The Manufacturers Life Insurance Company Purchases 98,417 Shares of American Healthcare REIT, Inc. $AHR

The Manufacturers Life Insurance Company grew its position in American Healthcare REIT, Inc. (NYSE:AHR) by 119.8% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 180,573 shares of the company’s stock after buying an additional 98,417 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in American Healthcare REIT were worth $8,516,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Manning & Napier Advisors LLC bought a new position in American Healthcare REIT in the first quarter valued at approximately $26,000. Garton & Associates Financial Advisors LLC bought a new stake in American Healthcare REIT during the fourth quarter worth $26,000. Kemnay Advisory Services Inc. bought a new stake in American Healthcare REIT during the fourth quarter worth $29,000. Los Angeles Capital Management LLC acquired a new stake in shares of American Healthcare REIT in the 4th quarter valued at $34,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in shares of American Healthcare REIT in the 4th quarter valued at $35,000. Institutional investors own 16.68% of the company’s stock.

Insider Buying and Selling at American Healthcare REIT

In other American Healthcare REIT news, CFO Brian Peay sold 25,000 shares of the company’s stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $50.70, for a total value of $1,267,500.00. Following the sale, the chief financial officer owned 152,700 shares in the company, valued at approximately $7,741,890. The trade was a 14.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Mark E. Foster sold 2,500 shares of the stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $48.58, for a total value of $121,450.00. Following the completion of the sale, the executive vice president directly owned 52,995 shares of the company’s stock, valued at approximately $2,574,497.10. The trade was a 4.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 29,500 shares of company stock valued at $1,485,590. 0.75% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on AHR. Citizens Jmp boosted their price target on American Healthcare REIT from $60.00 to $65.00 and gave the stock a “market outperform” rating in a report on Monday, July 27th. Compass Point started coverage on American Healthcare REIT in a research report on Tuesday, July 21st. They issued a “buy” rating and a $70.00 target price on the stock. Weiss Ratings downgraded American Healthcare REIT from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 2nd. KeyCorp increased their target price on shares of American Healthcare REIT from $55.00 to $58.00 and gave the stock an “overweight” rating in a report on Thursday, May 28th. Finally, Scotiabank reduced their price target on shares of American Healthcare REIT from $59.00 to $51.00 and set a “sector outperform” rating on the stock in a research note on Thursday, June 18th. Twelve investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $58.83.

American Healthcare REIT Stock Down 1.1%

NYSE:AHR opened at $54.53 on Wednesday. The firm’s 50 day simple moving average is $51.82 and its 200 day simple moving average is $50.56. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.45 and a quick ratio of 0.45. American Healthcare REIT, Inc. has a one year low of $39.08 and a one year high of $58.70. The company has a market cap of $10.51 billion, a PE ratio of 94.01, a P/E/G ratio of 1.84 and a beta of 0.76.

American Healthcare REIT (NYSE:AHR) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.34). The business had revenue of $650.77 million for the quarter, compared to the consensus estimate of $667.57 million. American Healthcare REIT had a net margin of 4.23% and a return on equity of 3.33%. American Healthcare REIT’s revenue was up 20.4% on a year-over-year basis. During the same period in the previous year, the business posted $0.38 EPS. American Healthcare REIT has set its FY 2026 guidance at 2.030-2.090 EPS. On average, research analysts anticipate that American Healthcare REIT, Inc. will post 2.07 earnings per share for the current year.

American Healthcare REIT Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Tuesday, June 30th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Tuesday, June 30th. American Healthcare REIT’s dividend payout ratio (DPR) is currently 172.41%.

American Healthcare REIT Company Profile

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.