Nomura Holdings Inc. Takes $988,000 Position in Sabra Health Care REIT, Inc. (NASDAQ:SBRA)

Nomura Holdings Inc. purchased a new stake in shares of Sabra Health Care REIT, Inc. (NASDAQ:SBRA) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 57,026 shares of the real estate investment trust’s stock, valued at approximately $988,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. VSM Wealth Advisory LLC acquired a new position in Sabra Health Care REIT in the 4th quarter valued at approximately $26,000. Assetmark Inc. increased its stake in Sabra Health Care REIT by 33.4% in the 4th quarter. Assetmark Inc. now owns 2,618 shares of the real estate investment trust’s stock valued at $45,000 after buying an additional 656 shares during the period. Jones Financial Companies Lllp increased its stake in shares of Sabra Health Care REIT by 208.3% in the fourth quarter. Jones Financial Companies Lllp now owns 6,222 shares of the real estate investment trust’s stock worth $108,000 after acquiring an additional 4,204 shares during the last quarter. FIL Ltd increased its stake in shares of Sabra Health Care REIT by 40.4% in the fourth quarter. FIL Ltd now owns 6,512 shares of the real estate investment trust’s stock worth $113,000 after acquiring an additional 1,873 shares during the last quarter. Finally, Autumn Glory Partners LLC acquired a new position in shares of Sabra Health Care REIT in the fourth quarter worth $173,000. Hedge funds and other institutional investors own 99.40% of the company’s stock.

Sabra Health Care REIT Trading Up 1.3%

Sabra Health Care REIT stock opened at $18.10 on Tuesday. The company has a debt-to-equity ratio of 0.88, a current ratio of 4.32 and a quick ratio of 4.16. The company has a market capitalization of $4.31 billion, a price-to-earnings ratio of 34.15, a PEG ratio of 1.97 and a beta of 0.88. Sabra Health Care REIT, Inc. has a one year low of $13.87 and a one year high of $20.03. The company’s fifty day moving average price is $17.52 and its two-hundred day moving average price is $17.41.

Sabra Health Care REIT (NASDAQ:SBRA) last issued its quarterly earnings data on Monday, May 5th. The real estate investment trust reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.01. The business had revenue of $183.54 million for the quarter, compared to analyst estimates of $180.23 million. Sabra Health Care REIT had a return on equity of 4.60% and a net margin of 18.02%. The firm’s revenue for the quarter was up 10.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.35 EPS. On average, analysts forecast 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 business also recently declared a quarterly dividend, which will be paid on Friday, May 30th. Shareholders of record on Friday, May 16th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, May 16th. This represents a $1.20 annualized dividend and a yield of 6.63%. Sabra Health Care REIT’s dividend payout ratio (DPR) is presently 203.39%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on SBRA shares. Scotiabank upped their price target on shares of Sabra Health Care REIT from $18.00 to $19.00 and gave the stock a “sector perform” rating in a research note on Monday, May 12th. Truist Financial upped their target price on Sabra Health Care REIT from $17.00 to $18.00 and gave the stock a “hold” rating in a research report on Tuesday, March 18th. Three equities research 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. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $19.50.

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.