American Healthcare REIT, Inc. $AHR Stake Lowered by Centersquare Investment Management LLC

Centersquare Investment Management LLC trimmed its stake in shares of American Healthcare REIT, Inc. (NYSE:AHRFree Report) by 8.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,102,843 shares of the company’s stock after selling 293,460 shares during the quarter. American Healthcare REIT comprises 1.3% of Centersquare Investment Management LLC’s portfolio, making the stock its 27th largest position. Centersquare Investment Management LLC owned approximately 1.84% of American Healthcare REIT worth $130,350,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. AQR Capital Management LLC lifted its stake in American Healthcare REIT by 170.1% in the first quarter. AQR Capital Management LLC now owns 25,275 shares of the company’s stock valued at $766,000 after buying an additional 15,918 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of American Healthcare REIT by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 90,521 shares of the company’s stock worth $2,743,000 after acquiring an additional 3,954 shares during the period. NewEdge Advisors LLC increased its holdings in shares of American Healthcare REIT by 9.4% in the 1st quarter. NewEdge Advisors LLC now owns 23,509 shares of the company’s stock worth $712,000 after acquiring an additional 2,011 shares during the period. Focus Partners Wealth lifted its position in American Healthcare REIT by 6.6% in the 1st quarter. Focus Partners Wealth now owns 25,809 shares of the company’s stock valued at $782,000 after purchasing an additional 1,591 shares during the last quarter. Finally, Acadian Asset Management LLC acquired a new position in American Healthcare REIT during the 1st quarter valued at about $185,000. 16.68% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the stock. Citizens Jmp restated a “market outperform” rating and issued a $60.00 price target on shares of American Healthcare REIT in a research note on Thursday, February 5th. Scotiabank raised their target price on shares of 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. UBS Group raised 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. Jefferies Financial Group restated a “buy” rating on shares of American Healthcare REIT in a research report on Monday, December 15th. Finally, Citigroup increased their price target on American Healthcare REIT from $45.00 to $52.00 and gave the company a “neutral” rating in a research note on Friday, November 21st. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $52.00.

Read Our Latest Report on American Healthcare REIT

Insider Buying and Selling at American Healthcare REIT

In related news, Director Jeffrey T. Hanson sold 19,208 shares of American Healthcare REIT 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 sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.92% of the stock is currently owned by corporate insiders.

American Healthcare REIT Stock Up 0.8%

AHR stock opened at $52.94 on Thursday. The firm has a market cap of $9.37 billion, a PE ratio of 378.14, a P/E/G ratio of 1.99 and a beta of 1.03. American Healthcare REIT, Inc. has a 12 month low of $26.48 and a 12 month high of $53.19. 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 firm has a 50 day simple moving average of $48.63 and a 200 day simple moving average of $45.98.

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 1.9%. The ex-dividend date was Wednesday, December 31st. American Healthcare REIT’s dividend payout ratio is 714.29%.

About American Healthcare REIT

(Free Report)

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.

See Also

Institutional Ownership by Quarter for American Healthcare REIT (NYSE:AHR)

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