Principal Financial Group Inc. Sells 1,736,874 Shares of American Healthcare REIT, Inc. $AHR

Principal Financial Group Inc. trimmed its position in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 19.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,194,467 shares of the company's stock after selling 1,736,874 shares during the period. Principal Financial Group Inc. owned about 4.07% of American Healthcare REIT worth $338,572,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of AHR. Vanguard Group Inc. grew its position in American Healthcare REIT by 6.1% during the fourth quarter. Vanguard Group Inc. now owns 24,974,195 shares of the company's stock valued at $1,175,286,000 after acquiring an additional 1,444,456 shares during the last quarter. State Street Corp lifted its holdings in shares of American Healthcare REIT by 6.5% in the 2nd quarter. State Street Corp now owns 6,902,944 shares of the company's stock worth $255,289,000 after acquiring an additional 422,931 shares during the last quarter. Alliancebernstein L.P. boosted its stake in shares of American Healthcare REIT by 16.7% in the 2nd quarter. Alliancebernstein L.P. now owns 5,318,866 shares of the company's stock valued at $195,415,000 after purchasing an additional 759,501 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of American Healthcare REIT by 11.1% in the 3rd quarter. American Century Companies Inc. now owns 2,838,692 shares of the company's stock valued at $119,254,000 after purchasing an additional 282,692 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of American Healthcare REIT by 48.1% during the 3rd quarter. Bank of America Corp DE now owns 2,126,849 shares of the company's stock valued at $89,349,000 after purchasing an additional 691,198 shares during the last quarter. Institutional investors own 16.68% of the company's stock.

American Healthcare REIT Stock Down 0.9%

Shares of NYSE:AHR opened at $49.68 on Wednesday. The stock's 50-day moving average is $50.16 and its 200 day moving average is $48.70. The company has a market cap of $9.34 billion, a PE ratio of 121.17, a P/E/G ratio of 1.88 and a beta of 0.94. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.41 and a quick ratio of 0.41. American Healthcare REIT, Inc. has a 1 year low of $31.94 and a 1 year high of $54.67.

American Healthcare REIT (NYSE:AHR - Get Free Report) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.46 by ($0.40). The company had revenue of $604.08 million for the quarter, compared to analysts' expectations of $617.49 million. American Healthcare REIT had a net margin of 3.09% and a return on equity of 2.57%. The firm's revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.40 earnings per share. American Healthcare REIT has set its FY 2026 guidance at 1.990-2.050 EPS. Sell-side analysts anticipate that American Healthcare REIT, Inc. will post 2.01 EPS for the current year.

American Healthcare REIT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Tuesday, March 31st were given a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $1.00 annualized dividend and a dividend yield of 2.0%. American Healthcare REIT's dividend payout ratio is currently 243.90%.

Analyst Ratings Changes

Several analysts have weighed in on AHR shares. Scotiabank boosted their price target 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 initiated coverage on American Healthcare REIT in a research note on Thursday, January 29th. They set an "outperform" rating and a $55.00 price objective on the stock. Truist Financial lifted their price objective on American Healthcare REIT from $52.00 to $57.00 and gave the stock a "buy" rating in a report on Thursday, March 12th. The Goldman Sachs Group set a $60.00 target price on American Healthcare REIT in a report on Monday, March 2nd. Finally, Citigroup restated a "market outperform" rating on shares of American Healthcare REIT in a research report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $55.18.

Insider Activity

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 value of $97,100.00. Following the completion of the transaction, 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.75% of the company's stock.

American Healthcare REIT 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.

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