American Healthcare REIT, Inc. $AHR Shares Sold by Rhumbline Advisers

Rhumbline Advisers trimmed its stake in American Healthcare REIT, Inc. (NYSE:AHR) by 6.8% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 254,716 shares of the company’s stock after selling 18,731 shares during the quarter. Rhumbline Advisers’ holdings in American Healthcare REIT were worth $10,701,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Trust Co. of Vermont acquired a new position in shares of American Healthcare REIT in the 3rd quarter valued at $28,000. Darwin Wealth Management LLC acquired a new position in American Healthcare REIT in the second quarter valued at $31,000. Total Investment Management Inc. acquired a new position in American Healthcare REIT in the second quarter valued at $32,000. Global Retirement Partners LLC grew its position in American Healthcare REIT by 265.3% during the third quarter. Global Retirement Partners LLC now owns 1,158 shares of the company’s stock valued at $49,000 after acquiring an additional 841 shares during the period. Finally, State of Wyoming acquired a new stake in American Healthcare REIT during the second quarter worth about $61,000. Hedge funds and other institutional investors own 16.68% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on AHR shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Healthcare REIT in a research note on Wednesday, January 21st. Royal Bank Of Canada lifted their price target on shares of American Healthcare REIT from $45.00 to $54.00 and gave the company an “outperform” rating in a research report on Wednesday, November 12th. BMO Capital Markets began coverage on shares of American Healthcare REIT in a research report on Thursday, January 29th. They issued an “outperform” rating and a $55.00 price objective for the company. Zacks Research downgraded shares of American Healthcare REIT from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 1st. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of American Healthcare REIT in a research report on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, American Healthcare REIT presently has an average rating of “Moderate Buy” and an average price target of $52.00.

Insider Buying and Selling

In other American Healthcare REIT news, Director Jeffrey T. Hanson sold 35,570 shares of the company’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $48.38, for a total value of $1,720,876.60. Following the completion of the transaction, the director directly owned 19,208 shares of the company’s stock, valued at $929,283.04. This represents a 64.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.92% of the stock is owned by corporate insiders.

American Healthcare REIT Stock Down 0.5%

Shares of NYSE:AHR opened at $51.90 on Friday. The company has a market capitalization of $9.18 billion, a price-to-earnings ratio of 370.72, a price-to-earnings-growth ratio of 1.98 and a beta of 1.03. The company has a 50 day moving average of $48.32 and a two-hundred day moving average of $45.68. American Healthcare REIT, Inc. has a 52-week low of $26.48 and a 52-week high of $53.10. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.37.

American Healthcare REIT Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Wednesday, December 31st were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.00 annualized dividend and a yield of 1.9%. American Healthcare REIT’s payout ratio is 714.29%.

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.