Sabra REIT (NASDAQ:SBRA).
Raymond James & Associates increased its ownership in Sabra REIT by 12,549 shares in its quarterly SEC filing. Its stake stood at $23,166,000 a decrease of $1,978,000 according to the filing.
Here are a few institutional investors who have updated their positions. As of quarter end Ubs Asset Management Americas Inc had acquired 1,775 shares growing its stake by 4,437.5%. The value of the investment in (SBRA) increased from $964,000 to $39,821,000 increasing 4,030.8% for the reporting period. As of the end of the quarter Dimensional Fund Advisors Lp had bought a total of 1,450,287 shares growing its holdings by 151.8%. The value of the investment in Sabra REIT went from $23,019,000 to $52,774,000 a change of 129.3% quarter over quarter.
Raymond James & Associates augmented its holdings by buying 12,549 shares an increase of 1.2%. Raymond James & Associates currently owns 1,055,882 shares valued at $23,166,000. The total value of its holdings decreased 7.9%. Raymond James & Associates added to its investment by buying 12,549 shares an increase of 1.2% in the quarter. Raymond James & Associates now holds 1,055,882 shares with a value of $23,166,000. The value of the position overall is down by 7.9%.
As of the end of the quarter Lsv Asset Management had bought 287,775 shares growing its position 9.5%. The value of the company’s investment in Sabra REIT went from $72,780,000 to $72,571,000 a change of $209,000 since the last quarter.
On November 3 SunTrust Banks kept the company rating at “Buy” projecting a price of $25.00. November 3 investment analysts at Stifel Nicolaus made no change to the stock rating of “Hold” targeting a price of $22.00.
On October 9 SunTrust Banks left the stock rating at “Buy” with a current price target of $30.00. On October 4 Mizuho maintained a company rating of “Hold” with a current price target of $23.00.
September 28 investment analysts at Cantor Fitzgerald kept the stock rating at “Buy” targeting a price of $30.00. September 27 investment analysts at Jefferies Group LLC made no change to the company rating of “Buy” with a current price target of $24.00.
The company is down by 0.79% percent from yesterday’s close. The P/E ratio is currently 24.24 and market capitalization is 3.36B. As of the latest earnings report the EPS was $0.78 with 178.23M shares presently outstanding.
Investors are feeling more bearish on shares of the company recently if you put credence in the uptick in short interest. The stock realized a rise in short interest from September 29, 2017 to October 13, 2017 of 1.05%. Short interest grew from 6,934,769 to 7,007,903 over that timeframe. Days to cover increased 3.0 to 5.0 and the percentage of shorted shares is 0.04% as of October 13.