Wellington Management Group LLP increased its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR – Free Report) by 4.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,658,850 shares of the company’s stock after purchasing an additional 375,063 shares during the quarter. Wellington Management Group LLP’s holdings in American Healthcare REIT were worth $451,559,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. AQR Capital Management LLC boosted its stake in shares of American Healthcare REIT by 170.1% in the 1st quarter. AQR Capital Management LLC now owns 25,275 shares of the company’s stock valued at $766,000 after buying an additional 15,918 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of American Healthcare REIT by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 90,521 shares of the company’s stock worth $2,743,000 after buying an additional 3,954 shares during the period. NewEdge Advisors LLC increased its stake in shares of American Healthcare REIT by 9.4% during the first quarter. NewEdge Advisors LLC now owns 23,509 shares of the company’s stock worth $712,000 after buying an additional 2,011 shares during the period. Focus Partners Wealth raised its holdings in American Healthcare REIT by 6.6% in the first quarter. Focus Partners Wealth now owns 25,809 shares of the company’s stock valued at $782,000 after acquiring an additional 1,591 shares in the last quarter. Finally, Acadian Asset Management LLC purchased a new position in American Healthcare REIT in the first quarter worth approximately $185,000. Hedge funds and other institutional investors own 16.68% of the company’s stock.
American Healthcare REIT Price Performance
AHR stock opened at $55.65 on Friday. The business has a 50 day moving average price of $54.73 and a 200 day moving average price of $51.53. The stock has a market cap of $12.13 billion, a price-to-earnings ratio of 81.84, a PEG ratio of 1.57 and a beta of 0.76. American Healthcare REIT, Inc. has a fifty-two week low of $40.00 and a fifty-two week high of $58.70. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 0.24.
American Healthcare REIT Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th were issued a $0.25 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $1.00 annualized dividend and a dividend yield of 1.8%. American Healthcare REIT’s dividend payout ratio is presently 147.06%.
Insider Buying and Selling at American Healthcare REIT
In related news, EVP Mark E. Foster sold 2,500 shares of American Healthcare REIT stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $48.58, for a total transaction of $121,450.00. Following the sale, the executive vice president directly owned 52,995 shares in the company, valued at $2,574,497.10. This trade represents a 4.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Brian Peay sold 25,000 shares of the business’s stock in a transaction on 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 of the company’s stock, valued at approximately $7,741,890. This trade represents a 14.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 29,500 shares of company stock valued at $1,485,590. Company insiders own 0.75% of the company’s stock.
Analyst Ratings Changes
Several research analysts have commented on AHR shares. Truist Financial boosted their price target on shares of American Healthcare REIT from $57.00 to $61.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Barclays assumed coverage on shares of American Healthcare REIT in a report on Tuesday, July 7th. They issued an “overweight” rating and a $61.00 price objective on the stock. Royal Bank Of Canada lifted their price objective on shares of American Healthcare REIT from $56.00 to $61.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. KeyCorp boosted their target price on shares of American Healthcare REIT from $58.00 to $68.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 19th. Finally, Citizens Jmp increased their target price on American Healthcare REIT from $60.00 to $65.00 and gave the company a “market outperform” rating in a report on Monday, July 27th. Twelve investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $61.25.
View Our Latest Stock Report on American Healthcare REIT
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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