Truist Financial Lowers American Healthcare REIT (NYSE:AHR) Price Target to $52.00

American Healthcare REIT (NYSE:AHR) had its price objective lowered by stock analysts at Truist Financial from $53.00 to $52.00 in a report issued on Tuesday, MarketBeat.com reports. The firm currently has a “buy” rating on the stock. Truist Financial’s price objective points to a potential upside of 8.20% from the company’s previous close.

A number of other equities research analysts have also recently commented on AHR. Zacks Research cut shares of American Healthcare REIT from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 1st. JMP Securities increased 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 note on Friday, October 17th. UBS Group lifted their target price on shares of American Healthcare REIT from $51.00 to $56.00 and gave the company a “buy” rating in a research note on Monday, November 17th. Citigroup raised their price target on American Healthcare REIT from $45.00 to $52.00 and gave the company a “neutral” rating in a report on Friday, November 21st. Finally, Citizens Jmp boosted their price objective on American Healthcare REIT from $50.00 to $60.00 and gave the company a “market outperform” rating in a research report on Monday, November 10th. 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 company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $51.55.

American Healthcare REIT Stock Up 0.2%

NYSE AHR opened at $48.06 on Tuesday. American Healthcare REIT has a 52 week low of $26.48 and a 52 week high of $51.01. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.37. The company has a market capitalization of $8.50 billion, a P/E ratio of 343.29, a price-to-earnings-growth ratio of 1.82 and a beta of 1.02. The stock’s 50-day moving average price is $48.38 and its 200-day moving average price is $43.85.

Insider Activity

In other American Healthcare REIT news, EVP Mark E. Foster sold 1,500 shares of American Healthcare REIT stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $49.35, for a total value of $74,025.00. Following the sale, the executive vice president owned 57,600 shares of the company’s stock, valued at $2,842,560. The trade was a 2.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Jeffrey T. Hanson sold 19,208 shares of the stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of $48.40, for a total value of $929,667.20. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 76,288 shares of company stock worth $3,718,666 over the last ninety days. Insiders own 1.00% of the company’s stock.

Institutional Investors Weigh In On American Healthcare REIT

A number of hedge funds have recently bought and sold shares of the business. Optiver Holding B.V. increased its holdings in shares of American Healthcare REIT by 83.1% in the 3rd quarter. Optiver Holding B.V. now owns 652 shares of the company’s stock worth $27,000 after buying an additional 296 shares during the last quarter. Trust Co. of Vermont purchased a new position in American Healthcare REIT in the third quarter worth about $28,000. Darwin Wealth Management LLC purchased a new position in American Healthcare REIT in the second quarter worth about $31,000. Total Investment Management Inc. bought a new stake in American Healthcare REIT during the second quarter worth approximately $32,000. Finally, US Bancorp DE raised its position in American Healthcare REIT by 84.8% during the third quarter. US Bancorp DE now owns 1,085 shares of the company’s stock valued at $46,000 after purchasing an additional 498 shares during the period. Hedge funds and other institutional investors own 16.68% 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.