American Healthcare REIT’s (AHR) “Market Outperform” Rating Reiterated at Citizens Jmp

Citizens Jmp restated their market outperform rating on shares of American Healthcare REIT (NYSE:AHR) in a report released on Thursday morning,Benzinga reports. They currently have a $60.00 price objective on the stock.

AHR has been the subject of a number of other research reports. KeyCorp upped their price target on American Healthcare REIT from $43.00 to $55.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Truist Financial decreased their price target on American Healthcare REIT from $53.00 to $52.00 and set a “buy” rating for the company in a research note on Tuesday, January 20th. Citigroup lifted their price objective on shares of American Healthcare REIT from $45.00 to $52.00 and gave the stock a “neutral” rating in a report on Friday, November 21st. UBS Group boosted their price objective on shares of American Healthcare REIT from $51.00 to $56.00 and gave the company a “buy” rating in a research report on Monday, November 17th. Finally, JMP Securities raised their target price 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. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $51.83.

American Healthcare REIT Trading Up 1.4%

NYSE AHR opened at $48.84 on Thursday. American Healthcare REIT has a 12 month low of $26.48 and a 12 month high of $51.01. The firm’s fifty day moving average price is $47.86 and its 200 day moving average price is $44.79. The company has a market capitalization of $8.64 billion, a price-to-earnings ratio of 348.86, a price-to-earnings-growth ratio of 1.85 and a beta of 1.03. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.44 and a quick ratio of 0.44.

American Healthcare REIT Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Wednesday, December 31st were paid a $0.25 dividend. The ex-dividend date was Wednesday, December 31st. This represents a $1.00 annualized dividend and a dividend yield of 2.0%. American Healthcare REIT’s dividend payout ratio (DPR) is presently 714.29%.

Insider Activity at American Healthcare REIT

In other American Healthcare REIT news, Director Jeffrey T. Hanson sold 35,570 shares of the business’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 completion of the transaction, the director owned 19,208 shares in the company, valued at approximately $929,283.04. The trade was a 64.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Mark E. Foster sold 1,500 shares of the stock in a transaction on 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 directly owned 57,600 shares of the company’s stock, valued at approximately $2,842,560. The trade was a 2.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 76,288 shares of company stock valued at $3,718,666. Insiders own 0.92% of the company’s stock.

Hedge Funds Weigh In On American Healthcare REIT

A number of institutional investors and hedge funds have recently bought and sold shares of AHR. AQR Capital Management LLC raised its position in shares of American Healthcare REIT by 170.1% during the 1st quarter. AQR Capital Management LLC now owns 25,275 shares of the company’s stock worth $766,000 after buying an additional 15,918 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in 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 purchasing an additional 3,954 shares in the last quarter. NewEdge Advisors LLC raised its holdings in 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 purchasing an additional 2,011 shares in the last quarter. Focus Partners Wealth lifted its position in American Healthcare REIT by 6.6% in the first quarter. Focus Partners Wealth now owns 25,809 shares of the company’s stock worth $782,000 after purchasing an additional 1,591 shares during the period. Finally, Acadian Asset Management LLC acquired a new position in shares of American Healthcare REIT during the 1st quarter valued at $185,000. Institutional investors own 16.68% of the company’s stock.

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.