Knights of Columbus Asset Advisors LLC Boosts Stake in American Healthcare REIT, Inc. $AHR

Knights of Columbus Asset Advisors LLC lifted its holdings in American Healthcare REIT, Inc. (NYSE:AHR) by 27.6% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 133,028 shares of the company’s stock after buying an additional 28,740 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in American Healthcare REIT were worth $5,589,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. KLP Kapitalforvaltning AS lifted its holdings in American Healthcare REIT by 0.9% during the third quarter. KLP Kapitalforvaltning AS now owns 33,300 shares of the company’s stock worth $1,406,000 after acquiring an additional 300 shares during the period. GAMMA Investing LLC increased its position in shares of American Healthcare REIT by 22.1% during the 2nd quarter. GAMMA Investing LLC now owns 1,716 shares of the company’s stock valued at $63,000 after purchasing an additional 311 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of American Healthcare REIT by 1.4% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 29,300 shares of the company’s stock worth $1,086,000 after purchasing an additional 393 shares during the period. California State Teachers Retirement System raised its stake in shares of American Healthcare REIT by 0.3% during the 2nd quarter. California State Teachers Retirement System now owns 140,769 shares of the company’s stock worth $5,172,000 after purchasing an additional 406 shares during the period. Finally, Lion Street Advisors LLC boosted its holdings in shares of American Healthcare REIT by 6.2% in the 2nd quarter. Lion Street Advisors LLC now owns 7,373 shares of the company’s stock worth $271,000 after buying an additional 430 shares during the last quarter. 16.68% of the stock is owned by institutional investors.

American Healthcare REIT Stock Up 1.9%

American Healthcare REIT stock opened at $47.23 on Friday. The firm has a 50 day simple moving average of $48.08 and a 200 day simple moving average of $44.32. 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, Inc. has a 1-year low of $26.48 and a 1-year high of $51.01. The firm has a market capitalization of $8.35 billion, a price-to-earnings ratio of 337.32, a P/E/G ratio of 1.76 and a beta of 1.02.

American Healthcare REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Wednesday, December 31st were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Wednesday, December 31st. American Healthcare REIT’s payout ratio is presently 714.29%.

Insiders Place Their Bets

In other news, Director Jeffrey T. Hanson sold 19,208 shares of the company’s stock in a transaction dated Tuesday, December 23rd. The stock was sold at an average price of $48.40, for a total transaction of $929,667.20. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Mark E. Foster sold 1,500 shares of the firm’s stock in a transaction that occurred on Tuesday, November 11th. The shares were sold at an average price of $49.35, for a total transaction of $74,025.00. Following the completion of the transaction, the executive vice president owned 57,600 shares of the company’s stock, valued at $2,842,560. This trade represents a 2.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 76,288 shares of company stock worth $3,718,666. 0.92% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

AHR has been the subject of a number of research analyst reports. BMO Capital Markets started coverage on shares of American Healthcare REIT in a report on Thursday. They set an “outperform” rating and a $55.00 price objective for the company. Jefferies Financial Group reissued a “buy” rating on shares of American Healthcare REIT in a research report on Monday, December 15th. UBS Group raised their price target on shares of American Healthcare REIT from $51.00 to $56.00 and gave the stock a “buy” rating in a research note on Monday, November 17th. 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 note on Wednesday, November 12th. Finally, Scotiabank boosted their target price on American Healthcare REIT from $47.00 to $55.00 and gave the company a “sector outperform” rating in a research note on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, American Healthcare REIT currently has an average rating of “Moderate Buy” and an average target price of $51.83.

American Healthcare REIT 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.