Sabra Healthcare REIT, Inc. (NASDAQ:SBRA)‘s stock had its “buy” rating restated by equities research analysts at SunTrust Banks, Inc. in a research report issued to clients and investors on Friday. They currently have a $25.00 target price on the real estate investment trust’s stock. SunTrust Banks, Inc.’s price objective would suggest a potential upside of 29.33% from the company’s previous close.

A number of other equities analysts also recently issued reports on SBRA. Jefferies Group LLC restated a “hold” rating and set a $25.00 price objective (down from $28.00) on shares of Sabra Healthcare REIT in a research report on Sunday, July 9th. Mizuho downgraded Sabra Healthcare REIT from a “neutral” rating to an “underperform” rating and lowered their price objective for the stock from $25.00 to $23.00 in a research report on Monday, July 10th. Zacks Investment Research upgraded Sabra Healthcare REIT from a “sell” rating to a “hold” rating in a research report on Tuesday, July 11th. BidaskClub downgraded Sabra Healthcare REIT from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. Finally, Stifel Nicolaus restated a “hold” rating and set a $26.00 price objective on shares of Sabra Healthcare REIT in a research report on Friday, July 28th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the stock. Sabra Healthcare REIT has an average rating of “Hold” and a consensus price target of $24.40.

Sabra Healthcare REIT (SBRA) opened at $19.33 on Friday. Sabra Healthcare REIT has a twelve month low of $19.16 and a twelve month high of $29.10. The stock has a market capitalization of $3.45 billion, a PE ratio of 8.61, a P/E/G ratio of 2.56 and a beta of 0.94. The company has a quick ratio of 3.15, a current ratio of 1.66 and a debt-to-equity ratio of 0.89.

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A number of institutional investors have recently made changes to their positions in SBRA. OppenheimerFunds Inc. acquired a new stake in Sabra Healthcare REIT in the first quarter valued at approximately $234,000. Teachers Advisors LLC grew its stake in Sabra Healthcare REIT by 0.7% in the first quarter. Teachers Advisors LLC now owns 744,069 shares of the real estate investment trust’s stock valued at $20,782,000 after acquiring an additional 5,353 shares during the period. Dimensional Fund Advisors LP grew its stake in Sabra Healthcare REIT by 3.5% in the first quarter. Dimensional Fund Advisors LP now owns 919,088 shares of the real estate investment trust’s stock valued at $25,669,000 after acquiring an additional 30,841 shares during the period. BlackRock Inc. grew its stake in Sabra Healthcare REIT by 9,246.7% in the first quarter. BlackRock Inc. now owns 9,293,011 shares of the real estate investment trust’s stock valued at $259,556,000 after acquiring an additional 9,193,585 shares during the period. Finally, Bank of America Corp DE grew its stake in Sabra Healthcare REIT by 3.6% in the first quarter. Bank of America Corp DE now owns 274,416 shares of the real estate investment trust’s stock valued at $7,665,000 after acquiring an additional 9,436 shares during the period. 99.26% of the stock is owned by hedge funds and other institutional investors.

About Sabra Healthcare REIT

Sabra Health Care REIT, Inc is a real estate investment trust. The Company, through its subsidiaries, owns and invests in real estate serving the healthcare industry. The Company’s segment includes investments in healthcare-related real estate properties. The Company’s primary business consists of acquiring, financing and owning real estate property to be leased to third-party tenants in the healthcare sector.

Analyst Recommendations for Sabra Healthcare REIT (NASDAQ:SBRA)

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