American Healthcare REIT (NYSE:AHR) Stock Price Breaks Above 50-Day Moving Average – Here’s What Happened

Shares of American Healthcare REIT, Inc. (NYSE:AHR) passed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $53.39 and traded as high as $53.78. American Healthcare REIT shares last traded at $53.5130, with a volume of 1,971,257 shares.

Analyst Upgrades and Downgrades

Several research analysts have commented on AHR shares. UBS Group dropped their price objective on shares of American Healthcare REIT from $63.00 to $62.00 and set a “buy” rating for the company in a report on Tuesday, October 13th. Scotiabank lifted their target price on American Healthcare REIT from $56.00 to $62.00 and gave the stock an “outperform” rating in a report on Wednesday, September 2nd. Truist Financial lifted their target price on American Healthcare REIT from $57.00 to $61.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Royal Bank Of Canada boosted their target price on American Healthcare REIT from $56.00 to $61.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. Finally, KeyCorp increased their price target on American Healthcare REIT from $58.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday, August 19th. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $62.00.

American Healthcare REIT Stock Performance

The business’s fifty day moving average is $53.39 and its two-hundred day moving average is $51.35. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 0.24. The stock has a market capitalization of $11.67 billion, a PE ratio of 78.70, a price-to-earnings-growth ratio of 1.29 and a beta of 0.79.

American Healthcare REIT (NYSE:AHR) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.02. The company had revenue of $674.25 million for the quarter, compared to analysts’ expectations of $645.30 million. American Healthcare REIT had a net margin of 4.84% and a return on equity of 3.63%. American Healthcare REIT’s quarterly revenue was up 24.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.42 earnings per share. American Healthcare REIT has set its FY 2026 guidance at 2.150-2.190 EPS. As a group, research analysts anticipate that American Healthcare REIT, Inc. will post 2.19 EPS for the current fiscal year.

American Healthcare REIT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Wednesday, September 30th were given a dividend of $0.25 per share. The ex-dividend date was Wednesday, September 30th. This represents a $1.00 annualized dividend and a yield of 1.9%. American Healthcare REIT’s dividend payout ratio (DPR) is 147.06%.

Insider Activity at American Healthcare REIT

In other American Healthcare REIT news, EVP Mark Foster sold 2,000 shares of American Healthcare REIT stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $55.39, for a total value of $110,780.00. Following the completion of the transaction, the executive vice president directly owned 51,617 shares of the company’s stock, valued at $2,859,065.63. This trade represents a 3.73% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.75% of the stock is owned by insiders.

Institutional Trading of American Healthcare REIT

Several hedge funds have recently made changes to their positions in the business. Wellington Management Group LLP lifted its holdings in shares of American Healthcare REIT by 4.5% in the 2nd quarter. Wellington Management Group LLP now owns 8,658,850 shares of the company’s stock valued at $451,559,000 after acquiring an additional 375,063 shares during the last quarter. Principal Financial Group Inc. grew its position in American Healthcare REIT by 3.2% in the first quarter. Principal Financial Group Inc. now owns 7,423,206 shares of the company’s stock worth $350,079,000 after acquiring an additional 228,739 shares in the last quarter. WCM Investment Management LLC grew its position in American Healthcare REIT by 0.5% in the first quarter. WCM Investment Management LLC now owns 3,425,295 shares of the company’s stock worth $160,749,000 after acquiring an additional 17,020 shares in the last quarter. Bank of America Corp DE increased its stake in American Healthcare REIT by 28.1% during the first quarter. Bank of America Corp DE now owns 3,236,592 shares of the company’s stock worth $152,638,000 after acquiring an additional 710,601 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in American Healthcare REIT by 33.1% during the first quarter. Dimensional Fund Advisors LP now owns 2,682,894 shares of the company’s stock worth $126,524,000 after acquiring an additional 666,820 shares during the last quarter. 16.68% of the stock is currently owned by hedge funds and other institutional investors.

American Healthcare REIT Company Profile

American Healthcare REIT, Inc is a self-managed real estate investment trust focused on owning and operating healthcare-related properties. The company provides real estate infrastructure for healthcare providers and senior-care operators through a diversified portfolio of properties serving patients, residents, and medical professionals.

Its investments include outpatient medical office buildings, integrated senior health campuses, skilled nursing facilities, senior housing communities, and other healthcare facilities.