American Healthcare REIT (NYSE:AHR) Director Jeffrey Hanson Sells 35,570 Shares

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

American Healthcare REIT Trading Up 0.7%

Shares of AHR opened at $48.28 on Tuesday. American Healthcare REIT, Inc. has a 12 month low of $26.40 and a 12 month high of $51.01. The stock’s 50-day moving average is $47.79 and its two-hundred day moving average is $42.65. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.44 and a quick ratio of 0.44. The stock has a market cap of $8.54 billion, a PE ratio of 344.82, a P/E/G ratio of 2.00 and a beta of 0.93.

American Healthcare REIT Announces Dividend

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

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of AHR. Optiver Holding B.V. increased its holdings in shares of American Healthcare REIT by 83.1% in the 3rd quarter. Optiver Holding B.V. now owns 652 shares of the company’s stock valued at $27,000 after acquiring an additional 296 shares during the last quarter. Trust Co. of Vermont acquired a new position in American Healthcare REIT in the third quarter worth $28,000. Darwin Wealth Management LLC bought a new stake in American Healthcare REIT during the second quarter valued at $31,000. Total Investment Management Inc. acquired a new stake in shares of American Healthcare REIT during the second quarter worth $32,000. Finally, Physician Wealth Advisors Inc. acquired a new stake in shares of American Healthcare REIT during the second quarter worth $34,000. Institutional investors own 16.68% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on AHR. Citigroup raised their price target on shares of American Healthcare REIT from $45.00 to $52.00 and gave the company a “neutral” rating in a report on Friday, November 21st. Morgan Stanley upped their price objective on shares of American Healthcare REIT from $52.00 to $55.00 and gave the company an “overweight” rating in a research report on Thursday, November 20th. UBS Group lifted their target price on American Healthcare REIT from $51.00 to $56.00 and gave the stock a “buy” rating in a research report on Monday, November 17th. Truist Financial boosted their price target on American Healthcare REIT from $46.00 to $53.00 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. Finally, Zacks Research upgraded American Healthcare REIT from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 17th. Two analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $51.64.

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.