State of Michigan Retirement System Makes New $2.01 Million Investment in American Healthcare REIT, Inc. $AHR

State of Michigan Retirement System bought a new position in shares of American Healthcare REIT, Inc. (NYSE:AHR) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 42,700 shares of the company’s stock, valued at approximately $2,014,000.

A number of other hedge funds have also modified their holdings of the business. Principal Financial Group Inc. grew its stake in American Healthcare REIT by 3.2% during the 1st quarter. Principal Financial Group Inc. now owns 7,423,206 shares of the company’s stock valued at $350,079,000 after acquiring an additional 228,739 shares in the last quarter. Teachers Retirement System of The State of Kentucky lifted its stake in American Healthcare REIT by 86.4% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 110,233 shares of the company’s stock worth $5,199,000 after purchasing an additional 51,090 shares in the last quarter. Diversify Wealth Management LLC boosted its holdings in shares of American Healthcare REIT by 137.4% during the 1st quarter. Diversify Wealth Management LLC now owns 52,357 shares of the company’s stock worth $2,603,000 after purchasing an additional 30,305 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of American Healthcare REIT by 128.1% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 124,893 shares of the company’s stock worth $5,890,000 after purchasing an additional 70,146 shares during the last quarter. Finally, Fifth Third Bancorp grew its position in shares of American Healthcare REIT by 37.5% in the first quarter. Fifth Third Bancorp now owns 2,526 shares of the company’s stock valued at $119,000 after purchasing an additional 689 shares in the last quarter. 16.68% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms recently commented on AHR. Weiss Ratings cut American Healthcare REIT from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 2nd. Royal Bank Of Canada upped their target price on American Healthcare REIT from $54.00 to $56.00 and gave the company an “outperform” rating in a report on Tuesday, May 26th. KeyCorp raised their target price on American Healthcare REIT from $55.00 to $58.00 and gave the stock an “overweight” rating in a research note on Thursday, May 28th. Barclays assumed coverage on American Healthcare REIT in a report on Tuesday, July 7th. They set an “overweight” rating and a $61.00 price target on the stock. Finally, Citigroup raised shares of American Healthcare REIT from a “neutral” rating to a “buy” rating and set a $55.00 price target on the stock in a research report on Monday, June 22nd. Eleven analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $57.36.

American Healthcare REIT Stock Performance

Shares of AHR stock opened at $57.18 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.45 and a current ratio of 0.45. The firm has a market cap of $11.02 billion, a P/E ratio of 98.59, a P/E/G ratio of 1.91 and a beta of 0.77. The firm’s 50 day moving average price is $50.40 and its 200-day moving average price is $49.76. American Healthcare REIT, Inc. has a one year low of $36.73 and a one year high of $57.74.

American Healthcare REIT (NYSE:AHR) last announced its earnings results on Thursday, May 7th. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.34). American Healthcare REIT had a net margin of 4.23% and a return on equity of 3.33%. The firm had revenue of $650.77 million during the quarter, compared to analysts’ expectations of $667.57 million. During the same period in the previous year, the firm earned $0.38 EPS. The firm’s revenue for the quarter was up 20.4% compared to the same quarter last year. American Healthcare REIT has set its FY 2026 guidance at 2.030-2.090 EPS. As a group, equities research analysts predict that American Healthcare REIT, Inc. will post 2.07 EPS for the current year.

American Healthcare REIT Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Tuesday, June 30th were issued 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 was Tuesday, June 30th. American Healthcare REIT’s dividend payout ratio (DPR) is 172.41%.

Insider Activity

In related news, CFO Brian Peay sold 25,000 shares of American Healthcare REIT stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $50.70, for a total value of $1,267,500.00. Following the completion of the transaction, the chief financial officer owned 152,700 shares in the company, valued at approximately $7,741,890. The trade was a 14.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Mark E. Foster sold 2,500 shares of the company’s stock in a transaction that occurred on Wednesday, June 24th. The stock was sold at an average price of $48.58, for a total transaction of $121,450.00. Following the sale, the executive vice president directly owned 52,995 shares in the company, valued at approximately $2,574,497.10. The trade was a 4.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 29,500 shares of company stock valued at $1,485,590. 0.75% of the stock is currently owned by corporate insiders.

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.