American Healthcare REIT, Inc. $AHR Stake Reduced by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH trimmed its stake in American Healthcare REIT, Inc. (NYSE:AHR) by 4.7% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 420,977 shares of the company’s stock after selling 20,729 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.26% of American Healthcare REIT worth $15,467,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. increased its holdings in shares of American Healthcare REIT by 22.4% in the 1st quarter. Vanguard Group Inc. now owns 18,795,192 shares of the company’s stock worth $569,494,000 after acquiring an additional 3,437,861 shares during the period. Invesco Ltd. boosted its stake in American Healthcare REIT by 1,543.1% during the 1st quarter. Invesco Ltd. now owns 5,022,455 shares of the company’s stock valued at $152,180,000 after purchasing an additional 4,716,792 shares during the period. Geode Capital Management LLC grew its position in American Healthcare REIT by 20.5% in the 2nd quarter. Geode Capital Management LLC now owns 4,578,867 shares of the company’s stock worth $174,882,000 after purchasing an additional 779,109 shares during the last quarter. Alliancebernstein L.P. increased its stake in shares of American Healthcare REIT by 350.7% in the first quarter. Alliancebernstein L.P. now owns 4,559,365 shares of the company’s stock valued at $138,149,000 after purchasing an additional 3,547,635 shares during the period. Finally, Nuveen LLC acquired a new stake in shares of American Healthcare REIT in the first quarter valued at approximately $68,097,000. Institutional investors and hedge funds own 16.68% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently issued reports on AHR shares. UBS Group boosted their price objective on American Healthcare REIT from $51.00 to $56.00 and gave the stock a “buy” rating in a research report on Monday. Scotiabank boosted their price target 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. Citigroup reissued an “outperform” rating on shares of American Healthcare REIT in a research note on Friday, October 17th. Zacks Research upgraded shares of American Healthcare REIT from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 17th. Finally, JMP Securities increased their target price on shares of American Healthcare REIT from $45.00 to $50.00 and gave the company a “market outperform” rating in a research report on Friday, October 17th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $50.60.

American Healthcare REIT Trading Up 2.6%

Shares of AHR stock opened at $49.16 on Wednesday. The stock has a 50-day simple moving average of $43.81 and a 200 day simple moving average of $39.73. American Healthcare REIT, Inc. has a fifty-two week low of $26.40 and a fifty-two week high of $50.51. The stock has a market capitalization of $8.70 billion, a P/E ratio of 351.15, a P/E/G ratio of 2.34 and a beta of 0.98. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.37.

American Healthcare REIT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Tuesday, September 30th were paid a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $1.00 annualized dividend and a dividend yield of 2.0%. American Healthcare REIT’s payout ratio is currently 714.29%.

Insider Buying and Selling

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 shares were sold at an average price of $49.35, for a total value of $74,025.00. Following the transaction, the executive vice president owned 57,600 shares in the company, valued at approximately $2,842,560. The trade was a 2.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Jeffrey T. Hanson sold 20,010 shares of the company’s stock in a transaction on Monday, November 10th. The shares were sold at an average price of $49.68, for a total value of $994,096.80. Following the completion of the transaction, the director directly owned 21,798 shares in the company, valued at $1,082,924.64. This represents a 47.86% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 25,360 shares of company stock worth $1,229,398 over the last quarter. Insiders own 1.00% of the company’s stock.

American Healthcare REIT Company Profile

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.