Sabra Health Care Reit (SBRA) Stock Rose While Forward Management Trimmed Stake; As Netease (Put) (NTES) Share Value Declined, Nine Masts Capital LTD Has Decreased Position

June 14, 2018 - By Winifred Garcia

Chao Ku decreased its stake in Netease Inc (Put) (NTES) by 50.98% based on its latest 2018Q1 regulatory filing with the SEC. Nine Masts Capital Ltd sold 494 shares as the company’s stock declined 25.93% with the market. The hedge fund run by Chao Ku held 475 shares of the miscellaneous company at the end of 2018Q1, valued at $988,000, down from 969 at the end of the previous reported quarter. Nine Masts Capital Ltd who had been investing in Netease Inc (Put) for a number of months, seems to be less bullish one the $33.25B market cap company. The stock decreased 0.79% or $2.02 during the last trading session, reaching $253.19. About 459,598 shares traded. NetEase, Inc. (NASDAQ:NTES) has declined 22.10% since June 14, 2017 and is downtrending. It has underperformed by 34.67% the S&P500. Some Historical NTES News: 04/05/2018 – NetEase Cloud Music and Big Hit Entertainment team up to launch BTS’ song catalog; 17/05/2018 – ADRs End Mostly Lower; NetEase Trades Actively; 16/05/2018 – NETEASE 1Q ADJ EARNINGS PER ADS $1.61, EST. $2.15; 16/03/2018 – Merlin Network agrees non-exclusive music licensing with NetEase, Alibaba and Tencent; 27/03/2018 – China’s internet tiger NetEase aims to make retail as big as games; 16/05/2018 – NETEASE 1Q REV. $2.26B, EST. $2.20B; 13/03/2018 – NETEASE CLOUD MUSIC – ALIMUSIC TO SUBLICENSE PREMIER MUSIC COPYRIGHTS OWNED BY ROCK RECORDS CO., SM ENTERTAINMENT, BMG, OTHERS TO CO; 15/03/2018 – Anna Nicolaou: scoop: the top indie record labels are going to stream in china. Merlin struck a deal with 5 services, owned by; 23/05/2018 – Caixin: Baidu, NetEase Join Queue for Issuing CDRs; 15/05/2018 – Chinese cross-border e-commerce operator NetEase Kaola facilitates sales of made in Japan products in China

Forward Management Llc decreased its stake in Sabra Health Care Reit Inc (SBRA) by 19.33% based on its latest 2018Q1 regulatory filing with the SEC. Forward Management Llc sold 279,400 shares as the company’s stock rose 16.71% while stock markets declined. The institutional investor held 1.17 million shares of the consumer services company at the end of 2018Q1, valued at $20.58 million, down from 1.45 million at the end of the previous reported quarter. Forward Management Llc who had been investing in Sabra Health Care Reit Inc for a number of months, seems to be less bullish one the $3.82 billion market cap company. The stock increased 1.66% or $0.35 during the last trading session, reaching $21.42. About 290,710 shares traded. Sabra Health Care REIT, Inc. (NASDAQ:SBRA) has declined 14.08% since June 14, 2017 and is downtrending. It has underperformed by 26.65% the S&P500. Some Historical SBRA News: 12/03/2018 – Sabra Creative Campaign Gives Consumers Something To Sing About; 06/03/2018 Sabra Dipping Company Brings New Mediterranean Bean Dips to Market; 09/05/2018 – Sabra Healthcare REIT 1Q Rev $166.1M; 19/04/2018 – DJ Sabra Health Care REIT Inc, Inst Holders, 1Q 2018 (SBRA); 09/05/2018 – SABRA HEALTH CARE REIT INC SEES 2018 AFFO SHR ATTRIBUTABLE TO COMMON STOCKHOLDERS $2.28 – $2.36; 09/05/2018 – SABRA HEALTH CARE REIT INC QTRLY NORMALIZED FFO PER DILUTED COMMON SHARE $0.63; 09/05/2018 – SABRA HEALTH CARE REIT INC SEES 2018 FFO SHR ATTRIBUTABLE TO COMMON STOCKHOLDERS $2.48 – $2.56; 09/05/2018 – Sabra Healthcare REIT Had Seen 2018 EPS $2.16-$2.24; 09/05/2018 – Sabra Healthcare REIT Had Seen 2018 FFO/Share $2.31-$2.39; 09/05/2018 – SABRA HEALTH CARE REIT INC SEES 2018 NORMALIZED AFFO SHR ATTRIBUTABLE TO COMMON STOCKHOLDERS $2.27 – $2.35

Analysts await Sabra Health Care REIT, Inc. (NASDAQ:SBRA) to report earnings on August, 1. They expect $0.64 earnings per share, up 20.75% or $0.11 from last year’s $0.53 per share. SBRA’s profit will be $114.11M for 8.37 P/E if the $0.64 EPS becomes a reality. After $0.63 actual earnings per share reported by Sabra Health Care REIT, Inc. for the previous quarter, Wall Street now forecasts 1.59% EPS growth.

Forward Management Llc, which manages about $5.17B and $685.53 million US Long portfolio, upped its stake in Grupo Aeroportuario Ctr Nort (NASDAQ:OMAB) by 31,280 shares to 31,590 shares, valued at $1.25 million in 2018Q1, according to the filing. It also increased its holding in Prologis Inc (NYSE:PLD) by 30,788 shares in the quarter, for a total of 41,380 shares, and has risen its stake in Vanguard World Fds (VGT).

Among 15 analysts covering Sabra Health Care REIT (NASDAQ:SBRA), 8 have Buy rating, 1 Sell and 6 Hold. Therefore 53% are positive. Sabra Health Care REIT had 55 analyst reports since July 21, 2015 according to SRatingsIntel. Stifel Nicolaus downgraded the stock to “Hold” rating in Monday, November 16 report. The firm has “Neutral” rating given on Wednesday, August 17 by Citigroup. The stock of Sabra Health Care REIT, Inc. (NASDAQ:SBRA) has “Buy” rating given on Monday, September 18 by Jefferies. JMP Securities maintained Sabra Health Care REIT, Inc. (NASDAQ:SBRA) on Monday, June 11 with “Market Outperform” rating. RBC Capital Markets downgraded the shares of SBRA in report on Monday, November 2 to “Underperform” rating. The stock of Sabra Health Care REIT, Inc. (NASDAQ:SBRA) has “Hold” rating given on Friday, July 7 by Jefferies. Cantor Fitzgerald maintained Sabra Health Care REIT, Inc. (NASDAQ:SBRA) rating on Friday, May 11. Cantor Fitzgerald has “Buy” rating and $2500 target. Jefferies maintained the shares of SBRA in report on Monday, August 14 with “Hold” rating. Cantor Fitzgerald maintained it with “Buy” rating and $3000 target in Monday, June 12 report. SunTrust maintained the shares of SBRA in report on Monday, January 22 with “Buy” rating.

Since March 22, 2018, it had 0 insider buys, and 1 insider sale for $10,416 activity.

More notable recent Sabra Health Care REIT, Inc. (NASDAQ:SBRA) news were published by: Seekingalpha.com which released: “If I Had To Build An Income Portfolio Today – Last Update” on June 04, 2018, also Seekingalpha.com with their article: “Premarket analyst action – healthcare” published on May 21, 2018, Benzinga.com published: “Raymond James Picks Welltower, Sabra Health In Underweighted Health Care REIT Sector” on May 21, 2018. More interesting news about Sabra Health Care REIT, Inc. (NASDAQ:SBRA) were released by: Nasdaq.com and their article: “Detailed Research: Economic Perspectives on Dorchester Minerals, MEDIFAST INC, Sabra Healthcare REIT …” published on May 30, 2018 as well as Seekingalpha.com‘s news article titled: “Sabra Healthcare: Dealing With Challenges” with publication date: June 05, 2018.

Investors sentiment increased to 1.04 in 2018 Q1. Its up 0.10, from 0.94 in 2017Q4. It is positive, as 36 investors sold SBRA shares while 91 reduced holdings. 40 funds opened positions while 92 raised stakes. 151.60 million shares or 0.18% less from 151.88 million shares in 2017Q4 were reported. Axa owns 0.04% invested in Sabra Health Care REIT, Inc. (NASDAQ:SBRA) for 530,343 shares. Svcs Automobile Association has 0% invested in Sabra Health Care REIT, Inc. (NASDAQ:SBRA) for 27,219 shares. Rhumbline Advisers holds 0.01% of its portfolio in Sabra Health Care REIT, Inc. (NASDAQ:SBRA) for 351,361 shares. Ing Groep Nv stated it has 0.01% in Sabra Health Care REIT, Inc. (NASDAQ:SBRA). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Mngmt holds 0.02% of its portfolio in Sabra Health Care REIT, Inc. (NASDAQ:SBRA) for 120,050 shares. Zebra Cap Mngmt Ltd Liability Company has 36,146 shares. Synovus Fincl has 0% invested in Sabra Health Care REIT, Inc. (NASDAQ:SBRA). Loomis Sayles And LP reported 0.01% stake. Mason Street Advsr holds 0.04% or 89,520 shares. Profund Advisors Limited Company stated it has 24,306 shares. Moreover, River Road Asset Management Limited Liability Corporation has 0.74% invested in Sabra Health Care REIT, Inc. (NASDAQ:SBRA) for 2.05M shares. Oregon Public Employees Retirement Fund accumulated 66,321 shares. 39,481 are held by Teacher Retirement Sys Of Texas. New Mexico Educational Retirement Board invested in 49,100 shares. Aperio Group Incorporated Ltd Liability Company holds 45,360 shares or 0% of its portfolio.

Among 20 analysts covering NetEase (NASDAQ:NTES), 13 have Buy rating, 4 Sell and 3 Hold. Therefore 65% are positive. NetEase had 48 analyst reports since August 12, 2015 according to SRatingsIntel. Jefferies maintained the stock with “Buy” rating in Monday, July 17 report. The stock of NetEase, Inc. (NASDAQ:NTES) has “Overweight” rating given on Thursday, February 25 by JP Morgan. The company was upgraded on Wednesday, August 12 by Vetr. On Wednesday, June 7 the stock rating was downgraded by Standpoint Research to “Sell”. The stock of NetEase, Inc. (NASDAQ:NTES) earned “Neutral” rating by Credit Suisse on Friday, August 19. The stock of NetEase, Inc. (NASDAQ:NTES) earned “Hold” rating by Standpoint Research on Friday, October 16. Zacks downgraded the stock to “Hold” rating in Tuesday, August 25 report. The stock of NetEase, Inc. (NASDAQ:NTES) earned “Hold” rating by Jefferies on Tuesday, January 23. The company was initiated on Wednesday, January 11 by Bernstein. The rating was upgraded by CLSA on Wednesday, April 25 to “Buy”.

Nine Masts Capital Ltd, which manages about $653.66M US Long portfolio, upped its stake in Kraft Heinz Co by 8,438 shares to 9,738 shares, valued at $607,000 in 2018Q1, according to the filing. It also increased its holding in Time Warner Inc (NYSE:TWX) by 20,600 shares in the quarter, for a total of 85,134 shares, and has risen its stake in Costco Whsl Corp New (NASDAQ:COST).

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

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