American Healthcare REIT, Inc. $AHR Position Boosted by New Mexico Educational Retirement Board

New Mexico Educational Retirement Board boosted its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 26.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 45,900 shares of the company’s stock after purchasing 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.

A number of other institutional investors and hedge funds have also recently modified their holdings of AHR. Greenland Capital Management LP boosted its stake in American Healthcare REIT by 94.7% during the second quarter. Greenland Capital Management LP now owns 185,000 shares of the company’s stock worth $9,648,000 after buying an additional 90,000 shares during the period. WINTON GROUP Ltd purchased a new stake in shares of American Healthcare REIT in the second quarter valued at approximately $1,377,000. Wellington Management Group LLP lifted its holdings 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 worth $451,559,000 after buying an additional 375,063 shares during the period. TD Waterhouse Canada Inc. grew its holdings in American Healthcare REIT by 25.6% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 291,978 shares of the company’s stock worth $14,807,000 after acquiring an additional 59,425 shares in the last quarter. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in American Healthcare REIT during the second quarter valued at approximately $13,348,000. Hedge funds and other institutional investors own 16.68% of the company’s stock.

Insider Buying and Selling

In other American Healthcare REIT news, Director Scott Estes sold 2,500 shares of the business’s stock in a transaction that occurred on 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Mark Foster sold 1,500 shares of the business’s stock in a transaction on Friday, September 25th. The shares were sold at an average price of $52.06, for a total value of $78,090.00. Following the completion of the sale, the executive vice president owned 50,117 shares in the company, valued at $2,609,091.02. This represents a 2.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 6,000 shares of company stock worth $337,170 over the last three months. Insiders own 0.75% of the company’s stock.

Analysts Set New Price Targets

AHR has been the subject of several analyst reports. Weiss Ratings raised shares of American Healthcare REIT from a “hold (c+)” rating to a “buy (b)” rating in a research report on Monday. Compass Point initiated coverage on shares of American Healthcare REIT in a report on Tuesday, July 21st. They issued a “buy” rating and a $70.00 price target on the stock. Raymond James Financial reiterated a “strong-buy” rating and set a $72.00 price objective on shares of American Healthcare REIT in a research note on Tuesday. Zacks Research upgraded shares of American Healthcare REIT from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 2nd. Finally, Royal Bank Of Canada increased their price target on American Healthcare REIT from $61.00 to $66.00 and gave the stock an “outperform” rating in a research report on Tuesday. Two analysts have rated the stock with a Strong Buy rating and thirteen have assigned a Buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and an average price target of $64.00.

American Healthcare REIT Stock Performance

Shares of American Healthcare REIT stock opened at $59.22 on Thursday. The business’s 50 day moving average price is $53.29 and its 200 day moving average price is $51.83. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.48 and a current ratio of 0.53. The company has a market cap of $12.91 billion, a price-to-earnings ratio of 120.86, a PEG ratio of 1.41 and a beta of 0.78. American Healthcare REIT, Inc. has a one year low of $44.81 and a one year high of $59.55.

American Healthcare REIT (NYSE:AHR) last announced its quarterly earnings data on Thursday, November 5th. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. The firm had revenue of $742.15 million during the quarter, compared to analyst estimates 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 posted $0.44 earnings per share. On average, research analysts predict that American Healthcare REIT, Inc. will post 2.25 EPS for the current year.

American Healthcare REIT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Wednesday, September 30th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.7%. The ex-dividend date was Wednesday, September 30th. American Healthcare REIT’s payout ratio is 204.08%.

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.