American Healthcare REIT, Inc. $AHR Stock Holdings Increased by New Mexico Educational Retirement Board

New Mexico Educational Retirement Board increased its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR – Free Report) by 26.1% in the 3rd quarter, Holdings Channel.com reports. The firm owned 45,900 shares of the company’s stock after acquiring an additional 9,500 shares during the quarter. New Mexico Educational Retirement Board’s holdings in American Healthcare REIT were worth $2,353,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Wellington Management Group LLP grew its stake in American Healthcare REIT by 4.5% during the 2nd quarter. Wellington Management Group LLP now owns 8,658,850 shares of the company’s stock worth $451,559,000 after buying an additional 375,063 shares during the last quarter. WCM Investment Management LLC raised its stake in shares of 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 buying an additional 17,020 shares in the last quarter. Bank of America Corp DE lifted its holdings in American Healthcare REIT by 28.1% in the first quarter. Bank of America Corp DE now owns 3,236,592 shares of the company’s stock valued at $152,638,000 after acquiring an additional 710,601 shares during the period. Dimensional Fund Advisors LP boosted 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 worth $126,524,000 after buying an additional 666,820 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of American Healthcare REIT by 48.0% in the 1st quarter. Bank of New York Mellon Corp now owns 1,580,920 shares of the company’s stock worth $74,556,000 after acquiring an additional 512,663 shares during the period. Institutional investors and hedge funds own 16.68% of the company’s stock.

American Healthcare REIT Price Performance

Shares of NYSE AHR opened at $59.22 on Thursday. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.53 and a quick ratio of 0.48. The business’s fifty day moving average price is $53.29 and its two-hundred day moving average price is $51.83. The firm has a market capitalization of $12.91 billion, a PE ratio of 120.86, a P/E/G ratio of 1.41 and a beta of 0.78. American Healthcare REIT, Inc. has a 1-year low of $44.81 and a 1-year high of $59.55.

American Healthcare REIT (NYSE:AHR – Get Free Report) last posted its earnings results on Thursday, November 5th. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.56 by $0.02. The firm had revenue of $742.15 million during the quarter, compared to analysts’ expectations of $703.51 million. American Healthcare REIT had a net margin of 3.61% and a return on equity of 2.38%. American Healthcare REIT’s quarterly revenue was up 29.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.44 EPS. On average, research analysts expect that American Healthcare REIT, Inc. will post 2.25 EPS for the current year.

American Healthcare REIT Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Wednesday, September 30th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Wednesday, September 30th. American Healthcare REIT’s dividend payout ratio (DPR) is presently 204.08%.

Insider Transactions at American Healthcare REIT

In other American Healthcare REIT news, EVP Mark E. Foster sold 2,000 shares of the business’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $55.39, for a total transaction of $110,780.00. Following the sale, the executive vice president directly owned 51,617 shares of the company’s stock, valued at $2,859,065.63. The trade was a 3.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Scott A. Estes sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, November 10th. The stock was sold at an average price of $59.32, for a total value of $148,300.00. Following the sale, the director owned 18,989 shares of the company’s stock, valued at $1,126,427.48. The trade was a 11.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 6,000 shares of company stock worth $337,170. 0.75% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages recently issued reports on AHR. Zacks Research upgraded American Healthcare REIT from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 2nd. Royal Bank Of Canada increased their price target on shares of American Healthcare REIT from $61.00 to $66.00 and gave the stock an “outperform” rating in a research note on Tuesday. Compass Point began coverage on American Healthcare REIT in a report on Tuesday, July 21st. They set a “buy” rating and a $70.00 target price for the company. Raymond James Financial reiterated a “strong-buy” rating and issued a $72.00 price target on shares of American Healthcare REIT in a report on Tuesday. Finally, UBS Group lifted their price objective on shares of American Healthcare REIT from $62.00 to $71.00 and gave the company a “buy” rating in a research note on Wednesday. Two analysts have rated the stock with a Strong Buy rating and thirteen have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $64.00.

View Our Latest Analysis on American Healthcare REIT

American Healthcare REIT Profile

(Free Report)

American Healthcare REIT is a real estate investment trust focused on healthcare-related properties. Its portfolio includes senior housing and care communities, skilled nursing facilities, outpatient medical buildings, and integrated senior health campuses. The company owns and operates properties across the United States and the United Kingdom. Its facilities support a range of healthcare and senior living services, including assisted living, memory care, and post-acute care. American Healthcare REIT began trading on the New York Stock Exchange in 2024.

Further Reading

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Institutional Ownership by Quarter for American Healthcare REIT (NYSE:AHR)

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