Sabra Health Care REIT Inc (SBRA) Shares Bought by Zurcher Kantonalbank Zurich Cantonalbank

Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Sabra Health Care REIT Inc (NASDAQ:SBRA) by 15.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 36,437 shares of the real estate investment trust’s stock after buying an additional 5,011 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Sabra Health Care REIT were worth $684,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in SBRA. GSA Capital Partners LLP purchased a new position in shares of Sabra Health Care REIT in the second quarter worth $270,000. California Public Employees Retirement System raised its stake in Sabra Health Care REIT by 8.1% during the second quarter. California Public Employees Retirement System now owns 121,200 shares of the real estate investment trust’s stock valued at $2,921,000 after purchasing an additional 9,100 shares in the last quarter. Parametric Portfolio Associates LLC raised its stake in Sabra Health Care REIT by 8.9% during the second quarter. Parametric Portfolio Associates LLC now owns 160,231 shares of the real estate investment trust’s stock valued at $3,862,000 after purchasing an additional 13,099 shares in the last quarter. Teachers Retirement System of The State of Kentucky raised its stake in Sabra Health Care REIT by 27.4% during the second quarter. Teachers Retirement System of The State of Kentucky now owns 24,200 shares of the real estate investment trust’s stock valued at $583,000 after purchasing an additional 5,200 shares in the last quarter. Finally, Virtu KCG Holdings LLC purchased a new stake in Sabra Health Care REIT during the second quarter valued at $326,000. 85.68% of the stock is currently owned by hedge funds and other institutional investors.

Sabra Health Care REIT Inc (NASDAQ SBRA) opened at $15.96 on Thursday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 1.66 and a current ratio of 1.66. Sabra Health Care REIT Inc has a 1 year low of $15.77 and a 1 year high of $29.10. The firm has a market cap of $2,840.00, a price-to-earnings ratio of 20.46, a price-to-earnings-growth ratio of 2.29 and a beta of 0.74.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 28th. Shareholders of record on Thursday, February 15th will be given a dividend of $0.45 per share. This represents a $1.80 dividend on an annualized basis and a yield of 11.28%. The ex-dividend date of this dividend is Wednesday, February 14th. Sabra Health Care REIT’s dividend payout ratio (DPR) is 266.67%.

In other Sabra Health Care REIT news, Director Milton J. Walters sold 4,615 shares of the business’s stock in a transaction on Thursday, November 30th. The shares were sold at an average price of $19.18, for a total transaction of $88,515.70. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 2.60% of the company’s stock.

A number of equities research analysts recently issued reports on SBRA shares. SunTrust Banks set a $22.00 price target on shares of Sabra Health Care REIT and gave the company a “buy” rating in a research note on Monday, January 22nd. TheStreet downgraded shares of Sabra Health Care REIT from a “b-” rating to a “c” rating in a research note on Friday, November 3rd. Zacks Investment Research raised shares of Sabra Health Care REIT from a “sell” rating to a “hold” rating in a research note on Wednesday. ValuEngine downgraded shares of Sabra Health Care REIT from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Finally, Jefferies Group reaffirmed a “hold” rating on shares of Sabra Health Care REIT in a research note on Thursday, December 21st. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the stock. Sabra Health Care REIT currently has a consensus rating of “Hold” and an average target price of $24.10.

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Sabra Health Care REIT Company 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.

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

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