Brokerages Set American Healthcare REIT, Inc. (NYSE:AHR) Price Target at $51.83

Shares of American Healthcare REIT, Inc. (NYSE:AHR) have earned a consensus rating of “Moderate Buy” from the fourteen ratings firms that are covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation, ten have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is $51.8333.

AHR has been the subject of a number of recent research reports. Citigroup lifted their price target on shares of American Healthcare REIT from $45.00 to $52.00 and gave the stock a “neutral” rating in a research note on Friday, November 21st. Royal Bank Of Canada raised their price objective on shares of American Healthcare REIT from $45.00 to $54.00 and gave the company an “outperform” rating in a report on Wednesday, November 12th. Morgan Stanley boosted their target price on shares of American Healthcare REIT from $52.00 to $55.00 and gave the stock an “overweight” rating in a research note on Thursday, November 20th. BMO Capital Markets started coverage on American Healthcare REIT in a report on Thursday, January 29th. They issued an “outperform” rating and a $55.00 target price on the stock. Finally, KeyCorp lifted 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.

Insider Activity at American Healthcare REIT

In other American Healthcare REIT news, Director Jeffrey T. Hanson sold 35,570 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $48.38, for a total transaction of $1,720,876.60. Following the sale, the director owned 19,208 shares of the company’s stock, valued at approximately $929,283.04. This trade represents a 64.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Mark E. Foster sold 1,500 shares of the company’s stock in a transaction 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 completion of the transaction, the executive vice president 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 disclosure for this sale is available in the SEC filing. Insiders sold 76,288 shares of company stock worth $3,718,666 over the last quarter. 0.92% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Fortis Group Advisors LLC boosted its holdings in shares of American Healthcare REIT by 0.8% during the third quarter. Fortis Group Advisors LLC now owns 27,565 shares of the company’s stock worth $1,235,000 after purchasing an additional 209 shares during the last quarter. Spire Wealth Management lifted its position in American Healthcare REIT by 1.8% during the fourth quarter. Spire Wealth Management now owns 16,127 shares of the company’s stock worth $759,000 after buying an additional 279 shares during the period. Optiver Holding B.V. boosted its stake in American Healthcare REIT by 83.1% in the 3rd quarter. Optiver Holding B.V. now owns 652 shares of the company’s stock worth $27,000 after buying an additional 296 shares during the last quarter. KLP Kapitalforvaltning AS boosted its stake in American Healthcare REIT by 0.9% in the 3rd quarter. KLP Kapitalforvaltning AS now owns 33,300 shares of the company’s stock worth $1,406,000 after buying an additional 300 shares during the last quarter. Finally, Militia Capital Partners LP grew its holdings in American Healthcare REIT by 1.6% in the 3rd quarter. Militia Capital Partners LP now owns 19,100 shares of the company’s stock valued at $802,000 after buying an additional 300 shares during the period. 16.68% of the stock is currently owned by institutional investors and hedge funds.

American Healthcare REIT Stock Down 2.9%

American Healthcare REIT stock opened at $46.76 on Monday. The company has a market capitalization of $8.27 billion, a PE ratio of 334.00, a price-to-earnings-growth ratio of 1.83 and a beta of 1.03. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.44 and a current ratio of 0.44. American Healthcare REIT has a fifty-two week low of $26.48 and a fifty-two week high of $51.01. The firm has a 50 day moving average price of $47.94 and a 200 day moving average price of $44.64.

American Healthcare REIT Announces Dividend

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

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.