American Healthcare REIT (NYSE:AHR) Stock Gets Price Target Cut from UBS Group

American Healthcare REIT (NYSE:AHR) had its price objective cut by UBS Group from $63.00 to $62.00 in a research note issued to investors on Tuesday,Benzinga reports. They currently have a buy rating on the stock.

A number of other research analysts have also commented on the company. Weiss Ratings lowered American Healthcare REIT from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, October 6th. Truist Financial boosted their target price on American Healthcare REIT from $57.00 to $61.00 and gave the stock a “buy” rating in a research report on Friday, August 14th. Scotiabank upped their price target on American Healthcare REIT from $56.00 to $62.00 and gave the company an “outperform” rating in a research note on Wednesday, September 2nd. Compass Point began coverage on American Healthcare REIT in a report on Tuesday, July 21st. They issued a “buy” rating and a $70.00 price target on the stock. Finally, Royal Bank Of Canada lifted their price objective on American Healthcare REIT from $56.00 to $61.00 and gave the stock an “outperform” rating in a research report on Friday, August 14th. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $62.00.

American Healthcare REIT Stock Up 1.3%

NYSE AHR opened at $53.09 on Tuesday. The firm has a market cap of $11.57 billion, a PE ratio of 27.02, a price-to-earnings-growth ratio of 1.28 and a beta of 0.79. American Healthcare REIT has a one year low of $41.67 and a one year high of $58.70. The stock’s 50 day simple moving average is $53.53 and its 200 day simple moving average is $51.85. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.48 and a quick ratio of 0.48.

American Healthcare REIT (NYSE:AHR) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.02. American Healthcare REIT had a return on equity of 3.63% and a net margin of 4.84%. The firm had revenue of $674.25 million during the quarter, compared to analysts’ expectations of $645.30 million. During the same period last year, the firm posted $0.42 EPS. The business’s revenue was up 24.3% on a year-over-year basis. American Healthcare REIT has set its FY 2026 guidance at 2.150-2.190 EPS. As a group, sell-side analysts forecast that American Healthcare REIT will post 2.19 earnings per share for the current fiscal year.

American Healthcare REIT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Investors of record on Wednesday, September 30th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.9%. The ex-dividend date is Wednesday, September 30th. American Healthcare REIT’s dividend payout ratio is currently 147.06%.

Insiders Place Their Bets

In other American Healthcare REIT news, EVP Mark Foster sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $55.39, for a total value of $110,780.00. Following the transaction, the executive vice president directly owned 51,617 shares of the company’s stock, valued at approximately $2,859,065.63. This trade represents a 3.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.75% of the stock is owned by corporate insiders.

Institutional Trading of American Healthcare REIT

A number of institutional investors have recently bought and sold shares of AHR. Wellington Management Group LLP increased its stake in shares of American Healthcare REIT by 4.5% in the 2nd quarter. Wellington Management Group LLP now owns 8,658,850 shares of the company’s stock valued at $451,559,000 after acquiring an additional 375,063 shares during the last quarter. Principal Financial Group Inc. boosted its stake in American Healthcare REIT by 3.2% during the 1st quarter. Principal Financial Group Inc. now owns 7,423,206 shares of the company’s stock worth $350,079,000 after acquiring an additional 228,739 shares during the last quarter. WCM Investment Management LLC boosted its stake in American Healthcare REIT by 0.5% during the 1st quarter. WCM Investment Management LLC now owns 3,425,295 shares of the company’s stock worth $160,749,000 after acquiring an additional 17,020 shares during the last quarter. Bank of America Corp DE boosted its stake in American Healthcare REIT by 28.1% during the 1st quarter. Bank of America Corp DE now owns 3,236,592 shares of the company’s stock worth $152,638,000 after acquiring an additional 710,601 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in American Healthcare REIT by 33.1% during the first quarter. Dimensional Fund Advisors LP now owns 2,682,894 shares of the company’s stock valued at $126,524,000 after purchasing an additional 666,820 shares during the period. Institutional investors and hedge funds own 16.68% of the company’s stock.

About American Healthcare REIT

American Healthcare REIT, Inc (NYSE:AHR) is a real estate investment trust focused on owning and operating healthcare-related properties. The company seeks to provide real estate solutions for healthcare providers and operators while generating rental and operating income from a diversified portfolio.

Its portfolio includes outpatient medical properties, senior housing communities, skilled nursing facilities, hospitals and other healthcare assets. American Healthcare REIT also has exposure to healthcare operating businesses, including senior living and care services, through its relationship with Trilogy Health Services.