New York State Teachers Retirement System bought a new position in American Healthcare REIT, Inc. (NYSE:AHR – Free Report) in the first quarter, Holdings Channel reports. The institutional investor bought 31,695 shares of the company’s stock, valued at approximately $1,495,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Strs Ohio grew its position in American Healthcare REIT by 48.2% during the first quarter. Strs Ohio now owns 348,100 shares of the company’s stock valued at $16,416,000 after acquiring an additional 113,200 shares during the last quarter. IFM Investors Pty Ltd lifted its holdings in shares of American Healthcare REIT by 6.7% in the 1st quarter. IFM Investors Pty Ltd now owns 29,104 shares of the company’s stock worth $1,373,000 after acquiring an additional 1,824 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in shares of American Healthcare REIT by 40.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 41,219 shares of the company’s stock worth $1,944,000 after acquiring an additional 11,830 shares during the last quarter. Pictet Asset Management Holding SA boosted its stake in shares of American Healthcare REIT by 11.4% in the 1st quarter. Pictet Asset Management Holding SA now owns 27,097 shares of the company’s stock valued at $1,278,000 after purchasing an additional 2,776 shares in the last quarter. Finally, Louisiana State Employees Retirement System purchased a new stake in shares of American Healthcare REIT in the 1st quarter valued at $2,424,000. Hedge funds and other institutional investors own 16.68% of the company’s stock.
Analysts Set New Price Targets
AHR has been the topic of several recent research reports. Barclays began coverage on shares of American Healthcare REIT in a report on Tuesday, July 7th. They set an “overweight” rating and a $61.00 target price on the stock. UBS Group upped their price target on shares of American Healthcare REIT from $60.00 to $63.00 and gave the company a “buy” rating in a research report on Wednesday. Royal Bank Of Canada raised their price objective on American Healthcare REIT from $54.00 to $56.00 and gave the company an “outperform” rating in a research note on Tuesday, May 26th. Citigroup upgraded American Healthcare REIT from a “neutral” rating to a “buy” rating and set a $55.00 price objective on the stock in a report on Monday, June 22nd. Finally, KeyCorp boosted their target price on American Healthcare REIT from $55.00 to $58.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $56.00.
American Healthcare REIT Trading Down 0.5%
Shares of NYSE AHR traded down $0.27 during trading hours on Friday, hitting $53.57. The company’s stock had a trading volume of 1,755,168 shares, compared to its average volume of 4,560,386. American Healthcare REIT, Inc. has a 12 month low of $35.75 and a 12 month high of $55.75. The stock has a market cap of $10.32 billion, a price-to-earnings ratio of 92.37, a P/E/G ratio of 1.79 and a beta of 0.77. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.45 and a current ratio of 0.45. The business has a 50-day simple moving average of $49.89 and a 200-day simple moving average of $49.51.
American Healthcare REIT (NYSE:AHR – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.34). American Healthcare REIT had a net margin of 4.23% and a return on equity of 3.33%. The business had revenue of $650.77 million for the quarter, compared to the consensus estimate of $667.57 million. During the same period in the previous year, the company earned $0.38 EPS. The company’s revenue for the quarter was up 20.4% on a year-over-year basis. American Healthcare REIT has set its FY 2026 guidance at 2.030-2.090 EPS. On average, analysts anticipate that American Healthcare REIT, Inc. will post 2.07 earnings per share for the current fiscal year.
American Healthcare REIT Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Tuesday, June 30th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Tuesday, June 30th. American Healthcare REIT’s dividend payout ratio is currently 172.41%.
Insider Buying and Selling
In related news, EVP Mark E. Foster sold 2,500 shares of the firm’s stock in a transaction on Wednesday, June 24th. The stock was 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 owned 52,995 shares of the company’s stock, valued at $2,574,497.10. This trade represents a 4.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Brian Peay sold 25,000 shares of the firm’s stock in a transaction on Friday, June 26th. The stock was sold at an average price of $50.70, for a total value of $1,267,500.00. Following the completion of the sale, the chief financial officer directly owned 152,700 shares of the company’s stock, valued at $7,741,890. The trade was a 14.07% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 29,500 shares of company stock valued at $1,485,590. 0.75% of the stock is owned by corporate insiders.
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.
Featured Stories
- Five stocks we like better than American Healthcare REIT
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
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).
Receive News & Ratings for American Healthcare REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Healthcare REIT and related companies with MarketBeat.com's FREE daily email newsletter.
