Truist Financial Issues Pessimistic Forecast for American Healthcare REIT (NYSE:AHR) Stock Price

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

Several other analysts also recently issued reports on AHR. Citizens Jmp raised their price objective on shares of American Healthcare REIT from $50.00 to $60.00 and gave the stock a “market outperform” rating in a research note on Monday, November 10th. Zacks Research cut American Healthcare REIT from a “strong-buy” rating to a “hold” rating in a report on Thursday, January 1st. Royal Bank Of Canada upped their price objective on American Healthcare REIT from $45.00 to $54.00 and gave the company an “outperform” rating in a research report on Wednesday, November 12th. Weiss Ratings reissued a “hold (c)” rating on shares of American Healthcare REIT in a research note on Wednesday, October 8th. Finally, JMP Securities upped their price target on shares of American Healthcare REIT from $45.00 to $50.00 and gave the stock a “market outperform” rating in a report on Friday, October 17th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $51.55.

American Healthcare REIT Trading Up 0.2%

Shares of AHR opened at $48.06 on Tuesday. The company’s fifty day simple moving average is $48.38 and its 200-day simple moving average is $43.85. The company has a market cap of $8.50 billion, a P/E ratio of 343.29, a P/E/G ratio of 1.82 and a beta of 1.02. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.37. American Healthcare REIT has a twelve month low of $26.48 and a twelve month high of $51.01.

Insider Transactions at American Healthcare REIT

In other news, EVP Mark E. Foster sold 1,500 shares of the business’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $49.35, for a total value of $74,025.00. Following the completion of the sale, 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 position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Jeffrey T. Hanson sold 19,208 shares of the company’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $48.40, for a total transaction of $929,667.20. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 76,288 shares of company stock valued at $3,718,666. 1.00% of the stock is owned by insiders.

Institutional Trading of American Healthcare REIT

A number of hedge funds have recently bought and sold shares of AHR. Optiver Holding B.V. boosted its position in American Healthcare REIT by 83.1% during the 3rd quarter. Optiver Holding B.V. now owns 652 shares of the company’s stock valued at $27,000 after acquiring an additional 296 shares in the last quarter. Trust Co. of Vermont purchased a new stake in shares of American Healthcare REIT during the 3rd quarter worth $28,000. Darwin Wealth Management LLC bought a new stake in American Healthcare REIT during the second quarter valued at about $31,000. Total Investment Management Inc. bought a new stake in American Healthcare REIT during the second quarter valued at about $32,000. Finally, US Bancorp DE grew its stake in American Healthcare REIT by 84.8% in 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 last quarter. 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.