Anchor Capital Advisors LLC acquired a new position in shares of Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,851,230 shares of the real estate investment trust’s stock, valued at approximately $40,616,000. Sabra Healthcare REIT accounts for about 1.5% of Anchor Capital Advisors LLC’s investment portfolio, making the stock its 16th biggest holding. Anchor Capital Advisors LLC owned 1.04% of Sabra Healthcare REIT as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Sabra Healthcare REIT by 9.3% during the 2nd 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. Daiwa Securities Group Inc. increased its stake 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 valued at $142,000 after acquiring an additional 800 shares during the period. Riverhead Capital Management LLC increased its stake 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 valued at $165,000 after acquiring an additional 3,361 shares during the period. Flinton Capital Management LLC increased its stake 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 valued at $165,000 after acquiring an additional 3,366 shares during the period. Finally, Laurion Capital Management LP bought a new stake in Sabra Healthcare REIT in the second quarter valued at about $200,000. Institutional investors own 99.26% of the company’s stock.

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A number of analysts recently weighed in on SBRA shares. BidaskClub raised shares of Sabra Healthcare REIT from a “sell” rating to a “hold” rating in a research note on Wednesday, July 19th. TheStreet cut shares of Sabra Healthcare REIT from a “b-” rating to a “c” rating in a research note on Friday, November 3rd. Capital One Financial Corporation started coverage on shares of Sabra Healthcare REIT in a research note on Monday, September 25th. They issued an “equal weight” rating and a $24.00 target price on the stock. Zacks Investment Research cut shares of Sabra Healthcare REIT from a “buy” rating to a “hold” rating in a research note on Wednesday, October 25th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $26.00 target price on shares of Sabra Healthcare REIT in a research note on Friday, July 28th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Hold” and an average target price of $24.40.

Shares of Sabra Healthcare REIT, Inc. (NASDAQ SBRA) traded up $0.26 during trading on Monday, reaching $19.46. 1,309,500 shares of the company’s stock traded hands, compared to its average volume of 1,577,545. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.66 and a quick ratio of 1.66. The company has a market capitalization of $3,400.00, a PE ratio of 8.54, a price-to-earnings-growth ratio of 2.52 and a beta of 0.94. Sabra Healthcare REIT, Inc. has a 1 year low of $19.07 and a 1 year high of $29.10.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th will be paid a dividend of $0.07 per share. The ex-dividend date is Tuesday, November 14th. This represents a $0.28 annualized dividend and a yield of 1.44%. Sabra Healthcare REIT’s dividend payout ratio is 184.62%.

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.

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

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