Turtle Creek Wealth Advisors LLC Buys Shares of 5,735 American Healthcare REIT, Inc. $AHR

Turtle Creek Wealth Advisors LLC bought a new stake in American Healthcare REIT, Inc. (NYSE:AHR) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 5,735 shares of the company’s stock, valued at approximately $211,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. GAMMA Investing LLC boosted its stake in American Healthcare REIT by 22.1% in the second quarter. GAMMA Investing LLC now owns 1,716 shares of the company’s stock valued at $63,000 after acquiring an additional 311 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in American Healthcare REIT by 1.4% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 29,300 shares of the company’s stock valued at $1,086,000 after acquiring an additional 393 shares during the period. Lion Street Advisors LLC boosted its stake in American Healthcare REIT by 6.2% in the second quarter. Lion Street Advisors LLC now owns 7,373 shares of the company’s stock valued at $271,000 after acquiring an additional 430 shares during the period. Benjamin Edwards Inc. boosted its position in shares of American Healthcare REIT by 3.2% during the first quarter. Benjamin Edwards Inc. now owns 14,368 shares of the company’s stock worth $435,000 after buying an additional 444 shares during the period. Finally, Xponance Inc. boosted its position in shares of American Healthcare REIT by 4.3% during the first quarter. Xponance Inc. now owns 11,489 shares of the company’s stock worth $348,000 after buying an additional 470 shares during the period. 16.68% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at American Healthcare REIT

In other news, EVP Mark E. Foster sold 3,850 shares of the stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $41.89, for a total transaction of $161,276.50. Following the completion of the sale, the executive vice president owned 59,100 shares in the company, valued at approximately $2,475,699. This represents a 6.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.92% of the company’s stock.

Analysts Set New Price Targets

AHR has been the topic of several analyst reports. Robert W. Baird initiated coverage on American Healthcare REIT in a research report on Friday, July 18th. They issued an “outperform” rating and a $41.00 target price on the stock. JMP Securities raised their target price on American Healthcare REIT from $45.00 to $50.00 and gave the company a “market outperform” rating in a research report on Friday. Baird R W upgraded American Healthcare REIT to a “strong-buy” rating in a research report on Thursday, July 17th. Morgan Stanley restated an “overweight” rating on shares of American Healthcare REIT in a research report on Wednesday, September 3rd. Finally, Scotiabank restated an “outperform” rating on shares of American Healthcare REIT in a research report on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $45.00.

American Healthcare REIT Stock Performance

AHR opened at $43.34 on Friday. The company has a market capitalization of $7.31 billion, a price-to-earnings ratio of -196.99, a price-to-earnings-growth ratio of 2.18 and a beta of 0.98. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.48 and a quick ratio of 0.48. American Healthcare REIT, Inc. has a 1-year low of $24.21 and a 1-year high of $43.52. The business has a 50 day moving average price of $41.92 and a two-hundred day moving average price of $37.09.

American Healthcare REIT (NYSE:AHR) last released its earnings results on Thursday, August 7th. The company reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. The firm had revenue of $542.50 million during the quarter, compared to the consensus estimate of $539.49 million. American Healthcare REIT had a negative return on equity of 1.43% and a negative net margin of 1.56%.The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.33 earnings per share. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. Research analysts predict that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Tuesday, September 30th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Tuesday, September 30th. American Healthcare REIT’s dividend payout ratio is -454.55%.

American Healthcare REIT Profile

Formed by the successful merger of Griffin-American Healthcare REIT III and Griffin-American Healthcare REIT IV, as well as the acquisition of the business and operations of American Healthcare Investors, American Healthcare REIT is one of the larger healthcare-focused real estate investment trusts globally with assets totaling approximately $4.2 billion in gross investment value.