Sound Income Strategies LLC lifted its position in shares of Sabra Healthcare REIT, Inc. (NASDAQ:SBRA – Free Report) by 5.7% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 918,252 shares of the real estate investment trust’s stock after buying an additional 49,144 shares during the period. Sound Income Strategies LLC owned approximately 0.36% of Sabra Healthcare REIT worth $17,897,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in SBRA. Rothschild Investment LLC boosted its holdings in Sabra Healthcare REIT by 164.6% in the fourth quarter. Rothschild Investment LLC now owns 1,429 shares of the real estate investment trust’s stock valued at $27,000 after acquiring an additional 889 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in Sabra Healthcare REIT by 97.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,445 shares of the real estate investment trust’s stock worth $27,000 after acquiring an additional 714 shares during the last quarter. Founders Capital Management purchased a new position in shares of Sabra Healthcare REIT in the 3rd quarter worth about $28,000. Strengthening Families & Communities LLC purchased a new position in shares of Sabra Healthcare REIT in the 4th quarter worth about $29,000. Finally, Danske Bank A S acquired a new position in shares of Sabra Healthcare REIT in the 3rd quarter valued at about $30,000. 99.40% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of analysts have recently issued reports on the company. Weiss Ratings cut Sabra Healthcare REIT from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday, June 4th. Scotiabank reduced their price target on shares of Sabra Healthcare REIT from $22.00 to $19.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 18th. Cantor Fitzgerald lifted their price target on shares of Sabra Healthcare REIT from $21.00 to $22.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Truist Financial boosted their price objective on shares of Sabra Healthcare REIT from $21.00 to $22.00 and gave the stock a “hold” rating in a research note on Friday, March 13th. Finally, Citigroup lowered shares of Sabra Healthcare REIT from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $24.00 to $19.00 in a research report on Monday, June 22nd. Four equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $21.30.
Sabra Healthcare REIT Trading Up 2.4%
Shares of SBRA opened at $20.16 on Friday. Sabra Healthcare REIT, Inc. has a 12 month low of $17.17 and a 12 month high of $21.28. The stock’s 50-day moving average is $19.70 and its two-hundred day moving average is $19.66. The company has a debt-to-equity ratio of 0.96, a current ratio of 4.72 and a quick ratio of 4.72. The stock has a market cap of $5.08 billion, a PE ratio of 32.00, a P/E/G ratio of 1.47 and a beta of 0.65.
Sabra Healthcare REIT (NASDAQ:SBRA – Get Free Report) last posted its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.16 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.16. The business had revenue of $211.74 million during the quarter, compared to analyst estimates of $209.20 million. Sabra Healthcare REIT had a return on equity of 5.60% and a net margin of 19.22%.The company’s revenue for the quarter was up 20.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.37 earnings per share. Sabra Healthcare REIT has set its FY 2026 guidance at 1.550-1.590 EPS. Equities analysts forecast that Sabra Healthcare REIT, Inc. will post 1.5 earnings per share for the current fiscal year.
Sabra Healthcare REIT Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were given a $0.30 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $1.20 annualized dividend and a yield of 6.0%. Sabra Healthcare REIT’s dividend payout ratio (DPR) is 190.48%.
Sabra Healthcare REIT Profile
Sabra Healthcare REIT, Inc (NASDAQ: SBRA) is a real estate investment trust that acquires, owns and operates net‐lease healthcare properties. Its diversified portfolio spans senior housing communities, skilled nursing and rehabilitation centers, outpatient medical facilities, medical office buildings, hospitals and life science properties. Sabra structures long‐term, triple‐net lease agreements with healthcare operators, providing stable rental income streams while allowing tenants to focus on patient care and operational excellence.
Serving a broad spectrum of care segments, Sabra’s tenants include both regional and national providers of assisted living, independent living, memory care, post‐acute rehabilitation and research and development laboratories.
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