Knights of Columbus Asset Advisors LLC Sells 38,710 Shares of American Healthcare REIT, Inc. $AHR

Key Points

• Knights of Columbus Asset Advisors cut its stake in American Healthcare REIT by 29.1% in Q4, selling 38,710 shares and leaving it with 94,318 shares worth about $4.44 million.
• Wall Street sentiment remains constructive, with several analysts raising price targets and the consensus rating sitting at “Moderate Buy” with a target price of $55.36.
• Recent fundamentals were mixed: the company missed Q1 earnings expectations, but revenue still rose 20.4% year over year, and it continues to pay a quarterly dividend of $0.25 per share.

Knights of Columbus Asset Advisors LLC lowered its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 29.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,318 shares of the company's stock after selling 38,710 shares during the period. Knights of Columbus Asset Advisors LLC owned approximately 0.05% of American Healthcare REIT worth $4,439,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of AHR. Optiver Holding B.V. boosted its stake in American Healthcare REIT by 83.1% during the third quarter. Optiver Holding B.V. now owns 652 shares of the company's stock worth $27,000 after acquiring an additional 296 shares in the last quarter. Darwin Wealth Management LLC bought a new stake in American Healthcare REIT during the second quarter worth about $31,000. US Bancorp DE lifted its stake in shares of American Healthcare REIT by 84.8% in the third quarter. US Bancorp DE now owns 1,085 shares of the company's stock worth $46,000 after buying an additional 498 shares in the last quarter. State of Wyoming bought a new position in shares of American Healthcare REIT in the second quarter worth approximately $61,000. Finally, Spirit of America Management Corp NY lifted its stake in shares of American Healthcare REIT by 50.0% in the fourth quarter. Spirit of America Management Corp NY now owns 1,500 shares of the company's stock worth $71,000 after buying an additional 500 shares in the last quarter. Institutional investors own 16.68% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on AHR. Scotiabank upped their target price on shares of 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. BMO Capital Markets began coverage on shares of American Healthcare REIT in a research note on Thursday, January 29th. They issued an "outperform" rating and a $55.00 target price on the stock. Royal Bank Of Canada upped their target price on shares of American Healthcare REIT from $54.00 to $56.00 and gave the stock an "outperform" rating in a research note on Tuesday. The Goldman Sachs Group set a $60.00 target price on shares of American Healthcare REIT in a research note on Monday, March 2nd. Finally, Truist Financial upped their target price on shares of American Healthcare REIT from $52.00 to $57.00 and gave the stock a "buy" rating in a research note on Thursday, March 12th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, American Healthcare REIT currently has a consensus rating of "Moderate Buy" and a consensus target price of $55.36.

Insiders Place Their Bets

In related news, EVP Mark E. Foster sold 2,000 shares of the stock in a transaction that occurred on Wednesday, March 25th. The shares were sold at an average price of $48.55, for a total transaction of $97,100.00. Following the transaction, the executive vice president owned 56,121 shares in the company, valued at $2,724,674.55. This represents a 3.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.75% of the stock is currently owned by company insiders.

American Healthcare REIT Stock Down 1.0%

Shares of American Healthcare REIT stock opened at $50.47 on Thursday. The company has a market cap of $9.73 billion, a price-to-earnings ratio of 87.02, a price-to-earnings-growth ratio of 1.71 and a beta of 0.94. The company's 50 day moving average is $49.58 and its 200 day moving average is $49.38. American Healthcare REIT, Inc. has a twelve month low of $34.03 and a twelve month high of $54.67. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 0.28.

American Healthcare REIT (NYSE:AHR - Get Free Report) last issued 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 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%. The firm's revenue for the quarter was up 20.4% on a year-over-year basis. During the same quarter last year, the company earned $0.38 EPS. American Healthcare REIT has set its FY 2026 guidance at 2.030-2.090 EPS. Research analysts anticipate that American Healthcare REIT, Inc. will post 2.06 EPS for the current year.

American Healthcare REIT Dividend Announcement

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

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:AHR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.