Teachers Retirement System of The State of Kentucky lifted its holdings in Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) by 27.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,200 shares of the real estate investment trust’s stock after purchasing an additional 5,200 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Sabra Healthcare REIT were worth $583,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in SBRA. Citadel Advisors LLC acquired a new position in shares of Sabra Healthcare REIT in the second quarter worth about $5,066,000. Parametric Portfolio Associates LLC boosted its holdings in shares of Sabra Healthcare REIT by 8.9% in the second quarter. Parametric Portfolio Associates LLC now owns 160,231 shares of the real estate investment trust’s stock worth $3,862,000 after buying an additional 13,099 shares during the period. Quantbot Technologies LP acquired a new position in shares of Sabra Healthcare REIT in the second quarter worth about $297,000. Timbercreek Asset Management Ltd. boosted its holdings in shares of Sabra Healthcare REIT by 108.4% in the second quarter. Timbercreek Asset Management Ltd. now owns 155,801 shares of the real estate investment trust’s stock worth $3,755,000 after buying an additional 81,044 shares during the period. Finally, California Public Employees Retirement System boosted its holdings in shares of Sabra Healthcare REIT by 8.1% in the second quarter. California Public Employees Retirement System now owns 121,200 shares of the real estate investment trust’s stock worth $2,921,000 after buying an additional 9,100 shares during the period. 99.26% of the stock is currently owned by institutional investors.

Shares of Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) opened at 21.17 on Wednesday. Sabra Healthcare REIT, Inc. has a 12-month low of $19.30 and a 12-month high of $29.10.

SBRA has been the subject of several recent analyst reports. BidaskClub upgraded shares of Sabra Healthcare REIT from a “sell” rating to a “hold” rating in a report on Tuesday, June 20th. Mizuho reiterated a “neutral” rating on shares of Sabra Healthcare REIT in a report on Wednesday, June 28th. Jefferies Group LLC reiterated a “hold” rating and issued a $25.00 target price (down from $28.00) on shares of Sabra Healthcare REIT in a report on Sunday, July 9th. Zacks Investment Research upgraded shares of Sabra Healthcare REIT from a “sell” rating to a “hold” rating in a report on Tuesday, July 11th. Finally, Stifel Nicolaus reiterated a “hold” rating and issued a $26.00 target price on shares of Sabra Healthcare REIT in a report on Friday, July 28th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and six have given a buy rating to the company’s stock. Sabra Healthcare REIT presently has an average rating of “Hold” and a consensus price target of $25.30.

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About Sabra Healthcare REIT

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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