Sabra Healthcare REIT, Inc. $SBRA Shares Acquired by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in shares of Sabra Healthcare REIT, Inc. (NASDAQ:SBRA) by 25.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 175,317 shares of the real estate investment trust’s stock after buying an additional 35,714 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned about 0.07% of Sabra Healthcare REIT worth $3,371,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Sumitomo Mitsui Trust Group Inc. grew its stake in shares of Sabra Healthcare REIT by 6.8% during the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,208,600 shares of the real estate investment trust’s stock worth $61,701,000 after purchasing an additional 203,226 shares in the last quarter. Resona Asset Management Co. Ltd. lifted its holdings in Sabra Healthcare REIT by 5.6% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 110,517 shares of the real estate investment trust’s stock worth $2,147,000 after buying an additional 5,852 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its position in shares of Sabra Healthcare REIT by 4.4% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 51,685 shares of the real estate investment trust’s stock worth $994,000 after acquiring an additional 2,200 shares in the last quarter. QRG Capital Management Inc. boosted its position in shares of Sabra Healthcare REIT by 33.1% during the 1st quarter. QRG Capital Management Inc. now owns 52,338 shares of the real estate investment trust’s stock worth $1,006,000 after acquiring an additional 13,009 shares in the last quarter. Finally, Private Advisor Group LLC increased its holdings in shares of Sabra Healthcare REIT by 5.2% in the 1st quarter. Private Advisor Group LLC now owns 39,587 shares of the real estate investment trust’s stock valued at $761,000 after acquiring an additional 1,951 shares during the last quarter. 99.40% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have commented on SBRA. Cantor Fitzgerald increased their price target on shares of Sabra Healthcare REIT from $21.00 to $22.00 and gave the company a “neutral” rating in a research note on Monday, May 11th. Wells Fargo & Company boosted their price objective on shares of Sabra Healthcare REIT from $22.00 to $23.00 and gave the stock an “overweight” rating in a research report on Monday, June 1st. Weiss Ratings cut shares of Sabra Healthcare REIT from a “buy (b+)” rating to a “buy (b)” rating in a report on Thursday, June 4th. Scotiabank dropped their target price on shares of Sabra Healthcare REIT from $22.00 to $19.00 and set a “sector perform” rating on the stock in a research report on Thursday, June 18th. Finally, Truist Financial raised shares of Sabra Healthcare REIT from a “hold” rating to a “buy” rating and set a $22.00 target price on the stock in a research report on Wednesday, July 8th. Five research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $21.45.

Sabra Healthcare REIT Stock Down 1.2%

Shares of NASDAQ:SBRA opened at $19.52 on Thursday. Sabra Healthcare REIT, Inc. has a 1-year low of $17.17 and a 1-year high of $21.28. The company has a debt-to-equity ratio of 0.96, a current ratio of 4.72 and a quick ratio of 4.72. The stock has a market cap of $4.92 billion, a P/E ratio of 30.98, a P/E/G ratio of 1.47 and a beta of 0.65. The firm has a fifty day moving average price of $19.62 and a 200 day moving average price of $19.73.

Sabra Healthcare REIT (NASDAQ:SBRA) last announced its earnings results on Wednesday, April 29th. The real estate investment trust reported $0.16 earnings per share for the quarter, hitting the consensus estimate of $0.16. Sabra Healthcare REIT had a net margin of 19.22% and a return on equity of 5.60%. The business had revenue of $211.74 million during the quarter, compared to the consensus estimate of $209.20 million. During the same quarter in the prior year, the firm earned $0.37 earnings per share. The business’s quarterly revenue was up 20.9% compared to the same quarter last year. Sabra Healthcare REIT has set its FY 2026 guidance at 1.550-1.590 EPS. Sell-side analysts predict that Sabra Healthcare REIT, Inc. will post 1.5 EPS for the current year.

Sabra Healthcare REIT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 15th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend was Friday, May 15th. Sabra Healthcare REIT’s dividend payout ratio (DPR) is presently 190.48%.

About Sabra Healthcare REIT

Sabra Healthcare REIT, Inc (NASDAQ: SBRA) is a real estate investment trust that acquires, owns and operates net‐lease healthcare properties. Its diversified portfolio spans senior housing communities, skilled nursing and rehabilitation centers, outpatient medical facilities, medical office buildings, hospitals and life science properties. Sabra structures long‐term, triple‐net lease agreements with healthcare operators, providing stable rental income streams while allowing tenants to focus on patient care and operational excellence.

Serving a broad spectrum of care segments, Sabra’s tenants include both regional and national providers of assisted living, independent living, memory care, post‐acute rehabilitation and research and development laboratories.