Allianz Asset Management GmbH Acquires 170,709 Shares of American Healthcare REIT, Inc. $AHR

Allianz Asset Management GmbH raised its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 188.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 261,188 shares of the company’s stock after buying an additional 170,709 shares during the period. Allianz Asset Management GmbH’s holdings in American Healthcare REIT were worth $10,973,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of AHR. Trust Co. of Vermont acquired a new position in American Healthcare REIT in the 3rd quarter valued at about $28,000. Darwin Wealth Management LLC bought a new stake in American Healthcare REIT in the 2nd quarter valued at $31,000. Total Investment Management Inc. bought a new position in American Healthcare REIT during the 2nd quarter worth $32,000. Global Retirement Partners LLC boosted its position in shares of American Healthcare REIT by 265.3% in the third quarter. Global Retirement Partners LLC now owns 1,158 shares of the company’s stock valued at $49,000 after acquiring an additional 841 shares during the period. Finally, State of Wyoming acquired a new position in shares of American Healthcare REIT in the second quarter valued at about $61,000. 16.68% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. BMO Capital Markets assumed coverage on American Healthcare REIT in a research note on Thursday, January 29th. They issued an “outperform” rating and a $55.00 price target for the company. JMP Securities upped their price objective on shares of American Healthcare REIT from $45.00 to $50.00 and gave the stock a “market outperform” rating in a research report on Friday, October 17th. Citigroup upped their target price on American Healthcare REIT from $45.00 to $52.00 and gave the stock a “neutral” rating in a report on Friday, November 21st. Truist Financial decreased their price target on shares of American Healthcare REIT from $53.00 to $52.00 and set a “buy” rating for the company in a research report on Tuesday, January 20th. Finally, UBS Group lifted their target price on American Healthcare REIT from $51.00 to $56.00 and gave the stock a “buy” rating in a report on Monday, November 17th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $51.83.

Insider Activity at American Healthcare REIT

In other American Healthcare REIT news, Director Jeffrey T. Hanson sold 35,570 shares of the stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $48.38, for a total transaction of $1,720,876.60. Following the completion of the transaction, the director directly owned 19,208 shares of the company’s stock, valued at approximately $929,283.04. This represents a 64.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Mark E. Foster sold 1,500 shares of the business’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $49.35, for a total value of $74,025.00. Following the completion of the sale, the executive vice president owned 57,600 shares in the company, valued at approximately $2,842,560. The trade was a 2.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 56,278 shares of company stock worth $2,724,569. 1.00% of the stock is owned by company insiders.

American Healthcare REIT Price Performance

AHR opened at $48.84 on Monday. American Healthcare REIT, Inc. has a fifty-two week low of $26.48 and a fifty-two week high of $51.01. The firm has a 50-day moving average of $47.86 and a 200 day moving average of $44.84. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.44 and a current ratio of 0.44. The firm has a market cap of $8.64 billion, a P/E ratio of 348.86, a PEG ratio of 1.85 and a beta of 1.03.

American Healthcare REIT Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Wednesday, December 31st were paid a dividend of $0.25 per share. The ex-dividend date was Wednesday, December 31st. This represents a $1.00 annualized dividend and a dividend yield of 2.0%. American Healthcare REIT’s dividend payout ratio (DPR) is presently 714.29%.

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.