Knights of Columbus Asset Advisors LLC Acquires 28,740 Shares of American Healthcare REIT, Inc. $AHR

Knights of Columbus Asset Advisors LLC lifted its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 27.6% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor 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 owned about 0.08% of American Healthcare REIT worth $5,589,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. AQR Capital Management LLC raised its stake in American Healthcare REIT by 170.1% during the first quarter. AQR Capital Management LLC now owns 25,275 shares of the company’s stock worth $766,000 after acquiring an additional 15,918 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in American Healthcare REIT by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 90,521 shares of the company’s stock worth $2,743,000 after purchasing an additional 3,954 shares in the last quarter. NewEdge Advisors LLC lifted its stake in American Healthcare REIT by 9.4% in the 1st quarter. NewEdge Advisors LLC now owns 23,509 shares of the company’s stock valued at $712,000 after purchasing an additional 2,011 shares during the last quarter. Focus Partners Wealth boosted its position in American Healthcare REIT by 6.6% in the first quarter. Focus Partners Wealth now owns 25,809 shares of the company’s stock valued at $782,000 after buying an additional 1,591 shares in the last quarter. Finally, Acadian Asset Management LLC acquired a new stake in American Healthcare REIT in the first quarter valued at approximately $185,000. 16.68% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at American Healthcare REIT

In other American Healthcare REIT news, EVP Mark E. Foster sold 1,500 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $49.35, for a total transaction of $74,025.00. Following the completion of the sale, the executive vice president directly owned 57,600 shares of the company’s stock, valued at approximately $2,842,560. The trade was a 2.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Jeffrey T. Hanson sold 35,570 shares of American Healthcare REIT stock in a transaction that occurred on Monday, December 22nd. The shares were sold at an average price of $48.38, for a total value of $1,720,876.60. Following the transaction, the director directly owned 19,208 shares in the company, valued at approximately $929,283.04. The trade was a 64.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 76,288 shares of company stock valued at $3,718,666 in the last quarter. Company insiders own 0.92% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on AHR. Citigroup boosted their price objective on American Healthcare REIT from $45.00 to $52.00 and gave the stock a “neutral” rating in a research report on Friday, November 21st. Citizens Jmp boosted their price target on American Healthcare REIT from $50.00 to $60.00 and gave the stock a “market outperform” rating in a report on Monday, November 10th. Jefferies Financial Group reiterated a “buy” rating on shares of American Healthcare REIT in a report on Monday, December 15th. 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 target price on the stock. Finally, JMP Securities raised their price target on shares of American Healthcare REIT from $45.00 to $50.00 and gave the company a “market outperform” rating in a research note on Friday, October 17th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $51.83.

American Healthcare REIT Stock Up 1.9%

Shares of NYSE AHR opened at $47.23 on Friday. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.37. The firm has a market cap of $8.35 billion, a PE ratio of 337.32, a P/E/G ratio of 1.76 and a beta of 1.02. The company’s fifty day simple moving average is $48.08 and its 200 day simple moving average is $44.32. American Healthcare REIT, Inc. has a 12-month low of $26.48 and a 12-month high of $51.01.

American Healthcare REIT Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 16th. Investors of record on Wednesday, December 31st were given a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $1.00 annualized dividend and a yield of 2.1%. American Healthcare REIT’s dividend payout ratio (DPR) is presently 714.29%.

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.