American Healthcare REIT, Inc. $AHR Stock Acquired by Retirement Systems of Alabama

Retirement Systems of Alabama grew its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 19.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 575,054 shares of the company’s stock after acquiring an additional 93,824 shares during the period. Retirement Systems of Alabama owned 0.26% of American Healthcare REIT worth $29,477,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. North Dakota State Investment Board grew its position in shares of American Healthcare REIT by 3.9% in the third quarter. North Dakota State Investment Board now owns 5,845 shares of the company’s stock valued at $300,000 after purchasing an additional 220 shares in the last quarter. Sigma Planning Corp lifted its holdings in American Healthcare REIT by 1.5% during the 1st quarter. Sigma Planning Corp now owns 15,191 shares of the company’s stock worth $716,000 after purchasing an additional 222 shares in the last quarter. GAMMA Investing LLC boosted its stake in American Healthcare REIT by 7.3% in the 2nd quarter. GAMMA Investing LLC now owns 3,264 shares of the company’s stock worth $170,000 after purchasing an additional 222 shares during the period. First Heartland Consultants Inc. boosted its stake in American Healthcare REIT by 4.0% in the 3rd quarter. First Heartland Consultants Inc. now owns 6,196 shares of the company’s stock worth $318,000 after purchasing an additional 241 shares during the period. Finally, NFSG Corp boosted its stake in American Healthcare REIT by 8.8% in the 1st quarter. NFSG Corp now owns 2,993 shares of the company’s stock worth $141,000 after purchasing an additional 242 shares during the period. 16.68% of the stock is owned by institutional investors.

Insider Activity at American Healthcare REIT

In other news, EVP Mark E. Foster sold 1,500 shares of the 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 transaction, the executive vice president owned 50,117 shares of the company’s stock, valued at $2,609,091.02. This represents a 2.91% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Scott A. Estes sold 2,500 shares of the stock in a transaction on Tuesday, November 10th. The stock was sold at an average price of $59.32, for a total transaction of $148,300.00. Following the completion of the transaction, the director directly owned 18,989 shares in the company, valued at $1,126,427.48. The trade was a 11.63% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 6,000 shares of company stock valued at $337,170. 0.75% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on AHR shares. Scotiabank upped their price target on American Healthcare REIT from $56.00 to $62.00 and gave the company an “outperform” rating in a research report on Wednesday, September 2nd. Compass Point began coverage on shares of American Healthcare REIT in a research report on Tuesday, July 21st. They issued a “buy” rating and a $70.00 price objective for the company. Zacks Research raised shares of American Healthcare REIT from a “hold” rating to a “strong-buy” rating in a report on Friday, October 2nd. UBS Group lowered their target price on shares of American Healthcare REIT from $63.00 to $62.00 and set a “buy” rating on the stock in a research note on Tuesday, October 13th. Finally, Barclays lowered their target price on shares of American Healthcare REIT from $66.00 to $60.00 and set an “overweight” rating on the stock in a research note on Tuesday, October 13th. Two equities research analysts have rated the stock with a Strong Buy rating and thirteen have issued a Buy rating to the company. According to MarketBeat, the company has an average rating of “Buy” and a consensus target price of $63.31.

American Healthcare REIT Price Performance

American Healthcare REIT stock opened at $59.36 on Wednesday. The stock has a market cap of $12.94 billion, a price-to-earnings ratio of 121.14, a PEG ratio of 1.40 and a beta of 0.78. 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 business has a 50-day simple moving average of $53.24 and a 200 day simple moving average of $51.76. American Healthcare REIT, Inc. has a 52 week low of $44.81 and a 52 week high of $59.53.

American Healthcare REIT (NYSE:AHR) last released its quarterly earnings results on Thursday, November 5th. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.02. The firm had revenue of $742.15 million for 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 quarter last year, the firm posted $0.44 EPS. On average, research analysts forecast that American Healthcare REIT, Inc. will post 2.25 earnings per share for the current fiscal year.

American Healthcare REIT Dividend Announcement

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