American Healthcare REIT, Inc. Plans Quarterly Dividend of $0.25 (NYSE:AHR)

American Healthcare REIT, Inc. (NYSE:AHR) announced a quarterly dividend on Tuesday, December 16th. Shareholders of record on Wednesday, December 31st will be paid a dividend of 0.25 per share on Friday, January 16th. This represents a c) annualized dividend and a yield of 2.1%. The ex-dividend date is Wednesday, December 31st.

American Healthcare REIT Stock Performance

NYSE AHR traded down $0.23 during trading on Wednesday, reaching $47.39. The company’s stock had a trading volume of 153,148 shares, compared to its average volume of 1,669,513. The firm has a 50 day moving average price of $46.65 and a 200 day moving average price of $41.83. American Healthcare REIT has a 12 month low of $26.40 and a 12 month high of $51.01. The firm has a market capitalization of $8.38 billion, a price-to-earnings ratio of 339.19, a price-to-earnings-growth ratio of 1.97 and a beta of 0.93. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.37.

Insider Activity

In related news, EVP Mark E. Foster sold 1,500 shares of American Healthcare REIT stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $49.35, for a total transaction of $74,025.00. Following the sale, 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. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jeffrey T. Hanson sold 20,010 shares of the stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $49.68, for a total transaction of $994,096.80. Following the completion of the transaction, the director directly owned 21,798 shares of the company’s stock, valued at approximately $1,082,924.64. The trade was a 47.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of AHR. Hudson Bay Capital Management LP boosted its holdings in shares of American Healthcare REIT by 118.7% during the 3rd quarter. Hudson Bay Capital Management LP now owns 820,223 shares of the company’s stock valued at $34,458,000 after acquiring an additional 445,122 shares in the last quarter. Swiss Life Asset Management Ltd bought a new position in American Healthcare REIT in the third quarter valued at about $300,000. Strategic Advocates LLC acquired a new stake in shares of American Healthcare REIT during the third quarter valued at about $146,000. CIBC Private Wealth Group LLC grew its holdings in shares of American Healthcare REIT by 160.4% during the third quarter. CIBC Private Wealth Group LLC now owns 1,872 shares of the company’s stock worth $79,000 after purchasing an additional 1,153 shares during the last quarter. Finally, CIBC Bancorp USA Inc. acquired a new position in shares of American Healthcare REIT in the third quarter valued at approximately $713,000. 16.68% of the stock is currently owned by institutional investors.

American Healthcare REIT Company Profile

Formed by the successful merger of Griffin-American Healthcare REIT III and Griffin-American Healthcare REIT IV, as well as the acquisition of the business and operations of American Healthcare Investors, American Healthcare REIT is one of the larger healthcare-focused real estate investment trusts globally with assets totaling approximately $4.2 billion in gross investment value.