Strs Ohio Has $5.92 Million Holdings in Sabra Healthcare REIT, Inc. (SBRA)

Strs Ohio boosted its holdings in shares of Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) by 165.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 269,655 shares of the real estate investment trust’s stock after purchasing an additional 168,022 shares during the period. Strs Ohio owned about 0.41% of Sabra Healthcare REIT worth $5,916,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in SBRA. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Sabra Healthcare REIT by 9.3% during 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. Daiwa Securities Group Inc. lifted its stake in Sabra Healthcare REIT by 15.7% during 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 stake in Sabra Healthcare REIT by 96.0% during 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. Flinton Capital Management LLC lifted its stake in Sabra Healthcare REIT by 96.1% during 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. Finally, Laurion Capital Management LP bought a new position in Sabra Healthcare REIT during the second quarter worth about $200,000. Hedge funds and other institutional investors own 99.26% of the company’s stock.

Shares of Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) opened at 20.61 on Monday. Sabra Healthcare REIT, Inc. has a 12-month low of $19.30 and a 12-month high of $29.10. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of 17.35 and a beta of 0.88. The stock’s 50 day moving average is $21.82 and its 200 day moving average is $23.44.

A number of research analysts have commented on SBRA shares. Jefferies Group LLC restated a “hold” rating and set a $25.00 price target (down previously from $28.00) on shares of Sabra Healthcare REIT in a research note on Sunday, July 9th. Mizuho cut shares of Sabra Healthcare REIT from a “neutral” rating to an “underperform” rating and cut their price target for the stock from $25.00 to $23.00 in a research note on Monday, July 10th. Zacks Investment Research upgraded shares of Sabra Healthcare REIT from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th. BidaskClub cut shares of Sabra Healthcare REIT from a “hold” rating to a “sell” rating in a research note on Thursday, July 13th. Finally, Stifel Nicolaus restated a “hold” rating and set a $26.00 price target on shares of Sabra Healthcare REIT in a research note on Friday, July 28th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average 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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