XTX Topco Ltd Purchases Shares of 32,162 Sabra Health Care REIT, Inc. (NASDAQ:SBRA)

XTX Topco Ltd bought a new stake in Sabra Health Care REIT, Inc. (NASDAQ:SBRA - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 32,162 shares of the real estate investment trust's stock, valued at approximately $557,000.

Several other institutional investors have also recently bought and sold shares of SBRA. Principal Financial Group Inc. boosted its position in Sabra Health Care REIT by 2.5% during the fourth quarter. Principal Financial Group Inc. now owns 22,109,683 shares of the real estate investment trust's stock valued at $382,940,000 after purchasing an additional 536,247 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Sabra Health Care REIT by 4.3% during the 4th quarter. JPMorgan Chase & Co. now owns 10,312,991 shares of the real estate investment trust's stock worth $178,621,000 after purchasing an additional 426,074 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Sabra Health Care REIT by 1.4% in the 4th quarter. Geode Capital Management LLC now owns 6,381,525 shares of the real estate investment trust's stock valued at $110,550,000 after buying an additional 86,727 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Sabra Health Care REIT by 13.0% in the 4th quarter. Bank of New York Mellon Corp now owns 4,039,651 shares of the real estate investment trust's stock valued at $69,967,000 after acquiring an additional 463,601 shares during the period. Finally, Wellington Management Group LLP grew its holdings in Sabra Health Care REIT by 33.7% during the fourth quarter. Wellington Management Group LLP now owns 3,205,042 shares of the real estate investment trust's stock worth $55,511,000 after purchasing an additional 808,207 shares during the period. Institutional investors own 99.40% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on SBRA shares. Citizens Jmp raised Sabra Health Care REIT from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 7th. Truist Financial upped their price objective on Sabra Health Care REIT from $17.00 to $18.00 and gave the company a "hold" rating in a report on Tuesday, March 18th. Finally, JMP Securities raised Sabra Health Care REIT from a "market perform" rating to an "outperform" rating and set a $20.00 target price for the company in a report on Tuesday, January 7th. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $19.33.

Sabra Health Care REIT Price Performance

Shares of NASDAQ SBRA traded down $0.04 during trading hours on Friday, hitting $17.46. 534,246 shares of the stock were exchanged, compared to its average volume of 2,129,723. The company's fifty day simple moving average is $17.12 and its two-hundred day simple moving average is $17.53. The company has a market cap of $4.15 billion, a PE ratio of 32.99, a price-to-earnings-growth ratio of 1.97 and a beta of 0.93. The company has a debt-to-equity ratio of 0.88, a quick ratio of 4.16 and a current ratio of 4.32. Sabra Health Care REIT, Inc. has a 1-year low of $13.55 and a 1-year high of $20.03.

Sabra Health Care REIT (NASDAQ:SBRA - Get Free Report) last posted its earnings results on Wednesday, February 19th. The real estate investment trust reported $0.36 EPS for the quarter, hitting analysts' consensus estimates of $0.36. The firm had revenue of $182.35 million during the quarter, compared to analysts' expectations of $178.01 million. Sabra Health Care REIT had a net margin of 18.02% and a return on equity of 4.60%. On average, sell-side analysts predict that Sabra Health Care REIT, Inc. will post 1.45 EPS for the current year.

Sabra Health Care REIT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were issued a $0.30 dividend. The ex-dividend date was Friday, February 14th. This represents a $1.20 dividend on an annualized basis and a yield of 6.87%. Sabra Health Care REIT's payout ratio is presently 226.42%.

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.