Vanguard Group Inc. Increases Stock Holdings in American Healthcare REIT, Inc. $AHR

Vanguard Group Inc. increased its stake in shares of American Healthcare REIT, Inc. (NYSE:AHRFree Report) by 2.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 23,529,739 shares of the company’s stock after purchasing an additional 611,809 shares during the period. Vanguard Group Inc. owned approximately 0.14% of American Healthcare REIT worth $988,484,000 as of its most recent SEC filing.

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 during the third quarter worth $28,000. Darwin Wealth Management LLC acquired a new stake in American Healthcare REIT during the 2nd quarter valued at $31,000. Total Investment Management Inc. purchased a new stake in American Healthcare REIT during the 2nd quarter worth $32,000. Global Retirement Partners LLC lifted its holdings in American Healthcare REIT by 265.3% in the 3rd quarter. Global Retirement Partners LLC now owns 1,158 shares of the company’s stock worth $49,000 after buying an additional 841 shares in the last quarter. Finally, State of Wyoming purchased a new position in American Healthcare REIT in the 2nd quarter valued at about $61,000. Institutional investors and hedge funds own 16.68% of the company’s stock.

Insider Transactions at American Healthcare REIT

In other American Healthcare REIT news, Director Jeffrey T. Hanson sold 35,570 shares of American Healthcare REIT stock in a transaction on 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 owned 19,208 shares of the company’s stock, valued at $929,283.04. The trade was a 64.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. 0.92% of the stock is owned by company insiders.

American Healthcare REIT Trading Down 0.5%

Shares of NYSE AHR opened at $51.90 on Friday. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.37. The stock’s 50 day moving average price is $48.32 and its two-hundred day moving average price is $45.71. American Healthcare REIT, Inc. has a 52-week low of $26.48 and a 52-week high of $53.10. The stock has a market capitalization of $9.18 billion, a P/E ratio of 370.72, a PEG ratio of 1.97 and a beta of 1.03.

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 given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Wednesday, December 31st. American Healthcare REIT’s dividend payout ratio is currently 714.29%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on AHR. Zacks Research lowered American Healthcare REIT from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. BMO Capital Markets assumed coverage on American Healthcare REIT in a research note on Thursday, January 29th. They set an “outperform” rating and a $55.00 price objective for the company. Royal Bank Of Canada upped their target price on American Healthcare REIT from $45.00 to $54.00 and gave the company an “outperform” rating in a research report on Wednesday, November 12th. Jefferies Financial Group reiterated a “buy” rating on shares of American Healthcare REIT in a research note on Monday, December 15th. Finally, Citizens Jmp restated a “market outperform” rating and issued a $60.00 price target on shares of American Healthcare REIT in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, American Healthcare REIT has a consensus rating of “Moderate Buy” and an average price target of $52.00.

Read Our Latest Report on American Healthcare REIT

About American Healthcare REIT

(Free Report)

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.

See Also

Want to see what other hedge funds are holding AHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Healthcare REIT, Inc. (NYSE:AHRFree Report).

Institutional Ownership by Quarter for American Healthcare REIT (NYSE:AHR)

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