22,475 Shares in American Healthcare REIT, Inc. $AHR Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans acquired a new stake in shares of American Healthcare REIT, Inc. (NYSE:AHR) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 22,475 shares of the company’s stock, valued at approximately $944,000.

Several other institutional investors have also recently made changes to their positions in AHR. State Street Corp boosted its holdings in American Healthcare REIT by 6.5% in the second quarter. State Street Corp now owns 6,902,944 shares of the company’s stock valued at $255,289,000 after purchasing an additional 422,931 shares during the last quarter. Invesco Ltd. boosted its stake in shares of American Healthcare REIT by 15.9% in the second quarter. Invesco Ltd. now owns 5,820,530 shares of the company’s stock worth $213,846,000 after buying an additional 798,075 shares during the last quarter. Alliancebernstein L.P. grew its holdings in American Healthcare REIT by 16.7% during the second quarter. Alliancebernstein L.P. now owns 5,318,866 shares of the company’s stock worth $195,415,000 after acquiring an additional 759,501 shares during the period. Geode Capital Management LLC raised its position in American Healthcare REIT by 20.5% during the second quarter. Geode Capital Management LLC now owns 4,578,867 shares of the company’s stock valued at $174,882,000 after acquiring an additional 779,109 shares in the last quarter. Finally, Prudential Financial Inc. lifted its holdings in American Healthcare REIT by 5.5% in the second quarter. Prudential Financial Inc. now owns 2,732,663 shares of the company’s stock valued at $100,398,000 after acquiring an additional 141,427 shares during the period. Hedge funds and other institutional investors own 16.68% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Healthcare REIT in a research note on Wednesday, January 21st. Citizens Jmp restated a “market outperform” rating and set a $60.00 price target on shares of American Healthcare REIT in a research report on Thursday, February 5th. Scotiabank upped their price objective on shares of American Healthcare REIT from $47.00 to $55.00 and gave the stock a “sector outperform” rating in a research report on Thursday, November 13th. KeyCorp increased their target price on shares of American Healthcare REIT from $43.00 to $55.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Finally, Zacks Research lowered American Healthcare REIT from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 1st. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $51.83.

Insider Buying and Selling

In other news, Director Jeffrey T. Hanson sold 19,208 shares of the firm’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $48.40, for a total value of $929,667.20. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 1.00% of the company’s stock.

American Healthcare REIT Stock Performance

AHR opened at $51.79 on Monday. The company has a market cap of $9.16 billion, a price-to-earnings ratio of 369.96, a PEG ratio of 1.96 and a beta of 1.03. The firm’s fifty day simple moving average is $47.93 and its two-hundred day simple moving average is $45.31. 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, Inc. has a 52-week low of $26.48 and a 52-week high of $52.47.

American Healthcare REIT Announces Dividend

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