Wasatch Advisors Inc. grew its holdings in Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) by 14.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 570,029 shares of the real estate investment trust’s stock after acquiring an additional 72,125 shares during the quarter. Wasatch Advisors Inc.’s holdings in Sabra Healthcare REIT were worth $13,738,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Sabra Healthcare REIT by 9.3% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,151 shares of the real estate investment trust’s stock worth $100,000 after purchasing an additional 352 shares during the period. Ameritas Investment Partners Inc. bought a new position in Sabra Healthcare REIT in the first quarter worth $156,000. Daiwa Securities Group Inc. lifted its position in Sabra Healthcare REIT by 15.7% in the second quarter. Daiwa Securities Group Inc. now owns 5,900 shares of the real estate investment trust’s stock worth $142,000 after purchasing an additional 800 shares during the period. Riverhead Capital Management LLC lifted its position in Sabra Healthcare REIT by 96.0% in the second quarter. Riverhead Capital Management LLC now owns 6,861 shares of the real estate investment trust’s stock worth $165,000 after purchasing an additional 3,361 shares during the period. Finally, Flinton Capital Management LLC lifted its position in Sabra Healthcare REIT by 96.1% in the second quarter. Flinton Capital Management LLC now owns 6,868 shares of the real estate investment trust’s stock worth $165,000 after purchasing an additional 3,366 shares during the period. 99.26% of the stock is owned by institutional investors.

Sabra Healthcare REIT, Inc. (NASDAQ SBRA) traded up 0.403% on Monday, reaching $21.185. The company’s stock had a trading volume of 243,835 shares. The company has a 50-day moving average price of $22.14 and a 200 day moving average price of $23.89. Sabra Healthcare REIT, Inc. has a 12 month low of $19.30 and a 12 month high of $29.10. The company has a market cap of $1.39 billion, a P/E ratio of 17.832 and a beta of 0.88.

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Several brokerages recently commented on SBRA. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $30.00 target price on shares of Sabra Healthcare REIT in a research report on Monday, October 9th. Mizuho reaffirmed a “hold” rating and issued a $23.00 target price on shares of Sabra Healthcare REIT in a research report on Wednesday, October 4th. ValuEngine raised Sabra Healthcare REIT from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. Cantor Fitzgerald reaffirmed a “buy” rating and issued a $30.00 target price on shares of Sabra Healthcare REIT in a research report on Thursday, September 28th. Finally, Jefferies Group LLC reaffirmed a “buy” rating and issued a $24.00 target price (down from $25.00) on shares of Sabra Healthcare REIT in a research report on Wednesday, September 27th. Two analysts have rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company. Sabra Healthcare REIT currently has a consensus rating of “Hold” and a consensus target price of $25.30.

Sabra Healthcare 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.

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

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