Jefferies Financial Group Inc. Takes $348,000 Position in Sabra Health Care REIT, Inc. (NASDAQ:SBRA)

Jefferies Financial Group Inc. bought a new position in Sabra Health Care REIT, Inc. (NASDAQ:SBRA - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 20,091 shares of the real estate investment trust's stock, valued at approximately $348,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Barclays PLC boosted its holdings in shares of Sabra Health Care REIT by 56.1% in the third quarter. Barclays PLC now owns 678,397 shares of the real estate investment trust's stock worth $12,624,000 after buying an additional 243,895 shares during the last quarter. SG Americas Securities LLC raised its position in Sabra Health Care REIT by 31.1% in the fourth quarter. SG Americas Securities LLC now owns 21,941 shares of the real estate investment trust's stock worth $380,000 after acquiring an additional 5,204 shares during the period. Janney Montgomery Scott LLC raised its position in Sabra Health Care REIT by 0.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 177,161 shares of the real estate investment trust's stock worth $3,068,000 after acquiring an additional 763 shares during the period. KBC Group NV boosted its stake in shares of Sabra Health Care REIT by 66.2% during the 4th quarter. KBC Group NV now owns 11,609 shares of the real estate investment trust's stock worth $201,000 after acquiring an additional 4,624 shares during the last quarter. Finally, Custom Index Systems LLC grew its position in shares of Sabra Health Care REIT by 4.0% during the 4th quarter. Custom Index Systems LLC now owns 26,225 shares of the real estate investment trust's stock valued at $454,000 after acquiring an additional 1,005 shares during the period. 99.40% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

SBRA has been the topic of a number of recent research reports. Scotiabank raised their target price on Sabra Health Care REIT from $18.00 to $19.00 and gave the stock a "sector perform" rating in a report on Monday, May 12th. Truist Financial upped their price target on Sabra Health Care REIT from $17.00 to $18.00 and gave the stock a "hold" rating in a research report on Tuesday, March 18th. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Sabra Health Care REIT currently has a consensus rating of "Moderate Buy" and a consensus price target of $19.50.

Insider Activity at Sabra Health Care REIT

In other news, Director Michael J. Foster sold 11,000 shares of Sabra Health Care REIT stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $18.22, for a total transaction of $200,420.00. Following the sale, the director now owns 64,725 shares in the company, valued at $1,179,289.50. This trade represents a 14.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 1.20% of the stock is owned by corporate insiders.

Sabra Health Care REIT Stock Performance

NASDAQ SBRA traded up $0.01 on Tuesday, reaching $17.49. 1,351,274 shares of the stock were exchanged, compared to its average volume of 2,216,522. Sabra Health Care REIT, Inc. has a one year low of $13.87 and a one year high of $20.03. The firm has a market capitalization of $4.16 billion, a PE ratio of 32.99, a PEG ratio of 1.97 and a beta of 0.88. The company's 50-day simple moving average is $17.54 and its two-hundred day simple moving average is $17.31. The company has a current ratio of 4.32, a quick ratio of 4.16 and a debt-to-equity ratio of 0.88.

Sabra Health Care REIT (NASDAQ:SBRA - Get Free Report) last released its earnings results on Monday, May 5th. The real estate investment trust reported $0.37 EPS for the quarter, topping analysts' consensus estimates of $0.36 by $0.01. Sabra Health Care REIT had a net margin of 18.02% and a return on equity of 4.60%. The company had revenue of $183.54 million for the quarter, compared to analysts' expectations of $180.23 million. During the same quarter last year, the business earned $0.35 EPS. The firm's revenue was up 10.1% compared to the same quarter last year. Analysts expect that Sabra Health Care REIT, Inc. will post 1.45 EPS for the current fiscal year.

Sabra Health Care REIT Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Friday, May 16th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 6.86%. The ex-dividend date was Friday, May 16th. Sabra Health Care REIT's dividend payout ratio (DPR) is presently 203.39%.

Sabra Health Care REIT Company Profile

Sabra Health Care REIT, Inc engages in the business of acquiring, financing, and owning real estate property. The company was founded on May 10, 2010 and is headquartered in Tustin, CA.