Green Street Investors LLC Buys New Position in Sabra Healthcare REIT, Inc. (SBRA)

Green Street Investors LLC bought a new stake in 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 bought 145,300 shares of the real estate investment trust’s stock, valued at approximately $3,188,000. Sabra Healthcare REIT makes up 1.9% of Green Street Investors LLC’s portfolio, making the stock its 20th largest holding. Green Street Investors LLC owned about 0.22% of Sabra Healthcare REIT as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. California Public Employees Retirement System raised its stake in shares of Sabra Healthcare REIT by 8.1% during the 2nd quarter. California Public Employees Retirement System now owns 121,200 shares of the real estate investment trust’s stock worth $2,921,000 after purchasing an additional 9,100 shares in the last quarter. OMERS ADMINISTRATION Corp bought a new stake in shares of Sabra Healthcare REIT during the 2nd quarter worth approximately $2,453,000. BlackRock Inc. raised its stake in shares of Sabra Healthcare REIT by 9,246.7% during the 1st quarter. BlackRock Inc. now owns 9,293,011 shares of the real estate investment trust’s stock worth $259,556,000 after purchasing an additional 9,193,585 shares in the last quarter. Marshall Wace North America L.P. bought a new stake in shares of Sabra Healthcare REIT during the 2nd quarter worth approximately $1,327,000. Finally, River Road Asset Management LLC raised its stake in shares of Sabra Healthcare REIT by 30.2% during the 2nd quarter. River Road Asset Management LLC now owns 2,314,827 shares of the real estate investment trust’s stock worth $55,787,000 after purchasing an additional 536,583 shares in the last quarter. Hedge funds and other institutional investors own 99.26% of the company’s stock.

Sabra Healthcare REIT, Inc. (SBRA) traded down 2.7349% on Tuesday, hitting $19.9199. The company had a trading volume of 1,085,023 shares. Sabra Healthcare REIT, Inc. has a one year low of $19.30 and a one year high of $29.10.

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A number of equities research analysts have recently issued reports on the company. Zacks Investment Research cut Sabra Healthcare REIT from a “buy” rating to a “hold” rating in a research note on Wednesday, October 25th. SunTrust Banks, Inc. reiterated a “buy” rating and set a $30.00 price objective on shares of Sabra Healthcare REIT in a research note on Monday, October 9th. Mizuho reiterated a “hold” rating and set a $23.00 price objective on shares of Sabra Healthcare REIT in a research note on Wednesday, October 4th. ValuEngine upgraded Sabra Healthcare REIT from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Cantor Fitzgerald reiterated a “buy” rating and set a $30.00 price objective on shares of Sabra Healthcare REIT in a research note on Thursday, September 28th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company’s stock. The company presently has an average 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.

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

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