1,495,661 Shares in American Healthcare REIT, Inc. $AHR Acquired by Bank of New York Mellon Corp

Key Points

• Bank of New York Mellon acquired 1.50 million AHR shares worth approximately $78 million, giving it a 0.78% stake. Institutional investors collectively owned 16.68% of American Healthcare REIT.
• Analysts maintained a generally positive view, with 12 Buy ratings and two Holds. The stock’s average price target was $61.25, with individual targets ranging from $51 to $70.
• American Healthcare REIT exceeded quarterly expectations, reporting $0.16 in EPS and $674.25 million in revenue, up 24.3% year over year. The company also declared a $0.25 quarterly dividend, while insiders sold 29,500 shares in the past three months.

Bank of New York Mellon Corp bought a new position in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 1,495,661 shares of the company's stock, valued at approximately $77,999,000. Bank of New York Mellon Corp owned 0.78% of American Healthcare REIT as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. AQR Capital Management LLC raised its position in American Healthcare REIT by 170.1% in the 1st quarter. AQR Capital Management LLC now owns 25,275 shares of the company's stock valued at $766,000 after buying an additional 15,918 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in American Healthcare REIT by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 90,521 shares of the company's stock valued at $2,743,000 after purchasing an additional 3,954 shares during the last quarter. NewEdge Advisors LLC boosted its position in American Healthcare REIT by 9.4% during the first quarter. NewEdge Advisors LLC now owns 23,509 shares of the company's stock valued at $712,000 after purchasing an additional 2,011 shares during the last quarter. Focus Partners Wealth grew its stake in American Healthcare REIT by 6.6% in the first quarter. Focus Partners Wealth now owns 25,809 shares of the company's stock valued at $782,000 after purchasing an additional 1,591 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new position in American Healthcare REIT in the first quarter valued at approximately $185,000. Institutional investors own 16.68% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. UBS Group upped their price objective on American Healthcare REIT from $60.00 to $63.00 and gave the stock a "buy" rating in a research note on Wednesday, July 8th. KeyCorp raised their target price on shares of American Healthcare REIT from $58.00 to $68.00 and gave the company an "overweight" rating in a research note on Wednesday, August 19th. Scotiabank lowered their target price on shares of American Healthcare REIT from $59.00 to $51.00 and set a "sector outperform" rating on the stock in a report on Thursday, June 18th. Compass Point started coverage on shares of American Healthcare REIT in a research report on Tuesday, July 21st. They set a "buy" rating and a $70.00 price target on the stock. Finally, Weiss Ratings cut shares of American Healthcare REIT from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Tuesday, June 2nd. Twelve equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $61.25.

American Healthcare REIT Stock Performance

AHR opened at $57.01 on Wednesday. The business has a fifty day simple moving average of $54.14 and a 200 day simple moving average of $51.39. The company has a market capitalization of $12.43 billion, a PE ratio of 83.84, a price-to-earnings-growth ratio of 1.59 and a beta of 0.76. American Healthcare REIT, Inc. has a 1 year low of $40.00 and a 1 year high of $58.70. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.48 and a quick ratio of 0.48.

American Healthcare REIT (NYSE:AHR - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.16 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.02. American Healthcare REIT had a return on equity of 3.63% and a net margin of 4.84%.The firm had revenue of $674.25 million for the quarter, compared to analyst estimates of $645.30 million. During the same period in the prior year, the firm posted $0.42 EPS. The company's revenue for the quarter was up 24.3% on a year-over-year basis. American Healthcare REIT has set its FY 2026 guidance at 2.150-2.190 EPS. Research analysts expect that American Healthcare REIT, Inc. will post 2.18 EPS for the current year.

American Healthcare REIT Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th were paid a $0.25 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $1.00 annualized dividend and a yield of 1.8%. American Healthcare REIT's payout ratio is 147.06%.

Insider Transactions at American Healthcare REIT

In other American Healthcare REIT news, EVP Mark E. Foster sold 2,500 shares of the business's 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 owned 52,995 shares of the company's stock, valued at $2,574,497.10. The trade was a 4.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Brian Peay sold 25,000 shares of the firm's stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $50.70, for a total transaction of $1,267,500.00. Following the transaction, the chief financial officer directly owned 152,700 shares in the company, valued at $7,741,890. This represents a 14.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 29,500 shares of company stock valued at $1,485,590 in the last three months. Insiders own 0.75% of the company's stock.

About American Healthcare REIT

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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