Machina Capital S.A.S. Acquires New Shares in American Healthcare REIT, Inc. $AHR

Machina Capital S.A.S. acquired a new stake in shares of American Healthcare REIT, Inc. (NYSE:AHR) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 27,463 shares of the company’s stock, valued at approximately $1,408,000.

Other large investors have also recently bought and sold shares of the company. Wellington Management Group LLP boosted its position in shares of American Healthcare REIT by 4.5% during the second 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 raised its stake in 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 worth $160,749,000 after buying an additional 17,020 shares during the period. Bank of America Corp DE lifted its holdings in American Healthcare REIT by 28.1% during the first quarter. Bank of America Corp DE now owns 3,236,592 shares of the company’s stock worth $152,638,000 after acquiring an additional 710,601 shares in the last quarter. Dimensional Fund Advisors LP grew its stake in American Healthcare REIT by 33.1% in the first quarter. Dimensional Fund Advisors LP now owns 2,682,894 shares of the company’s stock valued at $126,524,000 after acquiring an additional 666,820 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in American Healthcare REIT in the second quarter valued at about $77,999,000. Institutional investors own 16.68% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Royal Bank Of Canada raised their price target on American Healthcare REIT from $61.00 to $66.00 and gave the stock an “outperform” rating in a research report on Tuesday. Barclays decreased their price objective on American Healthcare REIT from $66.00 to $60.00 and set an “overweight” rating for the company in a research report on Tuesday, October 13th. Weiss Ratings raised American Healthcare REIT from a “hold (c+)” rating to a “buy (b)” rating in a research note on Monday. Truist Financial raised their target price on shares of American Healthcare REIT from $57.00 to $61.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Finally, Compass Point began coverage on shares of American Healthcare REIT in a report on Tuesday, July 21st. They set a “buy” rating and a $70.00 target price on the stock. Two investment analysts have rated the stock with a Strong Buy rating and thirteen have issued a Buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $64.00.

American Healthcare REIT Stock Performance

Shares of AHR opened at $58.62 on Friday. American Healthcare REIT, Inc. has a 12 month low of $44.81 and a 12 month high of $59.54. The firm has a fifty day simple moving average of $53.34 and a 200 day simple moving average of $51.89. The stock has a market capitalization of $12.78 billion, a price-to-earnings ratio of 28.48, a PEG ratio of 1.40 and a beta of 0.78. The company has a current ratio of 0.53, a quick ratio of 0.48 and a debt-to-equity ratio of 0.15.

American Healthcare REIT (NYSE:AHR) last issued its quarterly 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 firm had revenue of $742.15 million for the quarter, compared to analyst estimates of $703.51 million. During the same period in the previous year, the business earned $0.44 EPS. The company’s revenue was up 29.5% compared to the same quarter last year. Research analysts forecast that American Healthcare REIT, Inc. will post 2.25 EPS for the current fiscal year.

American Healthcare REIT Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 16th. Investors 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%.

Insider Transactions at American Healthcare REIT

In related news, Director Scott A. 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 directly owned 18,989 shares of the company’s stock, valued at approximately $1,126,427.48. This represents a 11.63% 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 1,500 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the executive vice president owned 50,117 shares of the company’s stock, valued at approximately $2,609,091.02. This represents a 2.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 6,000 shares of company stock worth $337,170. 0.75% of the stock is owned by company insiders.

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.