Sabra Health Care Reit, Inc. (SBRA): Milton J Walters , director of Sabra Health Care Reit, Inc. sold 2,000 shares on Jun 6, 2016. The Insider selling transaction was reported by the company on Jun 8, 2016 to the Securities and Exchange Commission. The shares were sold at $22.04 per share for a total value of $44,080.00 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 9, 2015, Michael J Foster (director) purchased 5,000 shares at $19.86 per share price.On Nov 13, 2015, Milton J Walters (director) purchased 2,500 shares at $19.80 per share price.Also, On Nov 12, 2015, Harold W. Jr. Andrews (CFO) purchased 6,600 shares at $19.07 per share price.On Jun 16, 2015, Robert A. Ettl (director) purchased 2,000 shares at $25.49 per share price.
Sabra Health Care REIT Inc: On Tuesday, Jun 7, 2016 heightened volatility was witnessed in Sabra Health Care REIT Inc which led to swings in the share price. The shares opened for trading at $22.1 and hit $22.28 on the upside , eventually ending the session at $22.16, with a gain of 0.68% or 0.15 points. The heightened volatility saw the trading volume jump to 2,60,098 shares. The 52-week high of the share price is $27.66 and the company has a market cap of $1,446 M . The 52-week low of the share price is at $14.92.
Company has been under the radar of several Street Analysts.Sabra Health Care REIT Inc is Upgraded by SunTrust to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Jun 1, 2016.Sabra Health Care REIT Inc is Downgraded by Mizuho to Neutral while Lowering the Price Target of the company shares to $ 20 from a previous price target of $25 . Earlier the firm had a rating of Buy on the company shares. The Rating was issued on May 19, 2016.Sabra Health Care REIT Inc is Downgraded by Raymond James to Mkt Perform. Earlier the firm had a rating of Outperform on the company shares. The Rating was issued on Apr 12, 2016.
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.