Hudson Bay Capital Management LP Cut Sabra Health Care Reit INC (SBRA) Position by $4.95 Million as Share Value Declined

Investors sentiment increased to 1.17 in Q3 2018. Its up 0.14, from 1.03 in 2018Q2. It increased, as 30 investors sold SBRA shares while 84 reduced holdings. 52 funds opened positions while 81 raised stakes. 158.92 million shares or 1.61% more from 156.41 million shares in 2018Q2 were reported. Nelson Van Denburg And Campbell Wealth Mngmt Llc stated it has 0% of its portfolio in Sabra Health Care REIT, Inc. (NASDAQ:SBRA). Comerica Bancshares, Michigan-based fund reported 361,893 shares. Signaturefd Ltd Limited Liability Company accumulated 2,966 shares. Millennium Limited Liability Company has invested 0.03% in Sabra Health Care REIT, Inc. (NASDAQ:SBRA). Martingale Asset Management Ltd Partnership holds 42,408 shares. Pinebridge Investments Ltd Partnership holds 0% or 2,360 shares. Commonwealth Of Pennsylvania School Empls Retrmt Systems holds 36,222 shares. 36,000 were reported by Employees Retirement Systems Of Texas. Hanson Mcclain holds 63 shares. Quantitative Ltd Llc owns 29,400 shares. Advsrs Asset holds 0.01% or 22,563 shares in its portfolio. Bnp Paribas Arbitrage has invested 0% of its portfolio in Sabra Health Care REIT, Inc. (NASDAQ:SBRA). Teachers & Annuity Association Of America reported 228,015 shares or 0.4% of all its holdings. Lpl Financial Ltd Llc reported 186,633 shares or 0.01% of all its holdings. Moreover, Sumitomo Mitsui Asset Management has 0.06% invested in Sabra Health Care REIT, Inc. (NASDAQ:SBRA) for 169,638 shares.

Hudson Bay Capital Management Lp decreased its stake in Sabra Health Care Reit Inc (SBRA) by 21.62% based on its latest 2018Q3 regulatory filing with the SEC. Hudson Bay Capital Management Lp sold 235,642 shares as the company’s stock declined 18.67% with the market. The hedge fund held 854,358 shares of the consumer services company at the end of 2018Q3, valued at $18.75 million, down from 1.09M at the end of the previous reported quarter. Hudson Bay Capital Management Lp who had been investing in Sabra Health Care Reit Inc for a number of months, seems to be less bullish one the $3.18B market cap company. The stock decreased 2.08% or $0.38 during the last trading session, reaching $17.85. About 378,406 shares traded. Sabra Health Care REIT, Inc. (NASDAQ:SBRA) has declined 0.73% since January 14, 2018 and is downtrending. It has underperformed by 0.73% the S&P500.

Hudson Bay Capital Management Lp, which manages about $4.18 billion and $4.02B US Long portfolio, upped its stake in T (NYSE:TMUS) by 326,000 shares to 376,000 shares, valued at $23.18M in 2018Q3, according to the filing. It also increased its holding in Altaba Inc by 835,526 shares in the quarter, for a total of 3.78 million shares, and has risen its stake in Global Blood Therapeutics In.

Analysts await Sabra Health Care REIT, Inc. (NASDAQ:SBRA) to report earnings on February, 20. They expect $0.47 EPS, down 28.79 % or $0.19 from last year’s $0.66 per share. SBRA’s profit will be $83.78 million for 9.49 P/E if the $0.47 EPS becomes a reality. After $0.55 actual EPS reported by Sabra Health Care REIT, Inc. for the previous quarter, Wall Street now forecasts -14.55 % negative EPS growth.

More notable recent Sabra Health Care REIT, Inc. (NASDAQ:SBRA) news were published by: Seekingalpha.com which released: “Sabra Health Care REIT sinks 3.2% after cutting guidance on lease termination – Seeking Alpha” on November 05, 2018, also Benzinga.com with their article: “Raymond James Picks Welltower (NYSE:WELL), Sabra Health (NASDAQ:SBRA) In Underweighted Health Care REIT Sector – Benzinga” published on May 21, 2018, Globenewswire.com published: “Sabra Reports Third Quarter 2018 Results and Continued Improvement in Skilled Nursing Occupancy, Skilled Mix and Senior Housing – Managed Portfolio Occupancy; Updates 2018 Guidance – GlobeNewswire” on November 05, 2018. More interesting news about Sabra Health Care REIT, Inc. (NASDAQ:SBRA) were released by: Globenewswire.com and their article: “Sabra and Care Capital Properties Complete Merger – GlobeNewswire” published on August 17, 2017 as well as Seekingalpha.com‘s news article titled: “Sabra Health Care REIT Presents Bank of America Merrill Lynch Real Estate Conference, Sept. 25 2018 – Seeking Alpha” with publication date: September 26, 2018.

Sabra Health Care REIT, Inc. (NASDAQ:SBRA) Ratings Coverage

Among 4 analysts covering Sabra Health Care REIT (NASDAQ:SBRA), 0 have Buy rating, 1 Sell and 3 Hold. Therefore 0 are positive. Sabra Health Care REIT had 5 analyst reports since August 17, 2018 according to SRatingsIntel. The rating was downgraded by Bank of America to “Underperform” on Friday, November 16. The firm earned “Market Perform” rating on Friday, November 16 by Raymond James. The rating was maintained by Raymond James on Friday, August 17 with “Outperform”. The firm has “Neutral” rating by Mizuho given on Tuesday, November 13.

Sabra Health Care REIT, Inc. (NASDAQ:SBRA) Institutional Positions Chart

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