Quantbot Technologies LP lessened its holdings in Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) by 35.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,964 shares of the real estate investment trust’s stock after selling 4,368 shares during the period. Quantbot Technologies LP’s holdings in Sabra Healthcare REIT were worth $174,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of SBRA. Dimensional Fund Advisors LP raised its stake in Sabra Healthcare REIT by 3.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 919,088 shares of the real estate investment trust’s stock valued at $25,669,000 after acquiring an additional 30,841 shares during the period. Bank of Montreal Can raised its stake in Sabra Healthcare REIT by 357.1% in the 2nd quarter. Bank of Montreal Can now owns 17,793 shares of the real estate investment trust’s stock valued at $429,000 after acquiring an additional 13,900 shares during the period. Aperio Group LLC raised its stake in Sabra Healthcare REIT by 11.6% in the 2nd quarter. Aperio Group LLC now owns 22,137 shares of the real estate investment trust’s stock valued at $534,000 after acquiring an additional 2,303 shares during the period. Municipal Employees Retirement System of Michigan raised its stake in Sabra Healthcare REIT by 3.4% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 15,410 shares of the real estate investment trust’s stock valued at $371,000 after acquiring an additional 500 shares during the period. Finally, Janney Montgomery Scott LLC raised its stake in Sabra Healthcare REIT by 5.5% in the 2nd quarter. Janney Montgomery Scott LLC now owns 40,728 shares of the real estate investment trust’s stock valued at $982,000 after acquiring an additional 2,110 shares during the period. Institutional investors and hedge funds own 85.31% of the company’s stock.

Sabra Healthcare REIT, Inc. (SBRA) opened at $19.37 on Friday. The company has a current ratio of 1.66, a quick ratio of 1.66 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $3,429.19, a price-to-earnings ratio of 8.44, a price-to-earnings-growth ratio of 2.50 and a beta of 0.93. Sabra Healthcare REIT, Inc. has a 12-month low of $18.48 and a 12-month high of $29.10.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th were given a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.45%. The ex-dividend date was Tuesday, November 14th. Sabra Healthcare REIT’s payout ratio is 221.28%.

SBRA has been the topic of several recent research reports. Cantor Fitzgerald reiterated a “buy” rating and set a $30.00 price objective on shares of Sabra Healthcare REIT in a research report on Friday, September 8th. Stifel Nicolaus reiterated a “hold” rating and set a $22.00 price objective on shares of Sabra Healthcare REIT in a research report on Friday, November 3rd. SunTrust Banks reiterated a “buy” rating and set a $30.00 price objective on shares of Sabra Healthcare REIT in a research report on Monday, October 9th. Capital One Financial initiated coverage on Sabra Healthcare REIT in a research report on Monday, September 25th. They set an “equal weight” rating and a $24.00 price objective on the stock. Finally, TheStreet cut Sabra Healthcare REIT from a “b-” rating to a “c” rating in a research report on Friday, November 3rd. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the stock. Sabra Healthcare REIT presently has an average rating of “Hold” and an average target price of $24.40.

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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.

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

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