American Healthcare REIT (NYSE:AHR) Price Target Cut to $52.00 by Analysts at Truist Financial

American Healthcare REIT (NYSE:AHR) had its price target decreased by Truist Financial from $53.00 to $52.00 in a research report report published on Tuesday morning, MarketBeat reports. Truist Financial currently has a buy rating on the stock.

Other equities analysts have also recently issued research reports about the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of American Healthcare REIT in a research 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 report on Friday, November 21st. Royal Bank Of Canada upped their price objective on American Healthcare REIT from $45.00 to $54.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 12th. JMP Securities upped 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 research report on Friday, October 17th. Finally, UBS Group lifted 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 note on Monday, November 17th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, American Healthcare REIT presently has an average rating of “Moderate Buy” and an average price target of $51.55.

American Healthcare REIT Trading Down 1.1%

Shares of AHR opened at $47.50 on Tuesday. The company has a market capitalization of $8.40 billion, a P/E ratio of 339.28, a P/E/G ratio of 1.82 and a beta of 1.02. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.44 and a current ratio of 0.44. The stock has a 50-day moving average price of $48.35 and a 200 day moving average price of $43.92. American Healthcare REIT has a one year low of $26.48 and a one year high of $51.01.

American Healthcare REIT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Wednesday, December 31st. American Healthcare REIT’s dividend payout ratio is 714.29%.

Insider Buying and Selling at American Healthcare REIT

In related news, EVP Mark E. Foster sold 1,500 shares of American Healthcare REIT 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 transaction, the executive vice president directly owned 57,600 shares in the company, valued at $2,842,560. The trade was a 2.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jeffrey T. Hanson sold 19,208 shares of the business’s stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $48.40, for a total value of $929,667.20. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 76,288 shares of company stock valued at $3,718,666. Corporate insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of AHR. Vanguard Group Inc. lifted its holdings in shares of American Healthcare REIT by 2.7% during the 3rd quarter. Vanguard Group Inc. now owns 23,529,739 shares of the company’s stock valued at $988,484,000 after buying an additional 611,809 shares during the last quarter. State Street Corp raised its position in American Healthcare REIT by 6.5% during the second quarter. State Street Corp now owns 6,902,944 shares of the company’s stock valued at $255,289,000 after acquiring an additional 422,931 shares in the last quarter. Invesco Ltd. lifted its stake in 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 during the last quarter. Alliancebernstein L.P. boosted its holdings in American Healthcare REIT by 16.7% in the second quarter. Alliancebernstein L.P. now owns 5,318,866 shares of the company’s stock worth $195,415,000 after purchasing an additional 759,501 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in shares of American Healthcare REIT by 20.5% during the 2nd 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 in the last quarter. Hedge funds and other 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.