Robeco Institutional Asset Management B.V. purchased a new stake in American Healthcare REIT, Inc. (NYSE:AHR – Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 15,351 shares of the company’s stock, valued at approximately $722,000.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of AHR. Optiver Holding B.V. boosted its position in American Healthcare REIT by 83.1% in the 3rd quarter. Optiver Holding B.V. now owns 652 shares of the company’s stock valued at $27,000 after buying an additional 296 shares during the last quarter. Trust Co. of Vermont purchased a new stake in American Healthcare REIT during the 3rd quarter worth approximately $28,000. Darwin Wealth Management LLC acquired a new position in shares of American Healthcare REIT in the 2nd quarter valued at approximately $31,000. US Bancorp DE boosted its stake in shares of American Healthcare REIT by 84.8% during the 3rd quarter. US Bancorp DE now owns 1,085 shares of the company’s stock valued at $46,000 after buying an additional 498 shares during the last quarter. Finally, Global Retirement Partners LLC grew its position in shares of American Healthcare REIT by 265.3% during the third 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. 16.68% of the stock is owned by institutional investors and hedge funds.
American Healthcare REIT Stock Down 2.1%
Shares of American Healthcare REIT stock opened at $49.54 on Friday. The stock has a market capitalization of $9.32 billion, a price-to-earnings ratio of 120.83, a PEG ratio of 1.89 and a beta of 1.19. American Healthcare REIT, Inc. has a twelve month low of $29.16 and a twelve month high of $54.67. The company has a current ratio of 0.41, a quick ratio of 0.41 and a debt-to-equity ratio of 0.30. The business’s 50 day simple moving average is $50.49 and its 200-day simple moving average is $47.99.
American Healthcare REIT Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, April 17th. Shareholders of record on Tuesday, March 31st were given a $0.25 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $1.00 annualized dividend and a yield of 2.0%. American Healthcare REIT’s dividend payout ratio is 243.90%.
Wall Street Analyst Weigh In
Several research analysts have weighed in on AHR shares. Truist Financial raised their price objective on shares of American Healthcare REIT from $52.00 to $57.00 and gave the stock a “buy” rating in a report on Thursday, March 12th. Zacks Research lowered shares of American Healthcare REIT from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 1st. Scotiabank lifted their price target on American Healthcare REIT from $55.00 to $59.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, March 11th. Citizens Jmp reissued a “market outperform” rating and issued a $60.00 price objective on shares of American Healthcare REIT in a report on Thursday, February 5th. Finally, BMO Capital Markets started coverage on American Healthcare REIT in a research note on Thursday, January 29th. They set an “outperform” rating and a $55.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $53.67.
Insider Activity at American Healthcare REIT
In other American Healthcare REIT news, EVP Mark E. Foster sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $48.55, for a total value of $97,100.00. Following the sale, the executive vice president owned 56,121 shares in the company, valued at approximately $2,724,674.55. This trade represents a 3.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.92% 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.
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