BlackRock Amends Sabra Health Care REIT Stake (SC 13G/A)
Ticker: SBRA · Form: SC 13G/A · Filed: Jan 22, 2024 · CIK: 1492298
| Field | Detail |
|---|---|
| Company | Sabra Health Care Reit, Inc. (SBRA) |
| Form Type | SC 13G/A |
| Filed Date | Jan 22, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its passive stake in Sabra Health Care REIT.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 22, 2024, indicating a change in its ownership stake in Sabra Health Care REIT, Inc. as of December 31, 2023. This filing, Amendment No. 14, updates BlackRock's passive investment position in Sabra's Common Stock. For investors, this matters because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in sentiment or strategy towards Sabra Health Care REIT, Inc.
Why It Matters
This filing shows BlackRock's updated ownership in Sabra Health Care REIT, Inc., which can influence investor perception and potentially the stock's trading activity.
Risk Assessment
Risk Level: low — This is a routine update from a passive institutional investor and doesn't indicate any immediate significant risk.
Analyst Insight
Investors should note BlackRock's continued presence as a significant, passive holder in Sabra Health Care REIT, Inc., but this filing alone doesn't suggest an immediate buy or sell action. It's a routine update reflecting a large institutional investor's position.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person, a major institutional investor
- Sabra Health Care REIT, Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 22, 2024 (date) — the filing date of the SC 13G/A
- Amendment No. 14 (number) — the specific amendment number of the filing
Forward-Looking Statements
- BlackRock will continue to hold a significant, passive stake in Sabra Health Care REIT, Inc. (BlackRock Inc.) — high confidence, target: Q1 2025
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'Amendment No: 14'.
Who is the reporting person in this filing?
The reporting person is BlackRock Inc., as stated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.'.
What is the subject company whose securities are being reported?
The subject company is Sabra Health Care REIT, Inc., identified as 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Sabra Health Care REIT, Inc.'.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified under '(Date of Event Which Requires Filing of this Statement)'.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), indicated by '[X] Rule 13d-1(b)'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 22, 2024 regarding Sabra Health Care REIT, Inc. (SBRA).