Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) is expected to pay $0.42 on Nov 30, 2016. The indicated annual dividend is $1.68. Shareholders owning the stock before Nov 10, 2016 will be eligible to receive the payout. Based on Sabra Healthcare REIT, Inc.’s current price of $20.45, the dividend is 2.05%. This dividend’s record date is Nov 15, 2016 and the announcement date is Nov 4, 2016. The stock decreased 1.87% or $0.39 during the last trading session, hitting $20.45. Sabra Health Care REIT Inc (NASDAQ:SBRA) has risen 4.02% since April 7, 2016 and is uptrending. It has underperformed by 0.76% the S&P500.
Sabra Health Care REIT, Inc. is a real estate investment trust. The company has a market cap of $1.36 billion. The Firm owns and invests in real estate serving the healthcare industry. It has a 21.66 P/E ratio. The Company’s segment is investments in healthcare-related real estate properties.
Insitutional Activity: The institutional sentiment increased to 1.88 in 2016 Q2. Its up 0.59, from 1.29 in 2016Q1. The ratio improved, as 22 funds sold all Sabra Health Care REIT Inc shares owned while 36 reduced positions. 22 funds bought stakes while 87 increased positions. They now own 59.62 million shares or 2.62% more from 58.09 million shares in 2016Q1.
Raymond James Trust Na has 21,224 shares for 0.04% of their US portfolio. Tci Wealth Advsr holds 64 shares or 0% of its portfolio. Stanley reported 268,353 shares or 2.16% of all its holdings. Us Comml Bank De holds 0% of its portfolio in Sabra Health Care REIT Inc (NASDAQ:SBRA) for 5,166 shares. Vanguard Grp Inc Inc holds 0.01% of its portfolio in Sabra Health Care REIT Inc (NASDAQ:SBRA) for 10.25 million shares. Morgan Stanley has 362,066 shares for 0% of their US portfolio. State Of Tennessee Treasury Department last reported 0.01% of its portfolio in the stock. Moreover, Blackrock Management Limited Liability has 0.01% invested in Sabra Health Care REIT Inc (NASDAQ:SBRA) for 291,479 shares. Hsbc Holding Public Limited Company holds 10,042 shares or 0% of its portfolio. Dimensional Fund Lp holds 0.01% or 890,653 shares in its portfolio. Alpine Woods Investors Limited Liability Company has invested 0.06% of its portfolio in Sabra Health Care REIT Inc (NASDAQ:SBRA). Leisure Capital Mgmt accumulated 4.56% or 197,235 shares. Pensionfund Dsm Netherlands owns 130,400 shares or 0.36% of their US portfolio. California Pub Employees Retirement Sys, a California-based fund reported 120,100 shares. Metropolitan Life Insurance Ny holds 51,353 shares or 0.01% of its portfolio.
Insider Transactions: Since June 6, 2016, the stock had 0 buys, and 1 sale for $44,080 net activity. Another trade for 2,000 shares valued at $44,080 was sold by WALTERS MILTON J.
Sabra Health Care REIT Inc (NASDAQ:SBRA) Ratings Coverage
Out of 13 analysts covering Sabra Health Care REIT (NASDAQ:SBRA), 3 rate it a “Buy”, 2 “Sell”, while 8 “Hold”. This means 23% are positive. Sabra Health Care REIT has been the topic of 24 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock of Sabra Health Care REIT Inc (NASDAQ:SBRA) earned “Buy” rating by Mizuho on Thursday, August 6. Mizuho maintained it with “Buy” rating and $23 target price in Thursday, November 12 report. The firm has “Buy” rating given on Wednesday, June 1 by Suntrust Robinson. The firm earned “Overweight” rating on Wednesday, November 11 by Barclays Capital. The company was upgraded on Thursday, August 27 by JMP Securities. The rating was maintained by Citigroup on Wednesday, August 17 with “Neutral”. Raymond James downgraded the stock to “Market Perform” rating in Tuesday, April 12 report. On Thursday, September 24 the stock rating was downgraded by RBC Capital Markets to “Sector Perform”. As per Wednesday, August 26, the company rating was maintained by Canaccord Genuity. The rating was downgraded by Stifel Nicolaus to “Hold” on Monday, November 16.
More recent Sabra Health Care REIT Inc (NASDAQ:SBRA) news were published by: Nasdaq.com which released: “Sabra Health Care REIT Series A Cumulative Redeemable Preferred Stock About To …” on November 08, 2016. Also Marketwatch.com published the news titled: “Sabra Healthcare REIT Inc.” on January 30, 2011. Globenewswire.com‘s news article titled: “Sabra Health Care REIT, Inc. Enters Into Agreement to Sell Forest Park Medical …” with publication date: February 10, 2016 was also an interesting one.
SBRA Company Profile
Sabra Health Care REIT, Inc., incorporated on May 10, 2010, 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 is 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. The Company’s investment portfolio includes approximately 180 real estate properties held for investment, including over 100 skilled nursing/transitional care facilities, approximately 80 senior housing facilities and over two acute care hospitals; approximately 20 investments in loans receivable, including over eight mortgage loans, approximately three construction loans, over two mezzanine loans, approximately three pre-development loans and a debtor-in-possession loan, and over 10 preferred equity investments.