American Healthcare REIT (NYSE:AHR) Director Jeffrey Hanson Sells 19,208 Shares of Stock

American Healthcare REIT, Inc. (NYSE:AHR) Director Jeffrey Hanson sold 19,208 shares of the firm’s stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of $48.40, for a total value of $929,667.20. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

American Healthcare REIT Stock Performance

Shares of AHR opened at $48.28 on Tuesday. The stock has a 50 day moving average price of $47.79 and a 200 day moving average price of $42.65. 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 company has a market capitalization of $8.54 billion, a price-to-earnings ratio of 344.82, a price-to-earnings-growth ratio of 2.00 and a beta of 0.93. American Healthcare REIT, Inc. has a 52-week low of $26.40 and a 52-week high of $51.01.

American Healthcare REIT Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Stockholders 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 dividend yield of 2.1%. American Healthcare REIT’s dividend payout ratio is presently 714.29%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on AHR. KeyCorp boosted their price target on shares of American Healthcare REIT from $43.00 to $55.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. Jefferies Financial Group reissued a “buy” rating on shares of American Healthcare REIT in a report on Monday, December 15th. Citigroup raised their price target on American Healthcare REIT from $45.00 to $52.00 and gave the stock a “neutral” rating in a research note on Friday, November 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Healthcare REIT in a research report on Wednesday, October 8th. Finally, Scotiabank increased their price objective on American Healthcare REIT from $47.00 to $55.00 and gave the company a “sector outperform” rating in a report on Thursday, November 13th. 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 company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $51.64.

Institutional Trading of American Healthcare REIT

Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its holdings in shares of American Healthcare REIT by 2.7% in the third quarter. Vanguard Group Inc. now owns 23,529,739 shares of the company’s stock valued at $988,484,000 after purchasing an additional 611,809 shares during the period. State Street Corp lifted its stake in shares of American Healthcare REIT by 6.5% in the 2nd quarter. State Street Corp now owns 6,902,944 shares of the company’s stock worth $255,289,000 after acquiring an additional 422,931 shares during the period. Invesco Ltd. boosted its holdings in shares of American Healthcare REIT by 15.9% in the second quarter. Invesco Ltd. now owns 5,820,530 shares of the company’s stock valued at $213,846,000 after acquiring an additional 798,075 shares in the last quarter. Alliancebernstein L.P. increased its stake in shares of American Healthcare REIT by 16.7% during the second quarter. Alliancebernstein L.P. now owns 5,318,866 shares of the company’s stock worth $195,415,000 after acquiring an additional 759,501 shares during the period. Finally, Geode Capital Management LLC increased its stake in shares of American Healthcare REIT by 20.5% during the second quarter. Geode Capital Management LLC now owns 4,578,867 shares of the company’s stock worth $174,882,000 after acquiring an additional 779,109 shares during the period. 16.68% of the stock is owned by institutional investors and hedge funds.

About American Healthcare REIT

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.