Voya Investment Management LLC Lowers Stake in American Healthcare REIT, Inc. $AHR

Voya Investment Management LLC reduced its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 33.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 29,225 shares of the company’s stock after selling 14,425 shares during the period. Voya Investment Management LLC’s holdings in American Healthcare REIT were worth $1,228,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in AHR. Creative Planning increased its position in shares of American Healthcare REIT by 4.5% during the 2nd quarter. Creative Planning now owns 37,467 shares of the company’s stock valued at $1,377,000 after purchasing an additional 1,628 shares during the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in shares of American Healthcare REIT during the second quarter worth approximately $207,000. Franklin Resources Inc. lifted its holdings in shares of American Healthcare REIT by 44.3% in the 2nd quarter. Franklin Resources Inc. now owns 236,110 shares of the company’s stock worth $8,675,000 after acquiring an additional 72,502 shares during the last quarter. Beacon Financial Advisory LLC purchased a new stake in shares of American Healthcare REIT in the 2nd quarter valued at $230,000. Finally, Orion Porfolio Solutions LLC grew its holdings in shares of American Healthcare REIT by 101.3% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 30,057 shares of the company’s stock valued at $1,104,000 after purchasing an additional 15,128 shares during the last quarter. Institutional investors own 16.68% of the company’s stock.

Analyst Upgrades and Downgrades

AHR has been the subject of several recent research reports. Scotiabank boosted their price target on shares of American Healthcare REIT from $47.00 to $55.00 and gave the stock a “sector outperform” rating in a research note on Thursday, November 13th. Citigroup lifted their price target on American Healthcare REIT from $45.00 to $52.00 and gave the stock a “neutral” rating in a research note on Friday, November 21st. Truist Financial upped their price target on shares of American Healthcare REIT from $46.00 to $53.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. Royal Bank Of Canada upped their price objective on shares of American Healthcare REIT from $45.00 to $54.00 and gave the company an “outperform” rating in a research note on Wednesday, November 12th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of American Healthcare REIT in a report on Monday, December 15th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, American Healthcare REIT currently has an average rating of “Buy” and an average price target of $51.64.

Insider Buying and Selling

In other American Healthcare REIT news, EVP Mark E. Foster sold 1,500 shares of the stock in a transaction 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 completion of the transaction, the executive vice president owned 57,600 shares in the company, valued at approximately $2,842,560. This represents a 2.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jeffrey T. Hanson sold 35,570 shares of the business’s stock in a transaction on Monday, December 22nd. The shares were sold at an average price of $48.38, for a total transaction of $1,720,876.60. Following the sale, the director owned 19,208 shares in the company, valued at approximately $929,283.04. This trade represents a 64.93% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 76,288 shares of company stock valued at $3,718,666. 1.00% of the stock is currently owned by company insiders.

American Healthcare REIT Price Performance

Shares of NYSE AHR opened at $47.71 on Wednesday. American Healthcare REIT, Inc. has a 1 year low of $26.40 and a 1 year high of $51.01. The stock has a market capitalization of $8.44 billion, a P/E ratio of 340.79, a P/E/G ratio of 2.01 and a beta of 0.93. The company’s 50-day moving average is $47.91 and its 200 day moving average is $42.73. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.44 and a quick ratio of 0.44.

American Healthcare REIT Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Wednesday, December 31st will be given a $0.25 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $1.00 annualized dividend and a dividend yield of 2.1%. American Healthcare REIT’s dividend payout ratio is currently 714.29%.

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.