American Healthcare REIT (NYSE:AHR) Coverage Initiated at BMO Capital Markets

Stock analysts at BMO Capital Markets started coverage on shares of American Healthcare REIT (NYSE:AHR) in a research report issued on Thursday, Marketbeat.com reports. The brokerage set an “outperform” rating and a $55.00 price target on the stock. BMO Capital Markets’ target price suggests a potential upside of 17.29% from the stock’s current price.

A number of other analysts also recently weighed in on AHR. Citizens Jmp increased their price target on shares of American Healthcare REIT from $50.00 to $60.00 and gave the company a “market outperform” rating in a report on Monday, November 10th. UBS Group upped 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. JMP Securities lifted their target price on 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. Scotiabank boosted their price target on American Healthcare REIT from $47.00 to $55.00 and gave the company a “sector outperform” rating in a research note on Thursday, November 13th. Finally, Zacks Research downgraded American Healthcare REIT from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $51.83.

American Healthcare REIT Stock Down 0.7%

AHR opened at $46.89 on Thursday. The business has a 50 day moving average of $48.06 and a 200-day moving average of $44.38. The stock has a market capitalization of $8.30 billion, a price-to-earnings ratio of 334.94, a P/E/G ratio of 1.79 and a beta of 1.02. 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 has a 1-year low of $26.48 and a 1-year high of $51.01.

Insider Activity at American Healthcare REIT

In other American Healthcare REIT news, EVP Mark E. Foster sold 1,500 shares of the company’s 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 sale, the executive vice president directly owned 57,600 shares in the company, valued at $2,842,560. This represents a 2.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Jeffrey T. Hanson sold 19,208 shares of the 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 quarter, insiders sold 76,288 shares of company stock worth $3,718,666. Corporate insiders own 0.92% of the company’s stock.

Institutional Investors Weigh In On American Healthcare REIT

Large investors have recently made changes to their positions in the company. Creative Planning lifted its holdings in American Healthcare REIT by 4.5% in the second quarter. Creative Planning now owns 37,467 shares of the company’s stock valued at $1,377,000 after buying an additional 1,628 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new stake in American Healthcare REIT during the 2nd quarter worth $207,000. First American Bank bought a new stake in shares of American Healthcare REIT during the 3rd quarter valued at $1,681,000. Franklin Resources Inc. boosted its position in shares of American Healthcare REIT by 44.3% in the 2nd quarter. Franklin Resources Inc. now owns 236,110 shares of the company’s stock worth $8,675,000 after purchasing an additional 72,502 shares during the last quarter. Finally, Orion Porfolio Solutions LLC boosted its position in shares of American Healthcare REIT by 101.3% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 30,057 shares of the company’s stock worth $1,104,000 after purchasing an additional 15,128 shares during the last quarter. 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.