Lighthouse Investment Partners LLC acquired a new stake in shares of American Healthcare REIT, Inc. (NYSE:AHR – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 178,100 shares of the company’s stock, valued at approximately $7,482,000. Lighthouse Investment Partners LLC owned approximately 0.10% of American Healthcare REIT as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also recently added to or reduced their stakes in AHR. Optiver Holding B.V. increased its stake in shares of American Healthcare REIT by 83.1% during the 3rd quarter. Optiver Holding B.V. now owns 652 shares of the company’s stock worth $27,000 after purchasing an additional 296 shares during the last quarter. Trust Co. of Vermont acquired a new stake in shares of American Healthcare REIT in the 3rd quarter valued at $28,000. Darwin Wealth Management LLC bought a new stake in American Healthcare REIT in the second quarter worth $31,000. Total Investment Management Inc. bought a new stake in American Healthcare REIT in the second quarter worth $32,000. Finally, US Bancorp DE increased its position in American Healthcare REIT by 84.8% during the third quarter. US Bancorp DE now owns 1,085 shares of the company’s stock worth $46,000 after buying an additional 498 shares during the last quarter. 16.68% of the stock is currently owned by institutional investors and hedge funds.
American Healthcare REIT Stock Up 1.0%
Shares of AHR stock opened at $52.70 on Tuesday. American Healthcare REIT, Inc. has a one year low of $26.48 and a one year high of $54.67. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.41 and a quick ratio of 0.41. The stock has a fifty day moving average price of $49.83 and a 200 day moving average price of $47.00. The stock has a market cap of $9.32 billion, a P/E ratio of 128.52, a price-to-earnings-growth ratio of 2.41 and a beta of 0.94.
Wall Street Analysts Forecast Growth
AHR has been the topic of several recent research reports. Jefferies Financial Group restated a “buy” rating on shares of American Healthcare REIT in a report on Monday, December 15th. Scotiabank upped their price target on American Healthcare REIT from $55.00 to $59.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, March 11th. Citigroup reissued a “market outperform” rating on shares of American Healthcare REIT in a report on Monday, March 2nd. Morgan Stanley boosted their target price on American Healthcare REIT from $52.00 to $55.00 and gave the stock an “overweight” rating in a report on Thursday, November 20th. Finally, UBS Group upped their target price on American Healthcare REIT from $51.00 to $56.00 and gave the stock a “buy” rating in a research report on Monday, November 17th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $53.67.
Get Our Latest Research Report on American Healthcare REIT
Insider Buying and Selling
In other American Healthcare REIT news, Director Jeffrey T. Hanson sold 35,570 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the director owned 19,208 shares in the company, valued at $929,283.04. This trade represents a 64.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.00% of the stock is currently owned by corporate insiders.
American Healthcare REIT Company Profile
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.
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