American Healthcare REIT, Inc. $AHR Shares Bought by Principal Financial Group Inc.

Principal Financial Group Inc. grew its holdings in American Healthcare REIT, Inc. (NYSE:AHRFree Report) by 3.2% in the first quarter, Holdings Channel.com reports. The institutional investor owned 7,423,206 shares of the company’s stock after buying an additional 228,739 shares during the quarter. Principal Financial Group Inc.’s holdings in American Healthcare REIT were worth $350,079,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Spire Wealth Management boosted its position in American Healthcare REIT by 1.8% during the fourth quarter. Spire Wealth Management now owns 16,127 shares of the company’s stock worth $759,000 after acquiring an additional 279 shares during the last quarter. Militia Capital Partners LP lifted its stake in American Healthcare REIT by 1.6% in the 3rd quarter. Militia Capital Partners LP now owns 19,100 shares of the company’s stock worth $802,000 after purchasing an additional 300 shares in the last quarter. Centaurus Financial Inc. boosted its holdings in shares of American Healthcare REIT by 6.7% during the 3rd quarter. Centaurus Financial Inc. now owns 5,503 shares of the company’s stock worth $231,000 after purchasing an additional 346 shares during the last quarter. Sanctuary Advisors LLC boosted its holdings in shares of American Healthcare REIT by 6.8% during the 4th quarter. Sanctuary Advisors LLC now owns 5,698 shares of the company’s stock worth $268,000 after purchasing an additional 363 shares during the last quarter. Finally, Norinchukin Bank The grew its position in shares of American Healthcare REIT by 4.9% in the third quarter. Norinchukin Bank The now owns 7,970 shares of the company’s stock valued at $335,000 after purchasing an additional 369 shares in the last quarter. 16.68% of the stock is owned by hedge funds and other institutional investors.

American Healthcare REIT Trading Up 1.4%

AHR opened at $54.31 on Tuesday. American Healthcare REIT, Inc. has a 12 month low of $36.73 and a 12 month high of $55.75. The stock has a market capitalization of $10.47 billion, a price-to-earnings ratio of 93.63, a PEG ratio of 1.79 and a beta of 0.77. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.45 and a quick ratio of 0.45. The business has a fifty day moving average price of $49.96 and a 200 day moving average price of $49.56.

American Healthcare REIT (NYSE:AHRGet Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.34). The company had revenue of $650.77 million for the quarter, compared to analysts’ expectations of $667.57 million. American Healthcare REIT had a return on equity of 3.33% and a net margin of 4.23%.American Healthcare REIT’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.38 EPS. American Healthcare REIT has set its FY 2026 guidance at 2.030-2.090 EPS. Sell-side analysts expect that American Healthcare REIT, Inc. will post 2.07 earnings per share for the current fiscal year.

American Healthcare REIT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Tuesday, June 30th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Tuesday, June 30th. American Healthcare REIT’s dividend payout ratio is presently 172.41%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. Scotiabank dropped their price objective on American Healthcare REIT from $59.00 to $51.00 and set a “sector outperform” rating for the company in a research note on Thursday, June 18th. Weiss Ratings downgraded American Healthcare REIT from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, June 2nd. KeyCorp boosted their price target on shares of American Healthcare REIT from $55.00 to $58.00 and gave the stock an “overweight” rating in a research note on Thursday, May 28th. Citigroup raised shares of American Healthcare REIT from a “neutral” rating to a “buy” rating and set a $55.00 price objective for the company in a research note on Monday, June 22nd. Finally, Royal Bank Of Canada upped their target price on shares of American Healthcare REIT from $54.00 to $56.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 26th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, American Healthcare REIT currently has a consensus rating of “Moderate Buy” and an average target price of $56.00.

Get Our Latest Report on American Healthcare REIT

Insider Buying and Selling

In other American Healthcare REIT news, CFO Brian Peay sold 25,000 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $50.70, for a total transaction of $1,267,500.00. Following the completion of the transaction, the chief financial officer owned 152,700 shares in the company, valued at $7,741,890. The trade was a 14.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Mark E. Foster sold 2,500 shares of the stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $48.58, for a total transaction of $121,450.00. Following the completion of the sale, the executive vice president directly owned 52,995 shares in the company, valued at approximately $2,574,497.10. This represents a 4.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 29,500 shares of company stock worth $1,485,590 over the last 90 days. Insiders own 0.75% of the company’s stock.

American Healthcare REIT Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for American Healthcare REIT (NYSE:AHR)

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