Sabra Health Care REIT Inc (NASDAQ:SBRA) Holdings Boosted by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. boosted its position in shares of Sabra Health Care REIT Inc (NASDAQ:SBRA) by 2.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 115,900 shares of the real estate investment trust’s stock after purchasing an additional 2,244 shares during the period. Landscape Capital Management L.L.C. owned 0.06% of Sabra Health Care REIT worth $2,282,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Centersquare Investment Management LLC grew its holdings in shares of Sabra Health Care REIT by 319,577.4% during the 1st quarter. Centersquare Investment Management LLC now owns 3,219,151 shares of the real estate investment trust’s stock valued at $62,676,000 after acquiring an additional 3,218,144 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of Sabra Health Care REIT by 342.1% during the 1st quarter. Principal Financial Group Inc. now owns 3,490,597 shares of the real estate investment trust’s stock valued at $67,962,000 after acquiring an additional 2,701,133 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Sabra Health Care REIT by 88.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,854,854 shares of the real estate investment trust’s stock valued at $36,077,000 after acquiring an additional 869,179 shares in the last quarter. FMR LLC grew its holdings in shares of Sabra Health Care REIT by 4.5% during the 1st quarter. FMR LLC now owns 6,095,981 shares of the real estate investment trust’s stock valued at $118,689,000 after acquiring an additional 263,481 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Sabra Health Care REIT by 13.8% during the 4th quarter. Geode Capital Management LLC now owns 2,134,155 shares of the real estate investment trust’s stock valued at $35,170,000 after acquiring an additional 258,266 shares in the last quarter. Hedge funds and other institutional investors own 89.06% of the company’s stock.

Several equities research analysts recently issued reports on the stock. Zacks Investment Research raised shares of Sabra Health Care REIT from a “sell” rating to a “hold” rating in a research note on Friday, June 21st. TheStreet raised shares of Sabra Health Care REIT from a “c+” rating to a “b” rating in a research note on Thursday, August 8th. Finally, BidaskClub raised shares of Sabra Health Care REIT from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 10th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $20.50.



Shares of SBRA stock traded up $0.54 on Friday, hitting $21.47. The company’s stock had a trading volume of 101,057 shares, compared to its average volume of 1,326,399. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.68 and a quick ratio of 1.68. Sabra Health Care REIT Inc has a fifty-two week low of $15.70 and a fifty-two week high of $23.83. The firm’s fifty day moving average price is $20.50 and its 200-day moving average price is $19.64. The stock has a market capitalization of $3.98 billion, a price-to-earnings ratio of 9.35, a P/E/G ratio of 11.75 and a beta of 0.89.

Sabra Health Care REIT (NASDAQ:SBRA) last released its earnings results on Wednesday, August 7th. The real estate investment trust reported $0.46 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.47 by ($0.01). The firm had revenue of $219.37 million for the quarter, compared to analyst estimates of $162.17 million. Sabra Health Care REIT had a return on equity of 0.67% and a net margin of 3.37%. Analysts predict that Sabra Health Care REIT Inc will post 1.88 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Shareholders of record on Tuesday, August 20th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 8.38%. The ex-dividend date of this dividend is Monday, August 19th. Sabra Health Care REIT’s dividend payout ratio is 78.60%.

Sabra Health Care REIT Profile

As of December 31, 2018, Sabra's investment portfolio included 470 real estate properties held for investment (consisting of (i) 335 Skilled Nursing/Transitional Care facilities, (ii) 90 Senior Housing communities (“Senior Housing – Leased”), (iii) 23 Senior Housing communities operated by third-party property managers pursuant to property management agreements (“Senior Housing – Managed”) and (iv) 22 Specialty Hospitals and Other facilities), one investment in a direct financing lease, 22 investments in loans receivable (consisting of (i) one mortgage loan, (ii) two construction loans, (iii) one mezzanine loan and (iv) 18 other loans), nine preferred equity investments and one investment in an unconsolidated joint venture that owns 172 Senior Housing – Managed communities.

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

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