American Healthcare REIT, Inc. $AHR Position Decreased by Northern Trust Corp

Key Points

• Northern Trust Corp has reduced its holdings in American Healthcare REIT, Inc. (NYSE:AHR) by 2.1%, now owning approximately 1.08% of the company worth $51.39 million.
• American Healthcare REIT recently declared a quarterly dividend of $0.25 per share, resulting in an annualized dividend of $1.00 and a 2.3% yield.
• The company has experienced an increase in revenue, reporting $542.50 million for the latest quarter, surpassing analyst expectations and showcasing a 7.5% increase year-over-year.

Northern Trust Corp decreased its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 2.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,696,078 shares of the company's stock after selling 36,804 shares during the period. Northern Trust Corp owned approximately 1.08% of American Healthcare REIT worth $51,391,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Wolff Wiese Magana LLC bought a new position in shares of American Healthcare REIT during the 1st quarter valued at about $25,000. MassMutual Private Wealth & Trust FSB boosted its position in shares of American Healthcare REIT by 189.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 968 shares of the company's stock valued at $29,000 after purchasing an additional 633 shares in the last quarter. Spirit of America Management Corp NY bought a new position in shares of American Healthcare REIT during the 1st quarter valued at about $30,000. Avalon Trust Co bought a new position in shares of American Healthcare REIT during the 1st quarter valued at about $36,000. Finally, Continuum Advisory LLC bought a new position in shares of American Healthcare REIT during the 1st quarter valued at about $37,000. Institutional investors own 16.68% of the company's stock.

American Healthcare REIT Price Performance

NYSE AHR opened at $42.72 on Thursday. The company has a 50 day simple moving average of $38.47 and a 200-day simple moving average of $33.79. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.48 and a quick ratio of 0.48. The firm has a market capitalization of $7.20 billion, a price-to-earnings ratio of -194.16, a price-to-earnings-growth ratio of 2.18 and a beta of 1.08. American Healthcare REIT, Inc. has a 52-week low of $20.15 and a 52-week high of $43.14.

American Healthcare REIT (NYSE:AHR - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.40 by $0.02. The business had revenue of $542.50 million during the quarter, compared to analyst estimates of $539.49 million. American Healthcare REIT had a negative net margin of 1.56% and a negative return on equity of 1.43%. The firm's revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.33 earnings per share. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. Equities research analysts predict that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current fiscal year.

American Healthcare REIT Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, July 18th. Stockholders of record on Monday, June 30th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Monday, June 30th. American Healthcare REIT's dividend payout ratio is -454.55%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on AHR. Morgan Stanley raised their price objective on shares of American Healthcare REIT from $37.00 to $45.00 and gave the company an "overweight" rating in a research report on Tuesday, May 20th. JMP Securities upped their price objective on shares of American Healthcare REIT from $40.00 to $45.00 and gave the company a "market outperform" rating in a research note on Monday, August 11th. Royal Bank Of Canada upped their price objective on shares of American Healthcare REIT from $39.00 to $45.00 and gave the company an "outperform" rating in a research note on Wednesday, August 13th. Truist Financial upped their price objective on shares of American Healthcare REIT from $44.00 to $46.00 and gave the company a "buy" rating in a research note on Tuesday. Finally, Robert W. Baird began coverage on shares of American Healthcare REIT in a research note on Friday, July 18th. They set an "outperform" rating and a $41.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company's stock. According to data from MarketBeat.com, American Healthcare REIT presently has a consensus rating of "Buy" and an average price target of $41.33.

Insider Activity

In other news, CIO Stefan K.L. Oh sold 3,860 shares of the stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $36.10, for a total value of $139,346.00. Following the completion of the sale, the executive directly owned 95,671 shares of the company's stock, valued at $3,453,723.10. This represents a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.92% of the stock is owned by company insiders.

American Healthcare REIT Profile

Formed by the successful merger of Griffin-American Healthcare REIT III and Griffin-American Healthcare REIT IV, as well as the acquisition of the business and operations of American Healthcare Investors, American Healthcare REIT is one of the larger healthcare-focused real estate investment trusts globally with assets totaling approximately $4.2 billion in gross investment value.

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