Engineers Gate Trims Sabra Health Care REIT Stake as Investors Track Rental Income Trends

By Eric Trie – Mar 13, 2026 at 2:14PM ESTKey PointsEngineers Gate Manager LP sold 1,513,777 shares of Sabra Health Care REIT (SBRA)Quarter-end position value decreased by $26.85 million, reflecting both trading and price movement effectsTransaction represented a 0.33% change in fund’s 13F assets under managementPost-trade, the fund holds 4,544,219 shares valued at $86.07 millionThe position now accounts for 1.02% of 13F AUM, placing it outside the fund’s top five holdingsOn February 17, 2026, Engineers Gate Manager LP reported selling 1,513,777 shares of Sabra Health Care REIT (SBRA 0.12%), an estimated $28.06 million trade based on quarterly average pricing.Engineers Gate Manager LP sold 1,513,777 shares of Sabra Health Care REIT; estimated transaction value $28.06 million (estimate based on quarterly average price)Quarter-end position value decreased by $26.85 million, reflecting both trading and price movement effectsTransaction represented a 0.33% change in fund’s 13F assets under managementPost-trade, the fund holds 4,544,219 shares valued at $86.07 millionThe position now accounts for 1.02% of 13F AUM, placing it outside the fund’s top five holdingsWhat happenedAccording to an SEC filing dated February 17, 2026, Engineers Gate Manager LP reduced its position in Sabra Health Care REIT (SBRA 0.12%)by 1,513,777 shares. The quarter-end value of the stake declined by $26.85 million, a figure that incorporates both the share sale and market price changes.What else to knowThe sale reduced Sabra Health Care REIT to 1.02% of the fund’s 13F assets under management. Top holdings after the filing:NASDAQ: QQQ: $245.53 million (2.9% of AUM)NYSEMKT: SPY: $131.77 million (1.6% of AUM)NYSE: INVH: $114.95 million (1.4% of AUM)NYSE: ADC: $85.16 million (1.0% of AUM)NYSE: FR: $78.00 million (0.9% of AUM)As of February 13, 2026, shares of Sabra Health Care REIT were priced at $20.17. Company/ETF overviewMetricValueRevenue (TTM)$774.63 millionNet Income (TTM)$155.61 millionDividend Yield5.87%Price (as of market close 2/13/26)$20.17Company/ETF snapshotSabra Health Care REIT, Inc. is a leading real estate investment trust specializing in healthcare facilities, with a portfolio spanning over 400 properties and more than 41,000 beds/units. The company's strategy focuses on diversifying its asset base across multiple healthcare sectors and geographies, providing stable income streams through long-term leases and management agreements. It generates revenue primarily through leasing properties to healthcare operators and property management agreements, as well as through investments in loans receivable and preferred equity.Sabra Health Care REIT, Inc. serves healthcare operators and providers throughout the United States and Canada, focusing on the skilled nursing, senior housing, and behavioral health markets.What this transaction means for investorsIn healthcare real estate, the durability of rental income often depends on the financial health of the operators running the facilities.

Sabra Health Care REIT Inc. owns skilled nursing facilities, senior housing communities, and behavioral health properties, and the stability of its cash flow is closely linked to the operators leasing those buildings.In skilled nursing especially, many operators rely heavily on Medicare and Medicaid reimbursement, while also facing pressure from labor costs and occupancy trends. Those factors affect operator margins and, ultimately, their ability to pay rent. That is why investors in healthcare REITs tend to focus not only on property portfolios and demographics, but also on tenant diversification, rent coverage, and operator credit quality.The key question for investors is whether Sabra can maintain stable rental income as its operators address reimbursement, staffing, and occupancy challenges. If operator fundamentals remain strong and demand for senior care grows, Sabra stands to benefit from steady lease income and demographic trends. Ultimately, the investment case depends on Sabra’s ability to support tenant health and deliver the reliable income profile expected from a healthcare REIT.About the AuthorEric Trie is a Motley Fool contributing stock analyst covering technology and semiconductors, healthcare, financial services, and consumer sectors. Previously, he worked in investment analysis and financial writing. He holds a B.A. in Philosophy from Rutgers University. Eric lives in New York City and is an avid sports fan.CMFIdeaMachineStocks MentionedSabra Health Care REITNASDAQ: SBRA$20.78(-0.02%)-$0.01Invesco QQQ TrustNASDAQ: QQQ$595.17(-0.35%)-$2.09SPDR S&P 500 ETF TrustNYSEMKT: SPY$664.56(-0.23%)-$1.50Invitation HomesNYSE: INVH$25.19(+0.32%)+$0.08Agree RealtyNYSE: ADC$79.70(+0.05%)+$0.04First Industrial Realty TrustNYSE: FR$60.65(+0.78%)+$0.47*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.