Eurizon Capital SGR S.p.A. cut its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR – Free Report) by 20.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 712,303 shares of the company’s stock after selling 180,309 shares during the quarter. Eurizon Capital SGR S.p.A.’s holdings in American Healthcare REIT were worth $36,528,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Fifth Third Bancorp boosted its holdings in shares of American Healthcare REIT by 12.0% during the 3rd quarter. Fifth Third Bancorp now owns 2,834 shares of the company’s stock worth $145,000 after purchasing an additional 303 shares during the last quarter. New Mexico Educational Retirement Board grew its position in shares of American Healthcare REIT by 26.1% in the third quarter. New Mexico Educational Retirement Board now owns 45,900 shares of the company’s stock valued at $2,353,000 after purchasing an additional 9,500 shares in the last quarter. Maryland State Retirement & Pension System grew its position in shares of American Healthcare REIT by 12.1% in the third quarter. Maryland State Retirement & Pension System now owns 11,144 shares of the company’s stock valued at $571,000 after purchasing an additional 1,206 shares in the last quarter. Jacobi Capital Management LLC acquired a new stake in shares of American Healthcare REIT in the third quarter valued at approximately $46,000. Finally, Machina Capital S.A.S. acquired a new stake in shares of American Healthcare REIT in the third quarter valued at approximately $1,408,000. Hedge funds and other institutional investors own 16.68% of the company’s stock.
Insider Transactions at American Healthcare REIT
In other news, EVP Mark E. Foster sold 2,000 shares of the business’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 sale, the executive vice president directly owned 51,617 shares of the company’s stock, valued at approximately $2,859,065.63. The trade was a 3.73% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Scott A. Estes sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, November 10th. The shares were sold at an average price of $59.32, for a total transaction of $148,300.00. Following the completion of the sale, the director directly owned 18,989 shares in the company, valued at $1,126,427.48. This trade represents a 11.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 6,000 shares of company stock worth $337,170 in the last ninety days. 0.75% of the stock is currently owned by corporate insiders.
American Healthcare REIT Price Performance
NYSE:AHR opened at $57.71 on Friday. American Healthcare REIT, Inc. has a 52 week low of $44.81 and a 52 week high of $59.54. The company has a quick ratio of 0.48, a current ratio of 0.53 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $13.39 billion, a P/E ratio of 28.19, a P/E/G ratio of 1.39 and a beta of 0.78. The stock’s fifty day moving average is $53.38 and its two-hundred day moving average is $51.95.
American Healthcare REIT (NYSE:AHR – Get Free Report) last released its quarterly earnings results on Thursday, November 5th. The company reported $0.58 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.02. The business had revenue of $742.15 million during the quarter, compared to analysts’ expectations of $703.51 million. American Healthcare REIT had a return on equity of 2.38% and a net margin of 3.61%. The company’s revenue was up 29.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.44 EPS. Equities analysts expect that American Healthcare REIT, Inc. will post 2.26 EPS for the current year.
American Healthcare REIT Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Wednesday, September 30th were given a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $1.00 dividend on an annualized basis and a yield of 1.7%. American Healthcare REIT’s dividend payout ratio is presently 204.08%.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on the company. Barclays reduced their price target on American Healthcare REIT from $66.00 to $60.00 and set an “overweight” rating on the stock in a report on Tuesday, October 13th. UBS Group raised their price objective on shares of American Healthcare REIT from $62.00 to $71.00 and gave the stock a “buy” rating in a research report on Wednesday. Compass Point began coverage on shares of American Healthcare REIT in a research note on Tuesday, July 21st. They set a “buy” rating and a $70.00 target price on the stock. Citigroup lifted their target price on shares of American Healthcare REIT from $65.00 to $67.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Weiss Ratings raised shares of American Healthcare REIT from a “hold (c+)” rating to a “buy (b)” rating in a research note on Monday. Two equities research analysts have rated the stock with a Strong Buy rating and thirteen have given a Buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $64.00.
View Our Latest Report on American Healthcare REIT
American Healthcare REIT Profile
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.
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