VSM Wealth Advisory LLC Invests $26,000 in Sabra Health Care REIT, Inc. (NASDAQ:SBRA)

VSM Wealth Advisory LLC acquired a new position in Sabra Health Care REIT, Inc. (NASDAQ:SBRA) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 1,477 shares of the real estate investment trust’s stock, valued at approximately $26,000.

Other institutional investors have also recently modified their holdings of the company. Quarry LP purchased a new position in shares of Sabra Health Care REIT in the third quarter worth about $30,000. Assetmark Inc. raised its position in Sabra Health Care REIT by 33.4% during the fourth quarter. Assetmark Inc. now owns 2,618 shares of the real estate investment trust’s stock valued at $45,000 after acquiring an additional 656 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Sabra Health Care REIT during the third quarter valued at approximately $59,000. Jones Financial Companies Lllp raised its position in Sabra Health Care REIT by 208.3% during the fourth quarter. Jones Financial Companies Lllp now owns 6,222 shares of the real estate investment trust’s stock valued at $108,000 after acquiring an additional 4,204 shares in the last quarter. Finally, Autumn Glory Partners LLC purchased a new position in Sabra Health Care REIT during the fourth quarter valued at approximately $173,000. 99.40% of the stock is currently owned by hedge funds and other institutional investors.

Sabra Health Care REIT Stock Down 1.6 %

Shares of SBRA opened at $17.33 on Friday. The company has a current ratio of 4.32, a quick ratio of 4.16 and a debt-to-equity ratio of 0.88. The stock’s 50 day moving average is $16.77 and its two-hundred day moving average is $17.67. The firm has a market cap of $4.12 billion, a P/E ratio of 32.70, a PEG ratio of 1.97 and a beta of 1.27. Sabra Health Care REIT, Inc. has a 12 month low of $13.31 and a 12 month high of $20.03.

Sabra Health Care REIT (NASDAQ:SBRA) last issued its quarterly earnings results on Wednesday, February 19th. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.36. The firm had revenue of $182.35 million for the quarter, compared to analyst estimates of $178.01 million. Sabra Health Care REIT had a return on equity of 4.60% and a net margin of 18.02%. Analysts predict that Sabra Health Care REIT, Inc. will post 1.45 earnings per share for the current fiscal year.

Sabra Health Care REIT Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 6.92%. The ex-dividend date was Friday, February 14th. Sabra Health Care REIT’s dividend payout ratio is presently 226.42%.

Analyst Ratings Changes

SBRA has been the subject of several recent research reports. Citizens Jmp upgraded Sabra Health Care REIT from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 7th. Truist Financial lifted their price target on Sabra Health Care REIT from $17.00 to $18.00 and gave the company a “hold” rating in a research report on Tuesday. Mizuho reiterated a “neutral” rating and set a $20.00 price target on shares of Sabra Health Care REIT in a research report on Thursday, December 5th. Finally, JMP Securities raised Sabra Health Care REIT from a “market perform” rating to an “outperform” rating and set a $20.00 price objective on the stock in a report on Tuesday, January 7th. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $19.33.

Sabra Health Care REIT 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.