American Healthcare REIT, Inc. (NYSE:AHR) Receives $26.00 Average PT from Analysts

American Healthcare REIT, Inc. (NYSE:AHR) has been assigned a consensus recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $26.00.

A number of research analysts have issued reports on the company. Truist Financial lifted their price objective on American Healthcare REIT from $27.00 to $29.00 and gave the company a “buy” rating in a report on Friday, November 15th. Royal Bank of Canada lifted their price target on shares of American Healthcare REIT from $28.00 to $30.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Finally, Morgan Stanley boosted their price target on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company an “overweight” rating in a research report on Monday, December 30th.

Hedge Funds Weigh In On American Healthcare REIT

A number of large investors have recently modified their holdings of AHR. Charles Schwab Investment Management Inc. increased its holdings in shares of American Healthcare REIT by 118.4% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,907,986 shares of the company’s stock valued at $49,798,000 after purchasing an additional 1,034,365 shares in the last quarter. Janus Henderson Group PLC boosted its position in American Healthcare REIT by 79.8% in the 3rd quarter. Janus Henderson Group PLC now owns 94,112 shares of the company’s stock valued at $2,456,000 after buying an additional 41,755 shares during the last quarter. Foundations Investment Advisors LLC acquired a new stake in shares of American Healthcare REIT in the 3rd quarter valued at $568,000. Swiss National Bank increased its stake in shares of American Healthcare REIT by 126.6% in the 3rd quarter. Swiss National Bank now owns 291,400 shares of the company’s stock valued at $7,606,000 after buying an additional 162,800 shares during the period. Finally, Hilton Capital Management LLC bought a new stake in shares of American Healthcare REIT during the third quarter worth $4,777,000. 16.68% of the stock is currently owned by institutional investors and hedge funds.

American Healthcare REIT Price Performance

American Healthcare REIT stock opened at $27.32 on Monday. The business has a 50 day simple moving average of $28.24 and a 200 day simple moving average of $25.75. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37. The company has a market capitalization of $4.18 billion and a PE ratio of -56.91. American Healthcare REIT has a one year low of $12.81 and a one year high of $29.99.

American Healthcare REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 3.66%. The ex-dividend date of this dividend was Tuesday, December 31st. American Healthcare REIT’s payout ratio is presently -208.33%.

About American Healthcare REIT

Formed by the successful merger of Griffin-American Healthcare REIT III and Griffin-American Healthcare REIT IV, as well as the acquisition of the business and operations of American Healthcare Investors, American Healthcare REIT is one of the larger healthcare-focused real estate investment trusts globally with assets totaling approximately $4.2 billion in gross investment value.