Sumitomo Mitsui Trust Group Inc. Increases Stock Position in Sabra Healthcare REIT, Inc. $SBRA
Sumitomo Mitsui Trust Group Inc. has increased its stake in Sabra Healthcare REIT, Inc. by 6.8% in the first quarter, now holding 3.21 million shares valued at approximately $61.7 million. Despite recent analyst downgrades leading to a consensus "Hold" rating and an average price target of $21.45, other institutional investors have also adjusted their positions in the healthcare REIT. Sabra Healthcare REIT reported quarterly EPS of $0.16, meeting estimates, with revenue up 20.9% year-over-year, and issued a quarterly dividend of $0.30 per share.





























