American Healthcare REIT (NYSE:AHR) Director Sells $1,720,876.60 in Stock

American Healthcare REIT, Inc. (NYSE:AHR) Director Jeffrey Hanson sold 35,570 shares of the stock in a transaction that occurred on Monday, December 22nd. The stock was sold at an average price of $48.38, for a total value of $1,720,876.60. Following the completion of the sale, the director owned 19,208 shares of the company’s stock, valued at approximately $929,283.04. This trade represents a 64.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

American Healthcare REIT Trading Up 0.7%

Shares of AHR traded up $0.33 during mid-day trading on Monday, hitting $48.28. 852,832 shares of the company’s stock traded hands, compared to its average volume of 1,679,134. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $8.54 billion, a P/E ratio of 344.82, a PEG ratio of 2.00 and a beta of 0.93. The business’s 50-day moving average price is $47.69 and its 200-day moving average price is $42.56. American Healthcare REIT, Inc. has a 1 year low of $26.40 and a 1 year high of $51.01.

American Healthcare REIT Dividend Announcement

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

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Citigroup boosted their price target 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. JMP Securities lifted their price objective on American Healthcare REIT from $45.00 to $50.00 and gave the company a “market outperform” rating in a research report on Friday, October 17th. Scotiabank increased their target price on American Healthcare REIT from $47.00 to $55.00 and gave the stock a “sector outperform” rating in a research report on Thursday, November 13th. Citizens Jmp raised their target price on American Healthcare REIT from $50.00 to $60.00 and gave the company a “market outperform” rating in a research note on Monday, November 10th. Finally, KeyCorp upped their price target on American Healthcare REIT from $43.00 to $55.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Two analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $51.64.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AHR. Fortis Group Advisors LLC boosted its holdings in American Healthcare REIT by 0.8% in the third quarter. Fortis Group Advisors LLC now owns 27,565 shares of the company’s stock worth $1,235,000 after acquiring an additional 209 shares in the last quarter. Optiver Holding B.V. boosted its stake in American Healthcare REIT by 83.1% in the 3rd quarter. Optiver Holding B.V. now owns 652 shares of the company’s stock worth $27,000 after purchasing an additional 296 shares in the last quarter. KLP Kapitalforvaltning AS grew its position in American Healthcare REIT by 0.9% during the 3rd quarter. KLP Kapitalforvaltning AS now owns 33,300 shares of the company’s stock valued at $1,406,000 after purchasing an additional 300 shares during the last quarter. Militia Capital Partners LP increased its stake in American Healthcare REIT by 1.6% during the 3rd quarter. Militia Capital Partners LP now owns 19,100 shares of the company’s stock valued at $802,000 after purchasing an additional 300 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in American Healthcare REIT by 22.1% in the second quarter. GAMMA Investing LLC now owns 1,716 shares of the company’s stock worth $63,000 after buying an additional 311 shares during the last quarter. Institutional investors own 16.68% of the company’s stock.

American Healthcare REIT Company 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.