Tower Analysis Capital LLC TRC Reduces Inventory Place in Sabra Well being Care REIT, Inc. (NASDAQ:SBRA)


Tower Analysis Capital LLC TRC reduced its stake in stocks of Sabra Well being Care REIT, Inc. (NASDAQ:SBRAUnfastened File) via 51.3% right through the first quarter, consistent with the corporate in its most up-to-date disclosure with the Securities and Change Fee (SEC). The institutional investor owned 12,414 stocks of the true property funding consider’s inventory after promoting 13,068 stocks right through the length. Tower Analysis Capital LLC TRC’s holdings in Sabra Well being Care REIT have been price $143,000 on the finish of the latest reporting length.

A number of different institutional traders have additionally just lately made adjustments to their positions within the inventory. Leading edge Team Inc. lifted its place in stocks of Sabra Well being Care REIT via 2.4% right through the primary quarter. Leading edge Team Inc. now owns 36,317,289 stocks of the true property funding consider’s inventory price $540,765,000 after obtaining an extra 859,548 stocks within the closing quarter. State Boulevard Corp raised its place in stocks of Sabra Well being Care REIT via 0.7% within the 0.33 quarter. State Boulevard Corp now owns 12,205,889 stocks of the true property funding consider’s inventory price $160,141,000 after purchasing an extra 81,240 stocks within the closing quarter. Deutsche Financial institution AG raised its place in stocks of Sabra Well being Care REIT via 29.5% within the fourth quarter. Deutsche Financial institution AG now owns 11,354,105 stocks of the true property funding consider’s inventory price $141,132,000 after purchasing an extra 2,588,678 stocks within the closing quarter. Centersquare Funding Control LLC raised its place in stocks of Sabra Well being Care REIT via 17.9% within the fourth quarter. Centersquare Funding Control LLC now owns 7,306,340 stocks of the true property funding consider’s inventory price $90,818,000 after purchasing an extra 1,110,487 stocks within the closing quarter. After all, Financial institution of New York Mellon Corp raised its place in stocks of Sabra Well being Care REIT via 14.1% within the first quarter. Financial institution of New York Mellon Corp now owns 5,594,832 stocks of the true property funding consider’s inventory price $64,341,000 after purchasing an extra 689,809 stocks within the closing quarter. Hedge price range and different institutional traders personal 86.36% of the corporate’s inventory.

Sabra Well being Care REIT Inventory Up 3.7 %

NASDAQ SBRA opened at $12.74 on Thursday. The corporate has a debt-to-equity ratio of 0.82, a present ratio of three.69 and a snappy ratio of three.69. The inventory has a marketplace capitalization of $2.95 billion, a PE ratio of -23.59 and a beta of one.30. Sabra Well being Care REIT, Inc. has a 1 yr low of $10.08 and a 1 yr prime of $15.45. The industry’s 50-day transferring reasonable is $12.38 and its 200 day transferring reasonable is $11.80.

Sabra Well being Care REIT Dividend Announcement

The company additionally just lately introduced a quarterly dividend, which will probably be paid on Thursday, August thirty first. Traders of document on Thursday, August seventeenth will probably be paid a $0.30 dividend. The ex-dividend date is Wednesday, August sixteenth. This represents a $1.20 annualized dividend and a dividend yield of 9.42%. Sabra Well being Care REIT’s payout ratio is at this time -222.22%.

Analyst Scores Adjustments

A lot of analysis corporations just lately commented on SBRA. Stifel Nicolaus lowered their goal value on Sabra Well being Care REIT from $15.00 to $14.00 in a analysis observe on Thursday, Would possibly 4th. Berenberg Financial institution started protection on Sabra Well being Care REIT in a analysis observe on Thursday, July twenty seventh. They issued a “dangle” ranking and a $13.00 goal value at the inventory. StockNews.com started protection on Sabra Well being Care REIT in a analysis observe on Thursday, August seventeenth. They issued a “dangle” ranking at the inventory. Citigroup greater their goal value on Sabra Well being Care REIT from $11.00 to $12.50 and gave the corporate a “impartial” ranking in a analysis observe on Friday, July 14th. After all, Financial institution of The united states raised Sabra Well being Care REIT from an “underperform” ranking to a “impartial” ranking and greater their goal value for the corporate from $11.00 to $14.00 in a analysis observe on Friday, August eleventh. One equities analysis analyst has rated the inventory with a promote ranking, seven have given a dangle ranking and one has issued a purchase ranking to the corporate. In keeping with knowledge from MarketBeat, the inventory recently has a consensus ranking of “Grasp” and a mean value goal of $12.94.

Learn Our Newest Research on SBRA

Sabra Well being Care REIT Corporate Profile

(Unfastened File)

As of June 30, 2023, Sabra’s funding portfolio incorporated 392 actual property homes held for funding (consisting of (i) 253 Professional Nursing/Transitional Care amenities, (ii) 45 senior housing communities (Senior Housing Leased), (iii) 61 senior housing communities operated via third-party belongings managers pursuant to belongings control agreements (Senior Housing Controlled), (iv) 18 Behavioral Well being amenities and (v) 15 Strong point Hospitals and Different amenities), 13 investments in loans receivable (consisting of 2 loan loans and 11 different loans), 5 most well-liked fairness investments and two investments in unconsolidated joint ventures.

See Additionally

Need to see what different hedge price range are retaining SBRA? Consult with HoldingsChannel.com to get the most recent 13F filings and insider trades for Sabra Well being Care REIT, Inc. (NASDAQ:SBRAUnfastened File).

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

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