From MarketBeat:

Advisor Partners II LLC significantly increased its position in Sabra Health Care REIT, Inc. (NASDAQ:SBRA) by 163.8% in the third quarter, now owning 119,344 shares of the real estate investment trust’s stock valued at $1,664,000. Other large investors such as CWM LLC and Chilton Capital Management LLC also raised stakes in SBRA, owning 1780 and 44,000 shares respectively.

Sabra Health Care REIT’s stock opened at $13.96, with a 50-day moving average price of $14.26 and a 200-day moving average price of $13.46. Its 12-month low is $10.08 and its high is $14.82, with a market cap of $3.23 billion and a beta of 1.21. The company’s quick ratio is 3.57 and its debt-to-equity ratio is 0.82.

A recent quarterly dividend of $0.30 was paid on Thursday, November 30th, reflecting an annualized basis of $1.20 and a dividend yield of 8.60%. Sabra Health Care REIT’s payout ratio is presently -307.69%.

Six investment analysts have rated Sabra Health Care REIT’s stock as a hold, while another six have assigned a buy rating to the company’s stock. The company currently has an average rating of “Moderate Buy” and an average price target of $14.79.

Sabra Health Care REIT’s investment portfolio on September 30, 2023, included 377 real estate properties held for investment, 12 investments in loans receivable, five preferred equity investments, and two investments in unconsolidated joint ventures.

MarketBeat does not provide verifiable, non-partial information on Sabra Health Care REIT and its developments. For more information on various hedge funds holding SBRA, visit HoldingsChannel.com.



Read more: Advisor Partners II LLC Has $1.66 Million Position in Sabra Health Care REIT, Inc. (NASDAQ:SBRA)