Robeco Institutional Asset Management B.V. bought a new stake in shares of American Healthcare REIT, Inc. (NYSE:AHR – Free Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 15,351 shares of the company’s stock, valued at approximately $722,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of American Healthcare REIT by 2.7% in the third quarter. Vanguard Group Inc. now owns 23,529,739 shares of the company’s stock valued at $988,484,000 after buying an additional 611,809 shares in the last quarter. State Street Corp boosted its stake in shares of American Healthcare REIT by 6.5% during the 2nd quarter. State Street Corp now owns 6,902,944 shares of the company’s stock worth $255,289,000 after acquiring an additional 422,931 shares in the last quarter. Alliancebernstein L.P. grew its holdings in shares of American Healthcare REIT by 16.7% in the 2nd quarter. Alliancebernstein L.P. now owns 5,318,866 shares of the company’s stock worth $195,415,000 after acquiring an additional 759,501 shares during the last quarter. American Century Companies Inc. raised its position in shares of American Healthcare REIT by 11.1% during the third quarter. American Century Companies Inc. now owns 2,838,692 shares of the company’s stock worth $119,254,000 after purchasing an additional 282,692 shares during the period. Finally, Bank of America Corp DE raised its position in shares of American Healthcare REIT by 48.1% during the third quarter. Bank of America Corp DE now owns 2,126,849 shares of the company’s stock worth $89,349,000 after purchasing an additional 691,198 shares during the period. 16.68% of the stock is currently owned by institutional investors.
American Healthcare REIT Stock Down 2.1%
AHR stock opened at $49.54 on Friday. The company has a 50 day moving average of $50.49 and a two-hundred day moving average of $47.99. The company has a market cap of $9.32 billion, a price-to-earnings ratio of 120.83, a PEG ratio of 1.89 and a beta of 1.19. American Healthcare REIT, Inc. has a 12-month low of $29.16 and a 12-month high of $54.67. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 0.30.
American Healthcare REIT Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Tuesday, March 31st were paid a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $1.00 annualized dividend and a dividend yield of 2.0%. American Healthcare REIT’s payout ratio is presently 243.90%.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on AHR. Zacks Research lowered American Healthcare REIT from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. The Goldman Sachs Group set a $60.00 price objective on American Healthcare REIT in a report on Monday, March 2nd. Citigroup reaffirmed a “market outperform” rating on shares of American Healthcare REIT in a research note on Monday, March 2nd. BMO Capital Markets began coverage on shares of American Healthcare REIT in a research note on Thursday, January 29th. They issued an “outperform” rating and a $55.00 price objective for the company. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of American Healthcare REIT in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $53.67.
View Our Latest Research Report on American Healthcare REIT
Insider Buying and Selling
In related news, EVP Mark E. Foster sold 2,000 shares of the stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $48.55, for a total value of $97,100.00. Following the transaction, the executive vice president owned 56,121 shares in the company, valued at approximately $2,724,674.55. This represents a 3.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Corporate 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.
Featured Stories
Want to see what other hedge funds are holding AHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Healthcare REIT, Inc. (NYSE:AHR – Free Report).
Receive News & Ratings for American Healthcare REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Healthcare REIT and related companies with MarketBeat.com's FREE daily email newsletter.
