Osaic Holdings Inc. Decreases Stake in American Healthcare REIT, Inc. $AHR

Osaic Holdings Inc. lowered its position in shares of American Healthcare REIT, Inc. (NYSE:AHRFree Report) by 4.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 259,649 shares of the company’s stock after selling 11,073 shares during the quarter. Osaic Holdings Inc. owned 0.15% of American Healthcare REIT worth $9,544,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. lifted its holdings in American Healthcare REIT by 34.4% during the first quarter. Raymond James Financial Inc. now owns 149,533 shares of the company’s stock worth $4,531,000 after acquiring an additional 38,243 shares during the period. Hsbc Holdings PLC grew its stake in American Healthcare REIT by 14.3% in the 1st quarter. Hsbc Holdings PLC now owns 143,175 shares of the company’s stock valued at $4,340,000 after purchasing an additional 17,931 shares during the period. Norinchukin Bank The purchased a new stake in shares of American Healthcare REIT during the 1st quarter valued at $214,000. Allstate Corp raised its stake in shares of American Healthcare REIT by 90.7% during the 1st quarter. Allstate Corp now owns 14,447 shares of the company’s stock worth $438,000 after purchasing an additional 6,871 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of American Healthcare REIT by 10.3% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 10,599 shares of the company’s stock worth $321,000 after buying an additional 987 shares during the last quarter. 16.68% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research firms recently issued reports on AHR. Weiss Ratings restated a “hold (c)” rating on shares of American Healthcare REIT in a report on Wednesday, October 8th. Scotiabank raised their price target on shares of American Healthcare REIT from $47.00 to $55.00 and gave the stock a “sector outperform” rating in a research note on Thursday, November 13th. JMP Securities lifted their price target on shares of American Healthcare REIT from $45.00 to $50.00 and gave the stock a “market outperform” rating in a report on Friday, October 17th. UBS Group increased their price objective on American Healthcare REIT from $51.00 to $56.00 and gave the company a “buy” rating in a report on Monday, November 17th. Finally, Citigroup raised their target price on American Healthcare REIT from $45.00 to $52.00 and gave the stock a “neutral” rating in a research report on Friday, November 21st. Two investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $51.64.

Read Our Latest Stock Report on AHR

Insiders Place Their Bets

In other American Healthcare REIT news, EVP Mark E. Foster sold 1,500 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $49.35, for a total value of $74,025.00. Following the completion of the transaction, the executive vice president owned 57,600 shares in the company, valued at $2,842,560. This trade represents a 2.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Jeffrey T. Hanson sold 20,010 shares of American Healthcare REIT stock in a transaction dated Monday, November 10th. The shares were sold at an average price of $49.68, for a total value of $994,096.80. Following the transaction, the director directly owned 21,798 shares of the company’s stock, valued at $1,082,924.64. The trade was a 47.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.92% of the stock is owned by company insiders.

American Healthcare REIT Stock Performance

Shares of AHR stock opened at $48.11 on Friday. The firm’s 50 day moving average is $47.09 and its 200 day moving average is $42.05. The stock has a market capitalization of $8.51 billion, a P/E ratio of 343.64, a PEG ratio of 2.01 and a beta of 0.93. American Healthcare REIT, Inc. has a 12 month low of $26.40 and a 12 month 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.

American Healthcare REIT Dividend Announcement

The business 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 dividend of $0.25 per share. The ex-dividend date is Wednesday, December 31st. This represents a $1.00 annualized dividend and a dividend yield of 2.1%. American Healthcare REIT’s dividend payout ratio is currently 714.29%.

About American Healthcare REIT

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for American Healthcare REIT (NYSE:AHR)

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