Independent Financial Group LLC acquired a new stake in American Healthcare REIT, Inc. (NYSE:AHR – Free Report) during the first quarter, Holdings Channel reports. The fund acquired 117,932 shares of the company’s stock, valued at approximately $5,562,000.
Other hedge funds also recently added to or reduced their stakes in the company. AQR Capital Management LLC raised its position in American Healthcare REIT by 170.1% in the first quarter. AQR Capital Management LLC now owns 25,275 shares of the company’s stock valued at $766,000 after purchasing an additional 15,918 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of American Healthcare REIT by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 90,521 shares of the company’s stock worth $2,743,000 after purchasing an additional 3,954 shares during the period. NewEdge Advisors LLC grew its holdings in shares of American Healthcare REIT by 9.4% during the 1st quarter. NewEdge Advisors LLC now owns 23,509 shares of the company’s stock worth $712,000 after purchasing an additional 2,011 shares during the period. Focus Partners Wealth increased its position in shares of American Healthcare REIT by 6.6% during the 1st quarter. Focus Partners Wealth now owns 25,809 shares of the company’s stock worth $782,000 after purchasing an additional 1,591 shares during the last quarter. Finally, Acadian Asset Management LLC acquired a new stake in shares of American Healthcare REIT during the 1st quarter worth about $185,000. 16.68% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
AHR has been the topic of a number of recent analyst reports. Weiss Ratings cut shares of American Healthcare REIT from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, June 2nd. Barclays assumed coverage on shares of American Healthcare REIT in a research note on Tuesday, July 7th. They set an “overweight” rating and a $61.00 target price for the company. UBS Group boosted 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 note on Wednesday, July 8th. Royal Bank Of Canada boosted their price target on shares of American Healthcare REIT from $54.00 to $56.00 and gave the company an “outperform” rating in a research note on Tuesday, May 26th. Finally, Citigroup upgraded shares of 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. Eleven research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $57.36.
American Healthcare REIT Price Performance
AHR stock opened at $57.18 on Friday. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.28. The company has a market capitalization of $11.02 billion, a PE ratio of 98.59, a P/E/G ratio of 1.89 and a beta of 0.77. American Healthcare REIT, Inc. has a 12-month low of $36.73 and a 12-month high of $57.74. The business’s fifty day moving average price is $50.40 and its 200 day moving average price is $49.76.
American Healthcare REIT (NYSE:AHR – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by ($0.34). American Healthcare REIT had a return on equity of 3.33% and a net margin of 4.23%.The firm had revenue of $650.77 million for the quarter, compared to analyst estimates of $667.57 million. During the same period in the previous year, the company posted $0.38 EPS. American Healthcare REIT’s revenue 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, sell-side analysts anticipate that American Healthcare REIT, Inc. will post 2.07 EPS for the current year.
American Healthcare REIT Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date of this dividend was Tuesday, June 30th. American Healthcare REIT’s dividend payout ratio is currently 172.41%.
Insider Activity
In other news, CFO Brian Peay sold 25,000 shares of the firm’s stock in a transaction that occurred 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 of the company’s stock, valued at approximately $7,741,890. This trade represents a 14.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Mark E. Foster sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $48.58, for a total transaction of $121,450.00. Following the completion of the transaction, the executive vice president directly owned 52,995 shares of the company’s stock, valued at approximately $2,574,497.10. The trade was a 4.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 29,500 shares of company stock worth $1,485,590 in the last three months. Corporate insiders own 0.75% of the company’s stock.
American Healthcare REIT Company 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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