Mark Foster Sells 2,500 Shares of American Healthcare REIT (NYSE:AHR) Stock

American Healthcare REIT, Inc. (NYSE:AHRGet Free Report) EVP Mark Foster sold 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $48.58, for a total transaction of $121,450.00. Following the completion of the sale, the executive vice president directly owned 52,995 shares of the company’s stock, valued at approximately $2,574,497.10. This represents a 4.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

American Healthcare REIT Stock Performance

NYSE:AHR opened at $50.83 on Friday. The company has a 50-day moving average of $49.11 and a 200-day moving average of $49.10. The firm has a market cap of $9.80 billion, a price-to-earnings ratio of 87.63, a price-to-earnings-growth ratio of 1.71 and a beta of 0.80. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.28. American Healthcare REIT, Inc. has a twelve month low of $35.52 and a twelve month high of $54.67.

American Healthcare REIT (NYSE:AHRGet Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.34). American Healthcare REIT had a net margin of 4.23% and a return on equity of 3.33%. The company had revenue of $650.77 million during the quarter, compared to the consensus estimate of $667.57 million. During the same period in the prior year, the company posted $0.38 EPS. American Healthcare REIT’s quarterly revenue was up 20.4% on a year-over-year basis. American Healthcare REIT has set its FY 2026 guidance at 2.030-2.090 EPS. Analysts forecast that American Healthcare REIT, Inc. will post 2.07 earnings per share for the current fiscal year.

American Healthcare REIT Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Tuesday, June 30th will be given a $0.25 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.0%. American Healthcare REIT’s dividend payout ratio (DPR) is 172.41%.

Institutional Trading of American Healthcare REIT

Hedge funds have recently made changes to their positions in the stock. AQR Capital Management LLC increased its stake in American Healthcare REIT by 170.1% in the 1st quarter. AQR Capital Management LLC now owns 25,275 shares of the company’s stock valued at $766,000 after buying an additional 15,918 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in American Healthcare REIT by 4.6% in 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 in the last quarter. NewEdge Advisors LLC boosted its stake 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 valued at $712,000 after buying an additional 2,011 shares during the period. Focus Partners Wealth grew its holdings in shares of American Healthcare REIT by 6.6% during the 1st quarter. Focus Partners Wealth now owns 25,809 shares of the company’s stock valued at $782,000 after acquiring an additional 1,591 shares in the last quarter. Finally, Acadian Asset Management LLC acquired a new position in shares of American Healthcare REIT in the first quarter worth $185,000. 16.68% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Weiss Ratings downgraded American Healthcare REIT from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 2nd. KeyCorp lifted their target price on shares of American Healthcare REIT from $55.00 to $58.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. Royal Bank Of Canada boosted their price target on shares of American Healthcare REIT from $54.00 to $56.00 and gave the company an “outperform” rating in a report on Tuesday, May 26th. Truist Financial upped their price target on shares of American Healthcare REIT from $52.00 to $57.00 and gave the company a “buy” rating in a research report on Thursday, March 12th. Finally, Citigroup upgraded shares of American Healthcare REIT from a “neutral” rating to a “buy” rating and set a $55.00 price objective on the stock in a research report on Monday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $54.91.

Check Out Our Latest Analysis on AHR

About American Healthcare REIT

(Get 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.

Further Reading

Insider Buying and Selling by Quarter for American Healthcare REIT (NYSE:AHR)

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