Signaturefd LLC Has $64,000 Stock Position in Sabra Health Care REIT, Inc. (NASDAQ:SBRA)

Signaturefd LLC grew its position in Sabra Health Care REIT, Inc. (NASDAQ:SBRA) by 71.2% in the 4th quarter, Holdings Channel reports. The institutional investor owned 4,468 shares of the real estate investment trust’s stock after purchasing an additional 1,858 shares during the period. Signaturefd LLC’s holdings in Sabra Health Care REIT were worth $64,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in SBRA. CWM LLC increased its stake in shares of Sabra Health Care REIT by 363.5% in the 3rd quarter. CWM LLC now owns 1,780 shares of the real estate investment trust’s stock valued at $25,000 after buying an additional 1,396 shares during the period. Tennessee Valley Asset Management Partners acquired a new stake in shares of Sabra Health Care REIT during the fourth quarter worth $25,000. Headlands Technologies LLC acquired a new stake in shares of Sabra Health Care REIT during the third quarter worth $48,000. International Assets Investment Management LLC grew its stake in shares of Sabra Health Care REIT by 748.0% during the fourth quarter. International Assets Investment Management LLC now owns 4,681 shares of the real estate investment trust’s stock worth $67,000 after purchasing an additional 4,129 shares during the period. Finally, Annis Gardner Whiting Capital Advisors LLC acquired a new stake in shares of Sabra Health Care REIT during the third quarter worth $98,000. 99.40% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently commented on SBRA. Mizuho lifted their price objective on Sabra Health Care REIT from $15.00 to $17.00 and gave the stock a “buy” rating in a research note on Wednesday, January 3rd. Wedbush reaffirmed an “outperform” rating and set a $17.00 price objective on shares of Sabra Health Care REIT in a research note on Thursday, February 29th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Sabra Health Care REIT in a research note on Tuesday, January 30th. They set a “buy” rating and a $21.00 price objective for the company. Five investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s 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 $15.77.

Sabra Health Care REIT Stock Performance

SBRA stock opened at $13.93 on Thursday. The business’s 50-day moving average price is $14.07 and its two-hundred day moving average price is $14.03. The company has a current ratio of 3.41, a quick ratio of 3.41 and a debt-to-equity ratio of 0.86. The firm has a market cap of $3.22 billion, a PE ratio of 278.60, a P/E/G ratio of 5.09 and a beta of 1.16. Sabra Health Care REIT, Inc. has a 1-year low of $10.30 and a 1-year high of $14.91.

Sabra Health Care REIT Profile

As of September 30, 2023, Sabra's investment portfolio included 377 real estate properties held for investment (consisting of (i) 240 Skilled Nursing/Transitional Care facilities, (ii) 43 senior housing communities (Senior Housing – Leased), (iii) 61 senior housing communities operated by third-party property managers pursuant to property management agreements (Senior Housing – Managed), (iv) 18 Behavioral Health facilities and (v) 15 Specialty Hospitals and Other facilities), 12 investments in loans receivable (consisting of two mortgage loans and 10 other loans), five preferred equity investments and two investments in unconsolidated joint ventures.