Sabra Healthcare REIT, Inc. (SBRA) Shares Sold by UBS Asset Management Americas Inc.

UBS Asset Management Americas Inc. lessened its position in Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) by 0.9% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 132,268 shares of the real estate investment trust’s stock after selling 1,257 shares during the quarter. UBS Asset Management Americas Inc. owned approximately 0.20% of Sabra Healthcare REIT worth $3,188,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. New York State Common Retirement Fund lifted its position in shares of Sabra Healthcare REIT by 1.2% in the 2nd quarter. New York State Common Retirement Fund now owns 222,168 shares of the real estate investment trust’s stock valued at $5,354,000 after acquiring an additional 2,599 shares in the last quarter. Thrivent Financial For Lutherans lifted its position in Sabra Healthcare REIT by 6.2% in the 2nd quarter. Thrivent Financial For Lutherans now owns 61,841 shares of the real estate investment trust’s stock worth $1,490,000 after buying an additional 3,600 shares in the last quarter. Laurion Capital Management LP purchased a new stake in Sabra Healthcare REIT in the 2nd quarter worth approximately $200,000. Stevens Capital Management LP purchased a new stake in Sabra Healthcare REIT in the 2nd quarter worth approximately $461,000. Finally, Amalgamated Bank lifted its position in Sabra Healthcare REIT by 1.8% in the 2nd quarter. Amalgamated Bank now owns 8,880 shares of the real estate investment trust’s stock worth $214,000 after buying an additional 159 shares in the last quarter. Institutional investors and hedge funds own 99.26% of the company’s stock.

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Sabra Healthcare REIT, Inc. (SBRA) opened at 21.14 on Thursday. The company’s 50-day moving average is $22.15 and its 200 day moving average is $24.01. Sabra Healthcare REIT, Inc. has a one year low of $19.30 and a one year high of $29.10. The company has a market capitalization of $1.38 billion, a P/E ratio of 17.79 and a beta of 0.88.

A number of research analysts have recently weighed in on SBRA shares. 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 research note on Wednesday, June 28th. Capital One Financial Corporation initiated 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. Stifel Nicolaus reiterated a “hold” rating and issued a $26.00 target price on shares of Sabra Healthcare REIT in a research note on Friday, July 28th. Finally, Bank of America Corporation raised their target price on shares of Sabra Healthcare REIT from $21.00 to $22.00 and gave the company an “underperform” rating in a research note on Friday, September 8th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $25.30.

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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