OVERSEA CHINESE BANKING Corp Ltd Has $8.73 Million Stock Holdings in American Healthcare REIT, Inc. $AHR

OVERSEA CHINESE BANKING Corp Ltd trimmed its position in American Healthcare REIT, Inc. (NYSE:AHRFree Report) by 10.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 185,473 shares of the company’s stock after selling 21,969 shares during the period. OVERSEA CHINESE BANKING Corp Ltd’s holdings in American Healthcare REIT were worth $8,728,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Leelyn Smith LLC acquired a new stake in shares of American Healthcare REIT during the 4th quarter worth $209,000. Cannon Global Investment Management LLC acquired a new stake in shares of American Healthcare REIT during the 4th quarter worth $598,000. Asset Management One Co. Ltd. grew its holdings in shares of American Healthcare REIT by 16.0% during the 4th quarter. Asset Management One Co. Ltd. now owns 291,426 shares of the company’s stock worth $14,076,000 after purchasing an additional 40,231 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of American Healthcare REIT by 41.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 4,928 shares of the company’s stock worth $232,000 after purchasing an additional 1,433 shares in the last quarter. Finally, B&I Capital AG acquired a new stake in shares of American Healthcare REIT during the 4th quarter worth $10,662,000. 16.68% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Citizens Jmp reissued a “market outperform” rating and set a $60.00 target price on shares of American Healthcare REIT in a report on Thursday, February 5th. The Goldman Sachs Group set a $60.00 target price on American Healthcare REIT in a report on Monday, March 2nd. Truist Financial increased their target price on American Healthcare REIT from $52.00 to $57.00 and gave the stock a “buy” rating in a report on Thursday, March 12th. Weiss Ratings reissued a “hold (c)” rating on shares of American Healthcare REIT in a report on Monday. Finally, BMO Capital Markets assumed coverage on American Healthcare REIT in a report on Thursday, January 29th. They set an “outperform” rating and a $55.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, American Healthcare REIT presently has a consensus rating of “Moderate Buy” and an average target price of $53.67.

Read Our Latest Analysis on American Healthcare REIT

American Healthcare REIT Stock Performance

NYSE:AHR opened at $49.47 on Wednesday. The stock’s 50-day simple moving average is $50.49 and its 200 day simple moving average is $48.20. The firm has a market capitalization of $9.30 billion, a PE ratio of 120.65, a price-to-earnings-growth ratio of 1.88 and a beta of 1.19. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 0.30. American Healthcare REIT, Inc. has a twelve month low of $29.76 and a twelve month high of $54.67.

American Healthcare REIT (NYSE:AHRGet Free Report) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.46 by ($0.40). The business had revenue of $604.08 million during the quarter, compared to analyst estimates of $617.49 million. American Healthcare REIT had a net margin of 3.09% and a return on equity of 2.57%. The business’s quarterly revenue was up 11.3% compared to the same quarter last year. During the same period last year, the business earned $0.40 earnings per share. American Healthcare REIT has set its FY 2026 guidance at 1.990-2.050 EPS. On average, analysts anticipate that American Healthcare REIT, Inc. will post 2.01 EPS for the current fiscal year.

American Healthcare REIT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Investors of record on Tuesday, March 31st were paid a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $1.00 annualized dividend and a yield of 2.0%. American Healthcare REIT’s dividend payout ratio (DPR) is 243.90%.

Insiders Place Their Bets

In related news, EVP Mark E. Foster sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, March 25th. The stock was sold at an average price of $48.55, for a total value of $97,100.00. Following the sale, the executive vice president directly owned 56,121 shares of the company’s stock, valued at $2,724,674.55. This trade represents a 3.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.00% of the stock is owned by company insiders.

About American Healthcare REIT

(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

Want to see what other hedge funds are holding AHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Healthcare REIT, Inc. (NYSE:AHRFree Report).

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

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