American Healthcare REIT, Inc. (NYSE:AHR) Receives Average Recommendation of “Moderate Buy” from Analysts

American Healthcare REIT, Inc. (NYSE:AHR) has received a consensus recommendation of “Moderate Buy” from the eight research firms that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $26.00.

Several research firms recently issued reports on AHR. Royal Bank of Canada upped their price objective on shares of American Healthcare REIT from $28.00 to $30.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Morgan Stanley upped their price target on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company an “overweight” rating in a report on Monday, December 30th. Finally, Truist Financial lifted their price objective on American Healthcare REIT from $27.00 to $29.00 and gave the stock a “buy” rating in a research note on Friday, November 15th.

Hedge Funds Weigh In On American Healthcare REIT

Large investors have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. increased its position in shares of American Healthcare REIT by 118.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,907,986 shares of the company’s stock valued at $49,798,000 after purchasing an additional 1,034,365 shares during the period. Janus Henderson Group PLC boosted its stake in American Healthcare REIT by 79.8% during the third quarter. Janus Henderson Group PLC now owns 94,112 shares of the company’s stock worth $2,456,000 after buying an additional 41,755 shares in the last quarter. Foundations Investment Advisors LLC bought a new stake in American Healthcare REIT in the 3rd quarter valued at $568,000. Swiss National Bank lifted its holdings in shares of American Healthcare REIT by 126.6% during the 3rd quarter. Swiss National Bank now owns 291,400 shares of the company’s stock worth $7,606,000 after acquiring an additional 162,800 shares during the period. Finally, Hilton Capital Management LLC acquired a new stake in shares of American Healthcare REIT during the 3rd quarter valued at about $4,777,000. Institutional investors and hedge funds own 16.68% of the company’s stock.

American Healthcare REIT Trading Down 2.0 %

Shares of AHR stock opened at $27.32 on Monday. American Healthcare REIT has a 12 month low of $12.81 and a 12 month high of $29.99. The company has a market cap of $4.18 billion and a PE ratio of -56.91. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.59. The business’s 50 day moving average is $28.24 and its two-hundred day moving average is $25.75.

American Healthcare REIT Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Tuesday, 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 3.66%. The ex-dividend date was Tuesday, December 31st. American Healthcare REIT’s dividend payout ratio (DPR) is presently -208.33%.

About American Healthcare REIT

Formed by the successful merger of Griffin-American Healthcare REIT III and Griffin-American Healthcare REIT IV, as well as the acquisition of the business and operations of American Healthcare Investors, American Healthcare REIT is one of the larger healthcare-focused real estate investment trusts globally with assets totaling approximately $4.2 billion in gross investment value.