American Healthcare REIT, Inc. $AHR Shares Sold by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. reduced its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 20.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 712,303 shares of the company’s stock after selling 180,309 shares during the quarter. Eurizon Capital SGR S.p.A. owned 0.33% of American Healthcare REIT worth $36,528,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Wellington Management Group LLP boosted its position in American Healthcare REIT by 4.5% in the 2nd quarter. Wellington Management Group LLP now owns 8,658,850 shares of the company’s stock worth $451,559,000 after purchasing an additional 375,063 shares in the last quarter. WCM Investment Management LLC increased its holdings in shares of American Healthcare REIT by 0.5% during the 1st quarter. WCM Investment Management LLC now owns 3,425,295 shares of the company’s stock valued at $160,749,000 after purchasing an additional 17,020 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of American Healthcare REIT by 28.1% during the 1st quarter. Bank of America Corp DE now owns 3,236,592 shares of the company’s stock valued at $152,638,000 after purchasing an additional 710,601 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of American Healthcare REIT by 33.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,682,894 shares of the company’s stock valued at $126,524,000 after purchasing an additional 666,820 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in shares of American Healthcare REIT in the 2nd quarter valued at $77,999,000. 16.68% of the stock is owned by institutional investors and hedge funds.

American Healthcare REIT Stock Performance

NYSE:AHR opened at $57.71 on Friday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.48 and a current ratio of 0.53. The company has a fifty day moving average of $53.38 and a two-hundred day moving average of $51.95. The stock has a market capitalization of $13.39 billion, a PE ratio of 28.19, a P/E/G ratio of 1.39 and a beta of 0.78. American Healthcare REIT, Inc. has a fifty-two week low of $44.81 and a fifty-two week high of $59.54.

American Healthcare REIT (NYSE:AHR) last announced its earnings results on Thursday, November 5th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.02. American Healthcare REIT had a net margin of 3.61% and a return on equity of 2.38%. The business had revenue of $742.15 million for the quarter, compared to analyst estimates of $703.51 million. During the same quarter last year, the business earned $0.44 earnings per share. The company’s revenue for the quarter was up 29.5% compared to the same quarter last year. As a group, research analysts forecast that American Healthcare REIT, Inc. will post 2.26 earnings per share for the current fiscal year.

American Healthcare REIT Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 16th. Shareholders of record on Wednesday, September 30th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.7%. The ex-dividend date was Wednesday, September 30th. American Healthcare REIT’s payout ratio is 204.08%.

Analyst Ratings Changes

AHR has been the topic of a number of recent analyst reports. Compass Point assumed coverage on shares of American Healthcare REIT in a report on Tuesday, July 21st. They set a “buy” rating and a $70.00 price target on the stock. Weiss Ratings upgraded shares of American Healthcare REIT from a “hold (c+)” rating to a “buy (b)” rating in a research report on Monday. Royal Bank Of Canada upped their price objective on shares of American Healthcare REIT from $61.00 to $66.00 and gave the stock an “outperform” rating in a research report on Tuesday. 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. Finally, Truist Financial raised their target price on American Healthcare REIT from $57.00 to $61.00 and gave the company a “buy” rating in a research report on Friday, August 14th. Two research analysts have rated the stock with a Strong Buy rating and thirteen have given a Buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $64.00.

Insider Buying and Selling

In other American Healthcare REIT news, Director Scott Estes sold 2,500 shares of the stock in a transaction that occurred 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 owned 18,989 shares of the company’s stock, valued at $1,126,427.48. This represents a 11.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Mark Foster sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $55.39, for a total value of $110,780.00. Following the completion of the transaction, the executive vice president owned 51,617 shares in the company, valued at approximately $2,859,065.63. This trade represents a 3.73% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 6,000 shares of company stock valued at $337,170 in the last three months. Insiders own 0.75% of the company’s stock.

American Healthcare REIT Company 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.