Yousif Capital Management LLC Sells 3,264 Shares of Sabra Health Care REIT, Inc. (NASDAQ:SBRA)

Yousif Capital Management LLC trimmed its position in Sabra Health Care REIT, Inc. (NASDAQ:SBRA) by 3.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 83,273 shares of the real estate investment trust’s stock after selling 3,264 shares during the quarter. Yousif Capital Management LLC’s holdings in Sabra Health Care REIT were worth $1,442,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SBRA. Quarry LP bought a new stake in shares of Sabra Health Care REIT during the 3rd quarter worth $30,000. Assetmark Inc. lifted its stake in Sabra Health Care REIT by 168.4% in the 3rd quarter. Assetmark Inc. now owns 1,962 shares of the real estate investment trust’s stock valued at $37,000 after purchasing an additional 1,231 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Sabra Health Care REIT in the third quarter valued at approximately $59,000. Harbor Capital Advisors Inc. acquired a new position in shares of Sabra Health Care REIT during the third quarter worth $78,000. Finally, International Assets Investment Management LLC lifted its stake in shares of Sabra Health Care REIT by 1,761.0% in the 3rd quarter. International Assets Investment Management LLC now owns 6,104 shares of the real estate investment trust’s stock valued at $114,000 after acquiring an additional 5,776 shares during the last quarter. 99.40% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have commented on SBRA shares. Truist Financial downgraded Sabra Health Care REIT from a “buy” rating to a “hold” rating and dropped their target price for the company from $18.00 to $17.00 in a research report on Friday, January 17th. Mizuho reissued a “neutral” rating and issued a $20.00 price objective on shares of Sabra Health Care REIT in a research note on Thursday, December 5th. JMP Securities upgraded Sabra Health Care REIT from a “market perform” rating to an “outperform” rating and set a $20.00 price objective for the company in a research report on Tuesday, January 7th. Finally, Citizens Jmp upgraded shares of Sabra Health Care REIT from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 7th. Three investment analysts have rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $18.86.

Sabra Health Care REIT Trading Down 0.9 %

SBRA opened at $16.10 on Thursday. The company has a market cap of $3.81 billion, a P/E ratio of 39.27, a price-to-earnings-growth ratio of 2.02 and a beta of 1.25. The company has a fifty day moving average price of $17.04 and a two-hundred day moving average price of $17.62. The company has a current ratio of 4.16, a quick ratio of 4.16 and a debt-to-equity ratio of 0.90. Sabra Health Care REIT, Inc. has a 1-year low of $13.26 and a 1-year high of $20.03.

Sabra Health Care REIT Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be issued a $0.30 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.20 annualized dividend and a yield of 7.45%. Sabra Health Care REIT’s payout ratio is currently 292.69%.

About Sabra Health Care REIT

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.