American Healthcare REIT, Inc. $AHR Shares Sold by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC lessened its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 57.2% during the third quarter, Holdings Channel.com reports. The institutional investor owned 40,369 shares of the company’s stock after selling 53,958 shares during the period. Knights of Columbus Asset Advisors LLC’s holdings in American Healthcare REIT were worth $2,069,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Csenge Advisory Group increased its position in American Healthcare REIT by 13.8% during the third quarter. Csenge Advisory Group now owns 8,745 shares of the company’s stock worth $448,000 after buying an additional 1,058 shares in the last quarter. AlphaCore Capital LLC raised its holdings in shares of American Healthcare REIT by 71.6% in the third quarter. AlphaCore Capital LLC now owns 10,095 shares of the company’s stock worth $518,000 after acquiring an additional 4,213 shares during the last quarter. Retirement Systems of Alabama raised its holdings in shares of American Healthcare REIT by 19.5% in the third quarter. Retirement Systems of Alabama now owns 575,054 shares of the company’s stock worth $29,477,000 after acquiring an additional 93,824 shares during the last quarter. M Holdings Securities Inc. purchased a new stake in shares of American Healthcare REIT in the third quarter valued at $272,000. Finally, Ethic Inc. lifted its position in shares of American Healthcare REIT by 127.2% in the third quarter. Ethic Inc. now owns 15,728 shares of the company’s stock valued at $806,000 after acquiring an additional 8,804 shares in the last quarter. Institutional investors and hedge funds own 16.68% of the company’s stock.

American Healthcare REIT Stock Down 0.3%

AHR stock opened at $59.22 on Thursday. The stock has a market capitalization of $12.91 billion, a P/E ratio of 120.86, a PEG ratio of 1.41 and a beta of 0.78. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.48 and a current ratio of 0.53. American Healthcare REIT, Inc. has a one year low of $44.81 and a one year high of $59.55. The company has a 50 day moving average price of $53.29 and a two-hundred day moving average price of $51.83.

American Healthcare REIT (NYSE:AHR) last issued 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. American Healthcare REIT had a return on equity of 2.38% and a net margin of 3.61%. The company had revenue of $742.15 million during the quarter, compared to the consensus estimate of $703.51 million. During the same period in the previous year, the firm posted $0.44 EPS. American Healthcare REIT’s revenue was up 29.5% on a year-over-year basis. As a group, sell-side analysts expect that American Healthcare REIT, Inc. will post 2.25 EPS for the current year.

American Healthcare REIT Announces Dividend

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

Analyst Upgrades and Downgrades

AHR has been the topic of a number of analyst reports. Weiss Ratings raised American Healthcare REIT from a “hold (c+)” rating to a “buy (b)” rating in a research note on Monday. Compass Point initiated coverage on shares of American Healthcare REIT in a research note on Tuesday, July 21st. They issued a “buy” rating and a $70.00 target price for the company. Zacks Research raised shares of American Healthcare REIT from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 2nd. Barclays reduced 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 report on Tuesday, October 13th. Finally, Scotiabank raised their price target on shares of American Healthcare REIT from $56.00 to $62.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 2nd. Two equities research analysts have rated the stock with a Strong Buy rating and thirteen have assigned a Buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $64.00.

Insiders Place Their Bets

In related news, Director Scott A. Estes sold 2,500 shares of the stock in a transaction dated Tuesday, November 10th. The stock was sold at an average price of $59.32, for a total transaction of $148,300.00. Following the transaction, the director directly owned 18,989 shares in the company, valued at approximately $1,126,427.48. This represents a 11.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Mark E. Foster sold 1,500 shares of the stock in a transaction dated Friday, September 25th. The stock was 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 in the company, valued at $2,609,091.02. This trade represents a 2.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 6,000 shares of company stock valued at $337,170. Company insiders own 0.75% of the company’s stock.

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.