Insider Selling: American Healthcare REIT (NYSE:AHR) Director Sells $148,300.00 in Stock

American Healthcare REIT, Inc. (NYSE:AHR) Director Scott Estes sold 2,500 shares of the firm’s stock in a transaction on Tuesday, November 10th. The shares were sold at an average price of $59.32, for a total value of $148,300.00. Following the sale, the director directly owned 18,989 shares of the company’s stock, valued at $1,126,427.48. This represents a 11.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

American Healthcare REIT Price Performance

NYSE:AHR opened at $58.62 on Friday. The firm’s fifty day moving average price is $53.34 and its two-hundred day moving average price is $51.89. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.53 and a quick ratio of 0.48. The company has a market cap of $12.78 billion, a P/E ratio of 28.48, a P/E/G ratio of 1.40 and a beta of 0.78. American Healthcare REIT, Inc. has a one year low of $44.81 and a one year high of $59.54.

American Healthcare REIT (NYSE:AHR) last announced its quarterly earnings results on Thursday, November 5th. The company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.56 by $0.02. The business had revenue of $742.15 million for the quarter, compared to analyst estimates of $703.51 million. American Healthcare REIT had a net margin of 3.61% and a return on equity of 2.38%. American Healthcare REIT’s quarterly revenue was up 29.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.44 EPS. Equities analysts expect that American Healthcare REIT, Inc. will post 2.25 earnings per share for the current year.

American Healthcare REIT Dividend Announcement

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Russell Investments Group Ltd. grew its stake in shares of American Healthcare REIT by 197.7% in the third quarter. Russell Investments Group Ltd. now owns 2,445,020 shares of the company’s stock worth $125,332,000 after purchasing an additional 1,623,635 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in American Healthcare REIT in the second quarter valued at approximately $77,999,000. Bank of America Corp DE boosted its holdings in American Healthcare REIT by 28.1% in the first quarter. Bank of America Corp DE now owns 3,236,592 shares of the company’s stock valued at $152,638,000 after acquiring an additional 710,601 shares during the last quarter. Dimensional Fund Advisors LP boosted 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 last quarter. Finally, Engineers Gate Manager LP boosted its stake in shares of American Healthcare REIT by 683.1% in the 2nd quarter. Engineers Gate Manager LP now owns 563,166 shares of the company’s stock valued at $29,369,000 after purchasing an additional 491,249 shares during the last quarter. Institutional investors own 16.68% of the company’s stock.

Analysts Set New Price Targets

AHR has been the subject of several recent research reports. KeyCorp boosted their price target on American Healthcare REIT from $58.00 to $68.00 and gave the company an “overweight” rating in a research note on Wednesday, August 19th. Citigroup upped their target price on American Healthcare REIT from $65.00 to $67.00 and gave the stock a “buy” rating in a research note on Tuesday. Barclays decreased their price target on 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. Weiss Ratings raised American Healthcare REIT from a “hold (c+)” rating to a “buy (b)” rating in a research note on Monday. Finally, Zacks Research raised American Healthcare REIT from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 2nd. Two research analysts have rated the stock with a Strong Buy rating and thirteen have issued a Buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $64.00.

About American Healthcare REIT

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.