AlphaQuest LLC Buys New Shares in American Healthcare REIT, Inc. $AHR

AlphaQuest LLC purchased a new position in shares of American Healthcare REIT, Inc. (NYSE:AHR) in the third quarter, according to its most recent filing with the SEC. The firm purchased 13,406 shares of the company’s stock, valued at approximately $563,000.

Several other hedge funds have also recently made changes to their positions in the business. KLP Kapitalforvaltning AS lifted its stake in shares of American Healthcare REIT by 0.9% in the 3rd quarter. KLP Kapitalforvaltning AS now owns 33,300 shares of the company’s stock valued at $1,406,000 after purchasing an additional 300 shares during the period. GAMMA Investing LLC lifted its stake in American Healthcare REIT by 19.6% in the third quarter. GAMMA Investing LLC now owns 2,053 shares of the company’s stock valued at $86,000 after buying an additional 337 shares during the period. California State Teachers Retirement System lifted its stake in American Healthcare REIT by 0.3% in the second quarter. California State Teachers Retirement System now owns 140,769 shares of the company’s stock valued at $5,172,000 after buying an additional 406 shares during the period. Lion Street Advisors LLC boosted its holdings in shares of American Healthcare REIT by 6.2% during the 2nd quarter. Lion Street Advisors LLC now owns 7,373 shares of the company’s stock worth $271,000 after buying an additional 430 shares in the last quarter. Finally, J.Safra Asset Management Corp grew its position in shares of American Healthcare REIT by 8.3% during the 2nd quarter. J.Safra Asset Management Corp now owns 6,271 shares of the company’s stock worth $226,000 after buying an additional 480 shares during the period. 16.68% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

AHR has been the topic of a number of research reports. Zacks Research downgraded shares of American Healthcare REIT from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. JMP Securities upped 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. BMO Capital Markets began coverage on American Healthcare REIT in a report on Thursday, January 29th. They issued an “outperform” rating and a $55.00 target price on the stock. Royal Bank Of Canada upped their price objective on shares of American Healthcare REIT from $45.00 to $54.00 and gave the stock an “outperform” rating in a report on Wednesday, November 12th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of American Healthcare REIT in a report on Monday, December 15th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, American Healthcare REIT presently has an average rating of “Moderate Buy” and an average price target of $51.83.

American Healthcare REIT Stock Down 2.9%

American Healthcare REIT stock opened at $46.76 on Thursday. American Healthcare REIT, Inc. has a fifty-two week low of $26.48 and a fifty-two week high of $51.01. The firm’s 50-day simple moving average is $47.94 and its 200 day simple moving average is $44.64. The stock has a market cap of $8.27 billion, a PE ratio of 334.00, a price-to-earnings-growth ratio of 1.83 and a beta of 1.03. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.44 and a current ratio of 0.44.

American Healthcare REIT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Wednesday, December 31st were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Wednesday, December 31st. American Healthcare REIT’s dividend payout ratio is 714.29%.

Insider Buying and Selling at American Healthcare REIT

In other news, Director Jeffrey T. Hanson sold 19,208 shares of American Healthcare REIT stock in a transaction on Tuesday, December 23rd. The stock was sold at an average price of $48.40, for a total transaction of $929,667.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Mark E. Foster sold 1,500 shares of the stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $49.35, for a total transaction 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 position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 76,288 shares of company stock valued at $3,718,666. Insiders own 0.92% of the company’s stock.

American Healthcare REIT Company Profile

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.