State of New Jersey Common Pension Fund D grew its position in shares of American Healthcare REIT, Inc. (NYSE:AHR – Free Report) by 5.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 204,680 shares of the company’s stock after purchasing an additional 10,732 shares during the period. State of New Jersey Common Pension Fund D’s holdings in American Healthcare REIT were worth $9,632,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. Optiver Holding B.V. boosted its stake in shares of American Healthcare REIT by 83.1% during the third quarter. Optiver Holding B.V. now owns 652 shares of the company’s stock valued at $27,000 after purchasing an additional 296 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of American Healthcare REIT during the second quarter valued at about $31,000. US Bancorp DE boosted its stake in shares of American Healthcare REIT by 84.8% during the third quarter. US Bancorp DE now owns 1,085 shares of the company’s stock valued at $46,000 after purchasing an additional 498 shares in the last quarter. Global Retirement Partners LLC boosted its stake in shares of American Healthcare REIT by 265.3% during the third quarter. Global Retirement Partners LLC now owns 1,158 shares of the company’s stock valued at $49,000 after purchasing an additional 841 shares in the last quarter. Finally, Spirit of America Management Corp NY boosted its stake in shares of American Healthcare REIT by 50.0% during the fourth quarter. Spirit of America Management Corp NY now owns 1,500 shares of the company’s stock valued at $71,000 after purchasing an additional 500 shares in the last quarter. 16.68% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at American Healthcare REIT
In related news, EVP Mark E. Foster sold 2,000 shares of the business’s stock in a transaction on Wednesday, March 25th. The shares were sold at an average price of $48.55, for a total value of $97,100.00. Following the transaction, the executive vice president owned 56,121 shares in the company, valued at $2,724,674.55. The trade was a 3.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.75% of the stock is currently owned by insiders.
American Healthcare REIT Price Performance
American Healthcare REIT (NYSE:AHR – Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.46 by ($0.40). The company had revenue of $604.08 million during the quarter, compared to analyst estimates of $617.49 million. American Healthcare REIT had a return on equity of 2.57% and a net margin of 3.09%.American Healthcare REIT’s revenue was up 11.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.40 earnings per share. American Healthcare REIT has set its FY 2026 guidance at 1.990-2.050 EPS. As a group, research analysts expect that American Healthcare REIT, Inc. will post 2.01 EPS for the current year.
American Healthcare REIT Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Tuesday, March 31st were issued a $0.25 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $1.00 annualized dividend and a yield of 2.0%. American Healthcare REIT’s payout ratio is presently 243.90%.
Analysts Set New Price Targets
A number of equities analysts have recently commented on AHR shares. Citigroup reiterated a “market outperform” rating on shares of American Healthcare REIT in a report on Monday, March 2nd. Scotiabank lifted their price target on shares of American Healthcare REIT from $55.00 to $59.00 and gave the stock a “sector outperform” rating in a report on Wednesday, March 11th. Citizens Jmp reiterated a “market outperform” rating and set a $60.00 price target on shares of American Healthcare REIT in a report on Thursday, February 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of American Healthcare REIT in a report on Monday, April 20th. Finally, The Goldman Sachs Group set a $60.00 price target on shares of American Healthcare REIT in a report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $55.18.
Check Out Our Latest Research Report on AHR
American Healthcare REIT Company 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.
Recommended Stories
Want to see what other hedge funds are holding AHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Healthcare REIT, Inc. (NYSE:AHR – Free Report).
Receive News & Ratings for American Healthcare REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Healthcare REIT and related companies with MarketBeat.com's FREE daily email newsletter.
