Jefferies Financial Group Inc. Purchases Shares of 20,091 Sabra Health Care REIT, Inc. (NASDAQ:SBRA)

Jefferies Financial Group Inc. purchased a new stake in shares of Sabra Health Care REIT, Inc. (NASDAQ:SBRA) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 20,091 shares of the real estate investment trust’s stock, valued at approximately $348,000.

Several other large investors have also added to or reduced their stakes in SBRA. VSM Wealth Advisory LLC purchased a new position in Sabra Health Care REIT during the fourth quarter valued at approximately $26,000. Assetmark Inc. lifted its holdings 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 purchasing an additional 656 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings 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 purchasing an additional 4,204 shares in the last quarter. FIL Ltd lifted its holdings in Sabra Health Care REIT by 40.4% during the fourth quarter. FIL Ltd now owns 6,512 shares of the real estate investment trust’s stock valued at $113,000 after purchasing an additional 1,873 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. Hedge funds and other institutional investors own 99.40% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Truist Financial lifted their price target on shares of Sabra Health Care REIT from $17.00 to $18.00 and gave the company a “hold” rating in a report on Tuesday, March 18th. Scotiabank upped their target price on shares of Sabra Health Care REIT from $18.00 to $19.00 and gave the stock a “sector perform” rating in a research report on Monday, May 12th. Three analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $19.50.

Sabra Health Care REIT Price Performance

Shares of NASDAQ:SBRA opened at $17.87 on Friday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 4.16 and a current ratio of 4.32. The firm has a fifty day moving average price of $17.49 and a 200 day moving average price of $17.43. Sabra Health Care REIT, Inc. has a fifty-two week low of $13.87 and a fifty-two week high of $20.03. The firm has a market cap of $4.25 billion, a price-to-earnings ratio of 33.72, a P/E/G ratio of 1.97 and a beta of 0.88.

Sabra Health Care REIT (NASDAQ:SBRA) last issued its earnings results on Monday, May 5th. The real estate investment trust reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.01. Sabra Health Care REIT had a net margin of 18.02% and a return on equity of 4.60%. The firm had revenue of $183.54 million during the quarter, compared to analyst estimates of $180.23 million. During the same quarter in the prior year, the business earned $0.35 earnings per share. Sabra Health Care REIT’s revenue for the quarter was up 10.1% on a year-over-year basis. As a group, sell-side analysts expect that Sabra Health Care REIT, Inc. will post 1.45 earnings per share for the current fiscal year.

Sabra Health Care REIT Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Friday, May 16th will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 6.72%. The ex-dividend date of this dividend is Friday, May 16th. Sabra Health Care REIT’s payout ratio is 203.39%.

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.