VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of American Healthcare REIT, Inc. (NYSE:AHR – Free Report) during the 2nd quarter, HoldingsChannel reports. The firm purchased 255,950 shares of the company’s stock, valued at approximately $13,348,000.
Other hedge funds also recently bought and sold shares of the company. Outlook Capital Management LLC purchased a new position in shares of American Healthcare REIT in the 2nd quarter valued at about $25,000. Manning & Napier Advisors LLC purchased a new stake in shares of American Healthcare REIT during the first quarter worth approximately $26,000. Garton & Associates Financial Advisors LLC acquired a new stake in American Healthcare REIT in the fourth quarter valued at approximately $26,000. Kemnay Advisory Services Inc. acquired a new stake in American Healthcare REIT in the fourth quarter valued at approximately $29,000. Finally, Darwin Wealth Management LLC purchased a new position in American Healthcare REIT in the second quarter worth approximately $31,000. Institutional investors and hedge funds own 16.68% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have commented on AHR. Compass Point assumed coverage on shares of American Healthcare REIT in a report on Tuesday, July 21st. They set a “buy” rating and a $70.00 price target for the company. Citigroup restated a “buy” rating and issued a $65.00 price objective (up from $55.00) on shares of American Healthcare REIT in a report on Monday, August 10th. Citizens Jmp lifted their price objective on shares of American Healthcare REIT from $60.00 to $65.00 and gave the stock a “market outperform” rating in a research report on Monday, July 27th. KeyCorp boosted their target price on shares of American Healthcare REIT from $58.00 to $68.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 19th. Finally, UBS Group increased their target price on American Healthcare REIT from $60.00 to $63.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Twelve research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $62.58.
Insiders Place Their Bets
In other American Healthcare REIT news, CFO Brian Peay sold 25,000 shares of the company’s stock in a transaction on Friday, June 26th. The shares were sold at an average price of $50.70, for a total value of $1,267,500.00. Following the completion of the transaction, the chief financial officer 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 transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Mark E. Foster sold 2,500 shares of the company’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 directly owned 52,995 shares of the company’s stock, valued at approximately $2,574,497.10. This trade represents a 4.50% 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 worth $1,499,730 over the last ninety days. Insiders own 0.75% of the company’s stock.
American Healthcare REIT Stock Performance
Shares of AHR opened at $54.79 on Tuesday. The stock has a 50 day moving average price of $55.41 and a 200 day moving average price of $51.71. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $11.94 billion, a price-to-earnings ratio of 80.57, a price-to-earnings-growth ratio of 1.55 and a beta of 0.74. American Healthcare REIT, Inc. has a 52-week low of $40.00 and a 52-week high of $58.70.
American Healthcare REIT (NYSE:AHR – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. The company had revenue of $674.25 million for the quarter, compared to analyst estimates of $645.30 million. American Healthcare REIT had a net margin of 4.84% and a return on equity of 3.63%. The firm’s revenue was up 24.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.42 earnings per share. American Healthcare REIT has set its FY 2026 guidance at 2.150-2.190 EPS. Research analysts predict that American Healthcare REIT, Inc. will post 2.18 EPS for the current fiscal year.
American Healthcare REIT Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Tuesday, June 30th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Tuesday, June 30th. American Healthcare REIT’s dividend payout ratio (DPR) is 147.06%.
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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