Company Overview - American Healthcare REIT is a leading healthcare-focused REIT that operates a diversified portfolio including medical office buildings, senior housing communities, skilled nursing facilities, and integrated senior health campuses across the U.S. and the U.K. [6][8] - The company leverages a fully integrated management platform and an experienced team to capitalize on demographic-driven demand for healthcare real estate, positioning itself for long-term sector growth and access to public capital markets [6][8]. Financial Performance - As of the latest reporting, American Healthcare REIT has a market capitalization of $9 billion, revenue of $2.20 billion, net income of $27.26 million, and a dividend yield of 2.1% [4]. - In the third quarter, the company reported GAAP net income of $55.9 million, or $0.33 per share, with normalized funds from operations (FFO) of $0.44 per share. Same-store net operating income (NOI) grew by 16.4% year over year, driven by strong performance in senior housing and integrated senior health campuses [10]. Recent Developments - Global IMC LLC sold its entire position in American Healthcare REIT, amounting to 222,038 shares valued at approximately $8.16 million, which previously represented 2.1% of the fund's assets under management (AUM) [2][3]. - The sale occurred amid a strong performance of AHR shares, which have increased by 77% over the past year, significantly outperforming the S&P 500's 16.5% increase during the same period [3][10].

Group 1 - The article discusses the expertise of Austin Rogers, a REIT specialist focused on high-quality dividend growth stocks aimed at generating safe and growing passive income streams [2] - The investment philosophy emphasizes a lifelong holding period, prioritizing portfolio income growth over total returns [2] - High Yield Landlord is highlighted as a significant real estate investment community on Seeking Alpha, providing exclusive research and resources for its members [2] Group 2 - The article includes a disclosure indicating that the author holds long positions in several stocks, including AMT, CTRE, REG, DGRO, XLU, AHR, and CDL [3] - It clarifies that the opinions expressed are personal and not influenced by compensation from any company mentioned [3] - Seeking Alpha's disclosure notes that past performance does not guarantee future results and that the views may not represent the entire platform [4]

Core Insights - American Healthcare REIT, Inc. has closed over $950 million in new acquisitions year-to-date in 2025, with no further acquisitions expected before year-end [1] - The company's acquisitions are focused on its operating portfolio, particularly in the Integrated Senior Health Campuses (ISHC) and Senior Housing Operating Properties (SHOP) segments, which are key to its growth strategy [2][4] - The company aims to continue expanding its portfolio with trusted operating partners while ensuring high standards of care for residents [4] Acquisition Details - The new acquisitions include approximately $370 million in the ISHC segment and about $590 million in the SHOP segment [7] - The ISHC segment has seen growth through partnerships, including a recent acquisition of a 14-property portfolio with over 1,400 beds and units [7] - The SHOP segment has expanded by adding over 1,700 units across 14 properties, supported by regional operating partners [7] Strategic Focus - The company emphasizes disciplined capital allocation, prioritizing high-quality assets that are expected to drive growth in 2026 and beyond [7] - The management believes that the acquisitions will yield strong risk-adjusted returns as operating partners deliver quality care and outcomes [4]

Distribution Announcement - American Healthcare REIT, Inc. has declared a quarterly distribution of $0.25 per share for the quarter ending December 31, 2025, payable in cash on or about January 16, 2026 [1] - The distribution will be made to all holders of record of its common stock as of the close of business on December 31, 2025 [1] Company Overview - American Healthcare REIT, Inc. is a real estate investment trust that focuses on acquiring, owning, and operating a diversified portfolio of clinical healthcare real estate [2] - The company primarily targets senior housing communities, skilled nursing facilities, and outpatient medical buildings across the United States, the United Kingdom, and the Isle of Man [2]

REIT Sector Performance - The REIT sector rebounded in November with a +1.02% return, narrowing the year-to-date negative total return to -2.55% for the average REIT [1] - REITs outperformed the broader market in November, exceeding the returns of the Dow Jones Industrial Average (+0.5%), S&P 500 (+0.2%), and NASDAQ (-1.4%) [1] - The Vanguard Real Estate ETF (VNQ) achieved a return of +2.42% in November, significantly outperforming the average REIT [1] - The spread between the 2026 FFO multiples of large cap REITs (16.2x) and small cap REITs (12.8x) widened, with investors paying 26.6% more for large cap REITs [1] Property Type Performance - In November, 9 out of 18 property types averaged positive returns, with a 33.18% total return spread between the best (Advertising +22.32%) and worst (Data Centers -10.86%) performing property types [5][6] - Year-to-date, Health Care (+30.53%) and Advertising (+24.67%) are the only property types with double-digit positive returns, while Office (-18.35%) and Data Centers (-13.93%) have seen significant declines [7][10] Market Capitalization Insights - Mid cap REITs averaged gains of +3.53%, while small cap REITs gained +3.38%, contrasting with large cap REITs which only gained +0.32% [3] - The average P/FFO for the REIT sector increased from 13.5x to 13.7x during November, with 50% of property types experiencing multiple expansion [7] Individual Security Highlights - OUTFRONT Media (OUT) led the sector with a +33.01% return in November after strong Q3 earnings and raised guidance [9] - Office Properties Income Trust (OPI) faced a significant decline of -54.53% in November, following its Chapter 11 bankruptcy filing, bringing its year-to-date total return to -98.25% [10] Dividend Yield Insights - High dividend yields are a key attraction for investors in the REIT sector, with many REITs trading below their NAV, resulting in attractive yields [14][15]

Group 1 - The price-to-net asset value valuations for publicly listed US equity real estate investment trusts (REITs) increased in November after two consecutive months of decline [2] - US equity REITs closed November at a median discount of 18.2% to their consensus net asset value [2]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: American Healthcare REIT (AHR) - AHR currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating strong potential for outperformance [3][4] - The stock has shown significant price increases, with a 5.79% rise over the past week compared to the Zacks REIT and Equity Trust - Other industry, which increased by 1.99% [6] - Over the last quarter, AHR shares have risen by 16.57%, and over the past year, they have increased by 75.17%, outperforming the S&P 500's gains of 6.55% and 14.51% respectively [7] Trading Volume - AHR's average 20-day trading volume is 2,211,700 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, three earnings estimates for AHR have been revised upwards, increasing the consensus estimate from $1.67 to $1.71 [10] - For the next fiscal year, three estimates have also moved higher, with no downward revisions during the same period [10] Conclusion - Given the positive momentum indicators and earnings outlook, AHR is positioned as a strong buy candidate for investors seeking short-term gains [12]

Core Insights - Chilton Capital Management's REIT Team is led by experienced co-portfolio managers Bruce Garrison and Matt Werner, focusing on publicly traded real estate investment trusts (REITs) and related entities primarily in North America [1] - The REIT Team emphasizes the advantages of public REITs, including liquidity, transparency, and total return characteristics, which enhance diversification across various dimensions [1] - The investment strategy combines real estate industry experience with traditional security analysis methods to make informed investment decisions [1] Company Overview - Chilton Capital Management is an independently owned firm established in 1996, providing investment advisory services to a range of clients including registered investment companies, private clients, family offices, endowments, foundations, retirement plans, and trusts [1] - The REIT Team manages Separately Managed Accounts (SMAs) for high net worth individuals and institutions, and serves as a sub-advisor for the West Loop Realty Fund [1] Investment Strategy - The REIT Team's investment approach focuses on traditional methods of security analysis, including research, critical thought, and analytical depth, which are essential to their investment process [1] - The property types targeted by the REIT Team include apartments, regional malls, shopping centers, lodging, office, industrial, self-storage, data centers/cell towers, and various healthcare-related facilities [1]

Core Insights - American Healthcare REIT, Inc. (NYSE:AHR) is recognized as one of the 14 best up-and-coming dividend stocks to buy [1] - Morgan Stanley has increased its price target for AHR to $55 from $52, maintaining an Overweight rating, indicating growing confidence in the company's performance in the senior housing sector [2] - For Q3 2025, AHR reported a GAAP net income of $55.9 million, or $0.33 per diluted share, with same-store NOI increasing by 16.4% [3] - The company has been active in acquisitions, closing approximately $210.8 million in deals during the quarter and over $575 million year-to-date [3] - AHR has partnered with WellQuest Living and has a development pipeline projected to cost around $177 million [4] - The company raised its full-year 2025 normalized FFO guidance to a range of $1.69 to $1.72 per diluted share, up from a previous range of $1.64 to $1.68, reflecting better-than-expected organic growth [4] - AHR focuses on healthcare real estate, particularly in senior housing, skilled nursing facilities, and outpatient medical properties across the US, UK, and Isle of Man [5]

Core Viewpoint - American Healthcare REIT (AHR) is currently outperforming its peers in the Finance sector, with a year-to-date return of 78.7% compared to the sector average of 15% [4]. Group 1: Company Performance - AHR is part of the Finance group, which consists of 863 companies and holds the 1 position in the Zacks Sector Rank [2]. - AHR has a Zacks Rank of 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3]. - The Zacks Consensus Estimate for AHR's full-year earnings has increased by 1.8% over the past quarter, reflecting improved analyst sentiment [3]. Group 2: Comparative Analysis - AHR's year-to-date performance of 78.7% significantly exceeds the average return of 15% for the Finance sector [4]. - Another outperforming stock in the Finance sector is Axis Capital (AXS), which has returned 15.4% year-to-date [4]. - AHR belongs to the REIT and Equity Trust - Other industry, which ranks 95 among 97 companies, with an average gain of 6.7% this year, further highlighting AHR's strong performance [5].