American Healthcare REIT, Inc. (NYSE:AHR) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of American Healthcare REIT, Inc. (NYSE:AHR) have earned an average rating of “Moderate Buy” from the fourteen ratings firms that are covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, ten have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $51.6364.

A number of equities research analysts have commented on AHR shares. Morgan Stanley raised their price objective on American Healthcare REIT from $52.00 to $55.00 and gave the stock an “overweight” rating in a research report on Thursday, November 20th. Jefferies Financial Group restated a “buy” rating on shares of American Healthcare REIT in a report on Monday, December 15th. Citigroup boosted their price objective on shares of American Healthcare REIT from $45.00 to $52.00 and gave the company a “neutral” rating in a research report on Friday, November 21st. Citizens Jmp increased their target price on shares of American Healthcare REIT from $50.00 to $60.00 and gave the stock a “market outperform” rating in a research report on Monday, November 10th. Finally, UBS Group boosted their price target on shares of American Healthcare REIT from $51.00 to $56.00 and gave the company a “buy” rating in a report on Monday, November 17th.

Insider Activity at American Healthcare REIT

In other American Healthcare REIT news, EVP Mark E. Foster sold 1,500 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $49.35, for a total value of $74,025.00. Following the completion of the sale, the executive vice president directly owned 57,600 shares of the company’s stock, valued at $2,842,560. The trade was a 2.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Jeffrey T. Hanson sold 19,208 shares of the stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $48.40, for a total transaction of $929,667.20. The SEC filing for this sale provides additional information. In the last three months, insiders sold 76,288 shares of company stock valued at $3,718,666. 0.92% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On American Healthcare REIT

Several hedge funds have recently bought and sold shares of AHR. GAMMA Investing LLC lifted its position in shares of American Healthcare REIT by 21.2% in the fourth quarter. GAMMA Investing LLC now owns 2,488 shares of the company’s stock worth $117,000 after buying an additional 435 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of American Healthcare REIT by 4.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 468,716 shares of the company’s stock valued at $19,691,000 after acquiring an additional 19,273 shares during the last quarter. Triumph Capital Management bought a new position in shares of American Healthcare REIT in the 3rd quarter valued at approximately $109,000. Hudson Bay Capital Management LP lifted its holdings in American Healthcare REIT by 118.7% in the 3rd quarter. Hudson Bay Capital Management LP now owns 820,223 shares of the company’s stock worth $34,458,000 after purchasing an additional 445,122 shares during the last quarter. Finally, Swiss Life Asset Management Ltd bought a new stake in American Healthcare REIT during the third quarter worth approximately $300,000. 16.68% of the stock is owned by institutional investors and hedge funds.

American Healthcare REIT Stock Performance

Shares of AHR stock opened at $47.32 on Thursday. The company has a market capitalization of $8.37 billion, a price-to-earnings ratio of 338.00, a P/E/G ratio of 1.68 and a beta of 1.02. American Healthcare REIT has a 1-year low of $26.40 and a 1-year high of $51.01. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.37. The stock’s fifty day simple moving average is $48.28 and its 200-day simple moving average is $43.16.

American Healthcare REIT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Wednesday, December 31st will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Wednesday, December 31st. American Healthcare REIT’s dividend payout ratio is presently 714.29%.

About American Healthcare REIT

American Healthcare REIT, Inc (NYSE: AHR) was a publicly traded real estate investment trust focused on acquiring, owning and managing healthcare‐related properties across the United States. The company’s portfolio spanned senior housing communities, skilled nursing facilities, medical office buildings and outpatient care centers, all operated under long‐term net lease or triple‐net lease structures designed to provide stable, predictable rental income.

Employing a strategy of partnering with established healthcare operators, American Healthcare REIT targeted properties in both major metropolitan areas and high‐growth secondary markets to capitalize on demographic trends such as an aging population and increased demand for outpatient services.