Short Interest in American Healthcare REIT, Inc. (NYSE:AHR) Expands By 24.6%

American Healthcare REIT, Inc. (NYSE:AHR) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 18,587,361 shares, an increase of 24.6% from the December 15th total of 14,922,640 shares. Currently, 10.6% of the shares of the company are short sold. Based on an average daily volume of 1,808,427 shares, the days-to-cover ratio is currently 10.3 days. Based on an average daily volume of 1,808,427 shares, the days-to-cover ratio is currently 10.3 days. Currently, 10.6% of the shares of the company are short sold.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Citigroup increased their price objective on American Healthcare REIT from $45.00 to $52.00 and gave the stock a “neutral” rating in a research report on Friday, November 21st. JMP Securities boosted their price target on American Healthcare REIT from $45.00 to $50.00 and gave the stock a “market outperform” rating in a research note on Friday, October 17th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of American Healthcare REIT in a research note on Wednesday, October 8th. Royal Bank Of Canada boosted their target price on American Healthcare REIT from $45.00 to $54.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 12th. Finally, Zacks Research lowered shares of American Healthcare REIT from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $51.64.

American Healthcare REIT Trading Up 0.2%

NYSE:AHR traded up $0.08 during mid-day trading on Monday, reaching $48.06. The company’s stock had a trading volume of 2,092,411 shares, compared to its average volume of 1,465,345. American Healthcare REIT has a twelve month low of $26.48 and a twelve month high of $51.01. The company’s fifty day simple moving average is $48.41 and its two-hundred day simple moving average is $43.77. 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 cap of $8.50 billion, a P/E ratio of 343.29, a P/E/G ratio of 1.82 and a beta of 1.02.

American Healthcare REIT Dividend Announcement

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 $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Wednesday, December 31st. American Healthcare REIT’s payout ratio is currently 714.29%.

Insider Transactions at American Healthcare REIT

In other news, EVP Mark E. Foster sold 1,500 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $49.35, for a total value of $74,025.00. Following the transaction, the executive vice president 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jeffrey T. Hanson sold 19,208 shares of American Healthcare REIT stock in a transaction on Tuesday, December 23rd. The shares were sold at an average price of $48.40, for a total transaction of $929,667.20. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 76,288 shares of company stock valued at $3,718,666 over the last ninety days. Corporate insiders own 0.92% of the company’s stock.

Hedge Funds Weigh In On American Healthcare REIT

A number of hedge funds have recently made changes to their positions in the business. American Century Companies Inc. increased its holdings in American Healthcare REIT by 103.6% in the 2nd quarter. American Century Companies Inc. now owns 2,556,000 shares of the company’s stock valued at $93,907,000 after purchasing an additional 1,300,743 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of American Healthcare REIT by 173.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,459,471 shares of the company’s stock valued at $61,311,000 after buying an additional 924,834 shares during the period. Cbre Investment Management Listed Real Assets LLC lifted its position in American Healthcare REIT by 178.8% during the 3rd quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,314,139 shares of the company’s stock worth $55,207,000 after acquiring an additional 842,785 shares in the last quarter. Invesco Ltd. boosted its holdings in American Healthcare REIT by 15.9% in the 2nd quarter. Invesco Ltd. now owns 5,820,530 shares of the company’s stock worth $213,846,000 after acquiring an additional 798,075 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in American Healthcare REIT by 20.5% in the 2nd quarter. Geode Capital Management LLC now owns 4,578,867 shares of the company’s stock worth $174,882,000 after acquiring an additional 779,109 shares during the period. Hedge funds and other institutional investors own 16.68% of the company’s stock.

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.