Citizens Jmp Reaffirms Market Outperform Rating for American Healthcare REIT (NYSE:AHR)

American Healthcare REIT (NYSE:AHR)‘s stock had its “market outperform” rating reaffirmed by Citizens Jmp in a research note issued on Thursday,Benzinga reports. They presently have a $60.00 price objective on the stock. Citizens Jmp’s target price indicates a potential upside of 25.18% from the company’s previous close.

A number of other equities analysts have also weighed in on the company. Royal Bank Of Canada boosted their price objective on American Healthcare REIT from $45.00 to $54.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 12th. Truist Financial lowered their price target on shares of American Healthcare REIT from $53.00 to $52.00 and set a “buy” rating on the stock in a research report on Tuesday, January 20th. KeyCorp raised their price objective on shares of American Healthcare REIT from $43.00 to $55.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. BMO Capital Markets began coverage on shares of American Healthcare REIT in a research note on Thursday, January 29th. They set an “outperform” rating and a $55.00 target price on the stock. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of American Healthcare REIT in a report on Wednesday, January 21st. One 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. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $51.83.

American Healthcare REIT Price Performance

Shares of American Healthcare REIT stock traded up $1.11 on Thursday, hitting $47.93. 1,638,905 shares of the company were exchanged, compared to its average volume of 3,290,362. 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 company has a 50-day moving average price of $47.94 and a 200 day moving average price of $44.64. The stock has a market capitalization of $8.48 billion, a price-to-earnings ratio of 341.83, a price-to-earnings-growth ratio of 1.83 and a beta of 1.03. American Healthcare REIT has a 1-year low of $26.48 and a 1-year high of $51.01.

Insiders Place Their Bets

In other American Healthcare REIT news, Director Jeffrey T. Hanson sold 35,570 shares of American Healthcare REIT stock in a transaction dated Monday, December 22nd. The stock was 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. The trade was a 64.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Mark E. Foster sold 1,500 shares of the business’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $49.35, for a total transaction of $74,025.00. Following the sale, the executive vice president owned 57,600 shares in the company, valued at $2,842,560. This trade represents a 2.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 76,288 shares of company stock worth $3,718,666 over the last 90 days. 0.92% of the stock is owned by insiders.

Institutional Investors Weigh In On American Healthcare REIT

Several large investors have recently added to or reduced their stakes in the business. Optiver Holding B.V. grew its stake in shares of American Healthcare REIT by 83.1% in the third quarter. Optiver Holding B.V. now owns 652 shares of the company’s stock worth $27,000 after acquiring an additional 296 shares in the last quarter. Trust Co. of Vermont purchased a new position in American Healthcare REIT in the third quarter valued at $28,000. Darwin Wealth Management LLC acquired a new position in American Healthcare REIT during the 2nd quarter worth $31,000. Total Investment Management Inc. acquired a new position in American Healthcare REIT during the 2nd quarter worth $32,000. Finally, US Bancorp DE increased its holdings in American Healthcare REIT by 84.8% during the 3rd quarter. US Bancorp DE now owns 1,085 shares of the company’s stock worth $46,000 after purchasing an additional 498 shares during the period. 16.68% of the stock is owned by hedge funds and other institutional investors.

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.