WINTON GROUP Ltd acquired a new stake in American Healthcare REIT, Inc. (NYSE:AHR – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 26,400 shares of the company’s stock, valued at approximately $1,377,000.
A number of other large investors have also modified their holdings of the company. Sigma Planning Corp grew its position in shares of American Healthcare REIT by 1.5% during the 1st quarter. Sigma Planning Corp now owns 15,191 shares of the company’s stock valued at $716,000 after acquiring an additional 222 shares during the period. GAMMA Investing LLC increased its position in shares of American Healthcare REIT by 7.3% in the second quarter. GAMMA Investing LLC now owns 3,264 shares of the company’s stock valued at $170,000 after buying an additional 222 shares in the last quarter. NFSG Corp raised its stake in shares of American Healthcare REIT by 8.8% during the 1st quarter. NFSG Corp now owns 2,993 shares of the company’s stock worth $141,000 after buying an additional 242 shares during the period. Centaurus Financial Inc. lifted its position in shares of American Healthcare REIT by 4.7% during the 1st quarter. Centaurus Financial Inc. now owns 5,913 shares of the company’s stock valued at $279,000 after buying an additional 266 shares in the last quarter. Finally, Norinchukin Bank The grew its stake in American Healthcare REIT by 4.9% in the 3rd quarter. Norinchukin Bank The now owns 7,970 shares of the company’s stock valued at $335,000 after acquiring an additional 369 shares during the period. Institutional investors and hedge funds own 16.68% of the company’s stock.
American Healthcare REIT Stock Performance
NYSE:AHR opened at $53.59 on Friday. The company has a market cap of $11.68 billion, a P/E ratio of 78.81, a P/E/G ratio of 1.52 and a beta of 0.74. American Healthcare REIT, Inc. has a twelve month low of $40.00 and a twelve month high of $58.70. The company’s 50-day moving average price is $55.41 and its 200-day moving average price is $51.76. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.24.
American Healthcare REIT Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Tuesday, June 30th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Tuesday, June 30th. American Healthcare REIT’s dividend payout ratio (DPR) is currently 147.06%.
Insider Buying and Selling
In other American Healthcare REIT news, CFO Brian Peay sold 25,000 shares of the business’s stock in a transaction on Friday, June 26th. The stock was sold at an average price of $50.70, for a total transaction of $1,267,500.00. Following the transaction, the chief financial officer owned 152,700 shares of the company’s stock, valued at approximately $7,741,890. The trade was a 14.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Mark Foster sold 2,500 shares of the business’s stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $48.58, for a total value of $121,450.00. Following the transaction, 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 disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 29,500 shares of company stock worth $1,499,730. 0.75% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
AHR has been the topic of several research analyst reports. Citizens Jmp lifted their target price on shares of American Healthcare REIT from $60.00 to $65.00 and gave the company a “market outperform” rating in a research report on Monday, July 27th. Barclays lifted their price objective on American Healthcare REIT from $61.00 to $66.00 and gave the stock an “overweight” rating in a report on Monday, August 31st. Weiss Ratings reiterated a “hold (c+)” rating on shares of American Healthcare REIT in a research note on Friday, August 28th. Truist Financial increased their target price on American Healthcare REIT from $57.00 to $61.00 and gave the company a “buy” rating in a report on Friday, August 14th. Finally, KeyCorp raised their target price on American Healthcare REIT from $58.00 to $68.00 and gave the company an “overweight” rating in a research report on Wednesday, August 19th. Twelve equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $62.58.
Check Out Our Latest Research Report on AHR
American Healthcare REIT Company Profile
American Healthcare REIT, Inc is a self-managed real estate investment trust focused on owning and operating healthcare-related properties. The company seeks to invest in real estate that supports healthcare delivery and senior living, with an emphasis on properties that may benefit from long-term demand for medical services and aging-related care.
Its portfolio includes outpatient medical facilities, integrated senior health campuses, skilled nursing facilities, hospitals and other healthcare properties.
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