SG Americas Securities LLC lowered its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR – Free Report) by 20.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 53,563 shares of the company’s stock after selling 13,881 shares during the period. SG Americas Securities LLC’s holdings in American Healthcare REIT were worth $2,526,000 at the end of the most recent quarter.
Other large investors also recently added to or reduced their stakes in the company. Hsbc Holdings PLC boosted its position in shares of American Healthcare REIT by 61.9% during the 4th quarter. Hsbc Holdings PLC now owns 345,590 shares of the company’s stock valued at $16,259,000 after acquiring an additional 132,172 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in American Healthcare REIT by 402.1% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,461 shares of the company’s stock worth $69,000 after purchasing an additional 1,170 shares during the period. World Investment Advisors boosted its holdings in American Healthcare REIT by 69.9% in the 4th quarter. World Investment Advisors now owns 8,283 shares of the company’s stock valued at $390,000 after purchasing an additional 3,409 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of American Healthcare REIT by 28.1% in the 4th quarter. Corient Private Wealth LLC now owns 7,778 shares of the company’s stock valued at $366,000 after buying an additional 1,708 shares during the period. Finally, Pure Financial Advisors LLC increased its holdings in shares of American Healthcare REIT by 7.8% during the 4th quarter. Pure Financial Advisors LLC now owns 9,531 shares of the company’s stock worth $449,000 after buying an additional 689 shares during the last quarter. 16.68% of the stock is currently owned by hedge funds and other institutional investors.
American Healthcare REIT Trading Up 2.9%
NYSE AHR opened at $53.66 on Thursday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.45 and a current ratio of 0.45. The firm has a market cap of $10.34 billion, a price-to-earnings ratio of 92.52, a PEG ratio of 1.74 and a beta of 0.77. The firm has a 50 day simple moving average of $49.25 and a 200-day simple moving average of $49.19. American Healthcare REIT, Inc. has a one year low of $35.54 and a one year high of $54.67.
American Healthcare REIT Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.00 dividend on an annualized basis and a yield of 1.9%. American Healthcare REIT’s dividend payout ratio (DPR) is presently 172.41%.
Analysts Set New Price Targets
AHR has been the topic of a number of research analyst reports. KeyCorp lifted their target price on American Healthcare REIT from $55.00 to $58.00 and gave the company an “overweight” rating in a research report on Thursday, May 28th. Truist Financial upped their target price on shares of American Healthcare REIT from $52.00 to $57.00 and gave the company a “buy” rating in a research report on Thursday, March 12th. Royal Bank Of Canada increased their target price on shares of American Healthcare REIT from $54.00 to $56.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 26th. Scotiabank reduced their price target on shares of American Healthcare REIT from $59.00 to $51.00 and set a “sector outperform” rating on the stock in a research note on Thursday, June 18th. Finally, Citigroup raised shares of American Healthcare REIT from a “neutral” rating to a “buy” rating and set a $55.00 price objective for the company in a research report on Monday, June 22nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $54.91.
Get Our Latest Research Report on AHR
Insider Activity
In other American Healthcare REIT news, EVP Mark E. Foster sold 2,500 shares of the stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $48.58, for a total transaction of $121,450.00. Following the completion of the sale, the executive vice president directly owned 52,995 shares of the company’s stock, valued at approximately $2,574,497.10. This trade represents a 4.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Brian Peay sold 25,000 shares of American Healthcare REIT stock in a transaction dated Friday, June 26th. The shares were sold at an average price of $50.70, for a total transaction of $1,267,500.00. Following the completion of the sale, the chief financial officer directly owned 152,700 shares in the company, valued at approximately $7,741,890. The trade was a 14.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 29,500 shares of company stock valued at $1,485,590 over the last three months. Company insiders own 0.75% of the company’s stock.
American Healthcare REIT Profile
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.
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