Robert W. Baird downgraded shares of Sabra Well being Care REIT from an “outperform” score to a “impartial” score and set a $13.00 worth goal for the corporate. in a analysis word on Monday, October tenth. One analyst has rated the inventory with a promote score, eight have given a maintain score and two have issued a purchase score to the corporate. In accordance with knowledge from MarketBeat, the corporate presently has a mean score of “Maintain” and a consensus goal worth of $15.00.
Sabra Well being Care REIT Buying and selling Down 1.1 %
Shares of NASDAQ:SBRA opened at $13.12 on Friday. Sabra Well being Care REIT, Inc. has a 52-week low of $11.44 and a 52-week excessive of $16.60. The corporate has a market capitalization of $3.03 billion, a P/E ratio of -164.00 and a beta of 1.26. The corporate has a 50-day easy shifting common of $12.64 and a 200 day easy shifting common of $13.71. The corporate has a debt-to-equity ratio of 0.76, a fast ratio of two.90 and a present ratio of two.90.
Sabra Well being Care REIT Dividend Announcement
The enterprise additionally not too long ago declared a quarterly dividend, which was paid on Wednesday, November thirtieth. Shareholders of file on Thursday, November seventeenth had been issued a $0.30 dividend. The ex-dividend date was Wednesday, November sixteenth. This represents a $1.20 annualized dividend and a yield of 9.15%. Sabra Well being Care REIT’s dividend payout ratio is presently -1,500.00%.
About Sabra Well being Care REIT
As of March 31, 2022, Sabra’s funding portfolio included 416 actual property properties held for funding. This consists of (i) 279 Expert Nursing/Transitional Care amenities, (ii) 59 Senior Housing communities (Senior Housing – Leased), (iii) 50 Senior Housing communities operated by third-party property managers pursuant to property administration agreements (Senior Housing – Managed), (iv) 13 Behavioral Well being amenities and (v) 15 Specialty Hospitals and Different amenities), one asset held on the market, one funding in a sales-type lease, 16 investments in loans receivable (consisting of (i) two mortgage loans, (ii) one building mortgage and (iii) 13 different loans), seven most well-liked fairness investments and one funding in an unconsolidated three way partnership.
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