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

Yousif Capital Management LLC lessened its holdings in Sabra Health Care REIT, Inc. (NASDAQ:SBRA) by 3.8% during the fourth quarter, according to its most recent 13F filing 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 period. Yousif Capital Management LLC’s holdings in Sabra Health Care REIT were worth $1,442,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Rockefeller Capital Management L.P. raised its stake in shares of Sabra Health Care REIT by 4.5% in the third quarter. Rockefeller Capital Management L.P. now owns 15,369 shares of the real estate investment trust’s stock worth $286,000 after purchasing an additional 655 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in Sabra Health Care REIT by 0.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 177,161 shares of the real estate investment trust’s stock valued at $3,068,000 after acquiring an additional 763 shares in the last quarter. Inspire Investing LLC boosted its holdings in Sabra Health Care REIT by 4.5% during the 4th quarter. Inspire Investing LLC now owns 23,152 shares of the real estate investment trust’s stock worth $401,000 after acquiring an additional 992 shares during the last quarter. Custom Index Systems LLC grew its stake in shares of Sabra Health Care REIT by 4.0% in the 4th quarter. Custom Index Systems LLC now owns 26,225 shares of the real estate investment trust’s stock worth $454,000 after acquiring an additional 1,005 shares in the last quarter. Finally, Assetmark Inc. raised its holdings in shares of Sabra Health Care REIT by 168.4% in the third 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. Institutional investors own 99.40% of the company’s stock.

Analyst Ratings Changes

SBRA has been the subject of a number of recent analyst reports. JMP Securities raised shares of 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. Mizuho reiterated a “neutral” rating and set a $20.00 price target on shares of Sabra Health Care REIT in a report on Thursday, December 5th. Citizens Jmp upgraded shares of Sabra Health Care REIT from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th. Finally, Truist Financial lowered shares of Sabra Health Care REIT from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $18.00 to $17.00 in a research report on Friday, January 17th. Three equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Sabra Health Care REIT presently has an average rating of “Moderate Buy” and an average target price of $18.86.

Sabra Health Care REIT Price Performance

SBRA opened at $16.10 on Thursday. The firm has a 50-day moving average price of $17.04 and a 200-day moving average price of $17.62. Sabra Health Care REIT, Inc. has a twelve month low of $13.26 and a twelve month high of $20.03. The company has a quick ratio of 4.16, a current ratio of 4.16 and a debt-to-equity ratio of 0.90. The company has a market capitalization of $3.81 billion, a price-to-earnings ratio of 39.27, a PEG ratio of 2.02 and a beta of 1.25.

Sabra Health Care REIT Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be given a dividend of $0.30 per share. The ex-dividend date is Friday, February 14th. This represents a $1.20 annualized dividend and a dividend yield of 7.45%. Sabra Health Care REIT’s dividend 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.