American Healthcare REIT, Inc. $AHR Shares Purchased by Greenland Capital Management LP

Greenland Capital Management LP boosted its holdings in American Healthcare REIT, Inc. (NYSE:AHR) by 85.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 91,000 shares of the company’s stock after buying an additional 41,876 shares during the quarter. Greenland Capital Management LP’s holdings in American Healthcare REIT were worth $3,823,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Trust Co. of Vermont acquired a new position in shares of American Healthcare REIT during the 3rd quarter worth about $28,000. Darwin Wealth Management LLC purchased a new stake in American Healthcare REIT during the second quarter worth approximately $31,000. Total Investment Management Inc. purchased a new stake in American Healthcare REIT during the second quarter worth approximately $32,000. Global Retirement Partners LLC boosted its holdings in 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 purchasing an additional 841 shares in the last quarter. Finally, State of Wyoming purchased a new position in American Healthcare REIT in the second quarter valued at approximately $61,000. 16.68% of the stock is currently owned by institutional investors and hedge funds.

American Healthcare REIT Price Performance

Shares of NYSE:AHR opened at $52.47 on Tuesday. The company has a 50-day simple moving average of $48.43 and a 200-day simple moving average of $45.85. American Healthcare REIT, Inc. has a one year low of $26.48 and a one year high of $53.10. 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 stock has a market capitalization of $9.28 billion, a price-to-earnings ratio of 374.79, a PEG ratio of 1.97 and a beta of 1.03.

American Healthcare REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Wednesday, December 31st were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Wednesday, December 31st. American Healthcare REIT’s dividend payout ratio (DPR) is presently 714.29%.

Wall Street Analyst Weigh In

AHR has been the subject of several recent analyst reports. Royal Bank Of Canada boosted their price objective on shares of American Healthcare REIT from $45.00 to $54.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 12th. Zacks Research cut shares of American Healthcare REIT from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. Jefferies Financial Group restated a “buy” rating on shares of American Healthcare REIT in a research note on Monday, December 15th. Scotiabank lifted their target price on American Healthcare REIT from $47.00 to $55.00 and gave the stock a “sector outperform” rating in a research report on Thursday, November 13th. Finally, KeyCorp boosted their target price on American Healthcare REIT from $43.00 to $55.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $52.00.

Insiders Place Their Bets

In other American Healthcare REIT news, Director Jeffrey T. Hanson sold 19,208 shares of American Healthcare REIT stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $48.40, for a total value of $929,667.20. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 1.00% 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.