Seven Grand Managers LLC Invests $4.71 Million in American Healthcare REIT, Inc. $AHR

Seven Grand Managers LLC acquired a new position in shares of American Healthcare REIT, Inc. (NYSE:AHRFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 100,000 shares of the company’s stock, valued at approximately $4,706,000.

Several other hedge funds and other institutional investors also recently modified their holdings of AHR. Vanguard Group Inc. boosted its stake in American Healthcare REIT by 6.1% in the fourth quarter. Vanguard Group Inc. now owns 24,974,195 shares of the company’s stock worth $1,175,286,000 after buying an additional 1,444,456 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in American Healthcare REIT by 173.0% in the third quarter. Dimensional Fund Advisors LP now owns 1,459,471 shares of the company’s stock worth $61,311,000 after buying an additional 924,834 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC boosted its stake in American Healthcare REIT by 178.8% in the third quarter. Cbre Investment Management Listed Real Assets LLC now owns 1,314,139 shares of the company’s stock worth $55,207,000 after buying an additional 842,785 shares in the last quarter. Alliancebernstein L.P. boosted its stake in American Healthcare REIT by 16.7% in the second quarter. Alliancebernstein L.P. now owns 5,318,866 shares of the company’s stock worth $195,415,000 after buying an additional 759,501 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in American Healthcare REIT by 48.1% in the third quarter. Bank of America Corp DE now owns 2,126,849 shares of the company’s stock worth $89,349,000 after buying an additional 691,198 shares in the last quarter. Hedge funds and other institutional investors own 16.68% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on AHR. Scotiabank upped their target price on American Healthcare REIT from $55.00 to $59.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, March 11th. Citizens Jmp reaffirmed a “market outperform” rating and issued a $60.00 target price on shares of American Healthcare REIT in a research note on Thursday, February 5th. Royal Bank Of Canada upped their target price on American Healthcare REIT from $54.00 to $56.00 and gave the stock an “outperform” rating in a research note on Tuesday. BMO Capital Markets began coverage on American Healthcare REIT in a research note on Thursday, January 29th. They issued an “outperform” rating and a $55.00 target price for the company. Finally, Citigroup reaffirmed a “market outperform” rating on shares of American Healthcare REIT in a research note on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $55.36.

Read Our Latest Stock Report on AHR

Insider Buying and Selling at American Healthcare REIT

In other news, EVP Mark E. Foster sold 2,000 shares of the stock in a transaction that occurred on Wednesday, March 25th. The stock was sold at an average price of $48.55, for a total transaction of $97,100.00. Following the completion of the sale, the executive vice president owned 56,121 shares of the company’s stock, valued at approximately $2,724,674.55. This represents a 3.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.75% of the company’s stock.

American Healthcare REIT Stock Performance

NYSE:AHR opened at $50.47 on Thursday. The firm has a market cap of $9.73 billion, a PE ratio of 87.02, a price-to-earnings-growth ratio of 1.71 and a beta of 0.94. American Healthcare REIT, Inc. has a fifty-two week low of $34.03 and a fifty-two week high of $54.67. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.45 and a current ratio of 0.45. The business has a 50 day moving average price of $49.58 and a 200-day moving average price of $49.38.

American Healthcare REIT (NYSE:AHRGet Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates 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 net margin of 4.23% and a return on equity of 3.33%. The business’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same period last year, the company posted $0.38 EPS. American Healthcare REIT has set its FY 2026 guidance at 2.030-2.090 EPS. Equities research analysts predict that American Healthcare REIT, Inc. will post 2.06 earnings per share for the current year.

American Healthcare REIT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Tuesday, March 31st were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Tuesday, March 31st. American Healthcare REIT’s dividend payout ratio is 172.41%.

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.

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

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