BlackRock Inc. now owns 9,293,011 shares of the real estate investment trust's stock worth $259,556,000 after buying an additional 9,193,585 shares during the period. State Street Corp owned about 2.62% of Sabra Healthcare REIT worth $47,775,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 99.26% of the company's stock. LSV Asset Management raised its stake in shares of Sabra Healthcare REIT by 45.5% in the first quarter. Russell Investments Group Ltd. bought a new position in shares of Sabra Healthcare REIT during the fourth quarter worth approximately $120,000. Bank of Montreal Can now owns 3,893 shares of the real estate investment trust's stock worth $109,000 after buying an additional 1,191 shares during the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Sabra Healthcare REIT by 6.3% in the first quarter. Alliancebernstein L.P. now owns 722,769 shares of the real estate investment trust's stock valued at $20,187,000 after buying an additional 459,547 shares during the last quarter. BlackRock Inc. raised its stake in shares of Sabra Healthcare REIT by 9,246.7% in the first quarter. Albert D Mason Inc. now owns 29,595 shares of the real estate investment trust's stock worth $827,000 after buying an additional 315 shares during the period. They now have $23.00 price target on the real estate investment trust's stock, down from their previous price target of $25.00.
Ventas, Inc. has a 52 week low of $56.20 and a 52 week high of $74.67. (NASDAQ:SBRA) from a neutral rating to an underperform rating in a report released on Monday, July 10th, Marketbeat.com reports.
In the market the company is trading down by -1.15 percent from yesterday's close. The firm's 50-day moving average is $67.88 and its 200 day moving average is $65.25. Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) traded down 2.14% during midday trading on Friday, hitting $21.45. Next quarter's EPS is estimated at $0.44 with next year's EPS projected to be $1.79. The company had revenue of $62.65 million for the quarter, compared to the consensus estimate of $63.47 million. The firm's revenue for the quarter was up 5.6% compared to the same quarter past year. Sabra Healthcare REIT, Inc.
Several other institutional investors have also made changes to their positions in SBRA. Investors of record on Wednesday, August 16th will be paid a dividend of $0.3599 per share. The ex-dividend date was Wednesday the 7th of June 2017. Sabra Healthcare REIT's dividend payout ratio (DPR) is presently 145.76%.
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SBRA has been the topic of a number of analyst reports. Cantor Fitzgerald reissued a "buy" rating and issued a $30.00 target price on shares of Sabra Healthcare REIT in a research report on Monday, May 8th. Finally, Canaccord Genuity reiterated a "hold" rating and issued a $26.00 price target on shares of Sabra Healthcare REIT in a research report on Tuesday, May 9th. They issued a "hold" rating and a $67.00 price target for the company. BidaskClub downgraded Sabra Healthcare REIT from a "hold" rating to a "sell" rating in a research report on Thursday, July 13th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the stock.
In addition to Mizuho reporting its stock price target, a total of 10 brokers have issued a report on the company.
Ventas, Inc is a real estate investment trust (REIT) with its properties located throughout the United States, Canada and the United Kingdom. The Company leases its properties to unaffiliated tenants under long-term triple-net leases, pursuant to which the tenants are obligated to pay all property-related expenses, including maintenance, utilities, repairs, taxes, insurance and capital expenditures.