Large Inflow of Money Witnessed in Sabra Healthcare REIT

Sabra Healthcare REIT (NASDAQ:SBRA) stock had a bullish inflow of $0.58 million worth of trades on uptick and an outflow of $0.41 million in downticks on Wednesday. The total uptick to downtick ratio stood at 1.42. The net money flow into the stock was $0.17 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $0.01 million. $0.01 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, Sabra Healthcare REIT (NASDAQ:SBRA) stock traded down $0.01 , and reached $20.36, a drop of -0.05% over the previous day. On a weekly basis, the stock is 1.34%, over the previous weeks close.


In an insider trading activity, The Securities and Exchange Commission has divulged that Walters Milton J, director of Sabra Health Care Reit, Inc., had unloaded 2,000 shares at an average price of $22.04 in a transaction dated on June 6, 2016. The total value of the transaction was worth $44,080. Currently the company Insiders own 2.3% of Sabra Healthcare REIT shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -7.68% . Institutional Investors own 89.51% of Sabra Healthcare REIT shares. During last six month period, the net percent change held by insiders has seen a change of -7.68%.

The company shares have dropped -21.65% from its 1 Year high price. On Aug 3, 2015, the shares registered one year high at $27.66 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $20.94 and the 200 Day Moving Average price is recorded at $20.02. Sabra Healthcare REIT (NASDAQ:SBRA): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $20.38 and $19.98 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $20.81. The buying momentum continued till the end and the stock did not give up its gains. It closed at $20.58, notching a gain of 1.03% for the day. The total traded volume was 465,797 . The stock had closed at $20.37 on the previous day.

Sabra Health Care REIT, Inc. (Sabra) is a self-administered, self-managed real estate investment trust (REIT). Through its subsidiaries, the Company owns and invests in real estate serving the healthcare industry. The Company is primarily engaged in leasing healthcare properties to tenants and operators throughout the United States. It has a diverse portfolio of healthcare investments in the United States that offers a range of services, including skilled nursing/transitional care, assisted and independent living, mental health and acute care. The Companys investment portfolio consists of approximately 160 real estate properties held for investment, including 103 nursing/post-acute facilities, 55 senior housing facilities and two acute care hospitals; over 14 investments in loans receivable, including four mortgage loans, three construction loans, two mezzanine loans and five pre-development loans, and over six preferred equity investments.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.