American Healthcare REIT (NYSE:AHR) Now Covered by Analysts at BMO Capital Markets

BMO Capital Markets began coverage on shares of American Healthcare REIT (NYSE:AHR) in a report issued on Thursday morning, MarketBeat.com reports. The brokerage issued an outperform rating and a $55.00 target price on the stock.

A number of other equities analysts also recently weighed in on the company. JMP Securities upped their price target on American Healthcare REIT from $45.00 to $50.00 and gave the stock a “market outperform” rating in a research report on Friday, October 17th. UBS Group increased their target price on shares of American Healthcare REIT from $51.00 to $56.00 and gave the stock a “buy” rating in a report on Monday, November 17th. Scotiabank raised their target price on shares of American Healthcare REIT from $47.00 to $55.00 and gave the company a “sector outperform” rating in a research report on Thursday, November 13th. Jefferies Financial Group reissued a “buy” rating on shares of American Healthcare REIT in a research report on Monday, December 15th. Finally, Citigroup increased their price objective 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. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.83.

American Healthcare REIT Stock Up 1.9%

AHR stock opened at $47.23 on Thursday. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.44 and a quick ratio of 0.44. The stock has a market capitalization of $8.35 billion, a P/E ratio of 337.32, a P/E/G ratio of 1.76 and a beta of 1.02. American Healthcare REIT has a fifty-two week low of $26.48 and a fifty-two week high of $51.01. The business has a 50-day moving average of $48.08 and a 200-day moving average of $44.32.

American Healthcare REIT Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Wednesday, December 31st were paid a dividend of $0.25 per share. The ex-dividend date was Wednesday, December 31st. This represents a $1.00 annualized dividend and a dividend yield of 2.1%. American Healthcare REIT’s payout ratio is currently 714.29%.

Insider Transactions at American Healthcare REIT

In other American Healthcare REIT news, Director Jeffrey T. Hanson sold 19,208 shares of the company’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 document filed with the SEC, which is accessible through this link. Also, EVP Mark E. Foster sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $49.35, for a total value of $74,025.00. Following the completion of the sale, the executive vice president directly owned 57,600 shares of the company’s stock, valued at approximately $2,842,560. The trade was a 2.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 76,288 shares of company stock worth $3,718,666. 0.92% of the stock is owned by insiders.

Institutional Investors Weigh In On American Healthcare REIT

Large investors have recently added to or reduced their stakes in the business. AQR Capital Management LLC boosted its position in American Healthcare REIT by 170.1% during the first quarter. AQR Capital Management LLC now owns 25,275 shares of the company’s stock worth $766,000 after purchasing an additional 15,918 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of American Healthcare REIT by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 90,521 shares of the company’s stock worth $2,743,000 after buying an additional 3,954 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of American Healthcare REIT by 9.4% during the 1st quarter. NewEdge Advisors LLC now owns 23,509 shares of the company’s stock worth $712,000 after buying an additional 2,011 shares during the period. Focus Partners Wealth grew its stake in American Healthcare REIT by 6.6% in the 1st quarter. Focus Partners Wealth now owns 25,809 shares of the company’s stock valued at $782,000 after buying an additional 1,591 shares during the last quarter. Finally, Acadian Asset Management LLC acquired a new position in American Healthcare REIT in the 1st quarter valued at about $185,000. Institutional investors own 16.68% of the company’s stock.

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.