Strs Ohio Decreases Position in American Healthcare REIT, Inc. $AHR

Strs Ohio lessened its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 41.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 236,700 shares of the company’s stock after selling 167,300 shares during the period. Strs Ohio’s holdings in American Healthcare REIT were worth $8,696,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Stratos Wealth Partners LTD. raised its stake in American Healthcare REIT by 57.9% in the first quarter. Stratos Wealth Partners LTD. now owns 16,070 shares of the company’s stock valued at $487,000 after buying an additional 5,891 shares during the last quarter. GAMMA Investing LLC raised its position in shares of American Healthcare REIT by 42.2% in the 1st quarter. GAMMA Investing LLC now owns 1,405 shares of the company’s stock valued at $43,000 after purchasing an additional 417 shares during the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in shares of American Healthcare REIT in the second quarter worth $207,000. Charles Schwab Investment Management Inc. raised its holdings in shares of American Healthcare REIT by 4.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 2,235,051 shares of the company’s stock worth $67,722,000 after buying an additional 89,926 shares during the last quarter. Finally, Beacon Financial Advisory LLC purchased a new position in shares of American Healthcare REIT in the second quarter worth $230,000. Hedge funds and other institutional investors own 16.68% of the company’s stock.

Insiders Place Their Bets

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

American Healthcare REIT Stock Performance

NYSE AHR opened at $45.40 on Friday. American Healthcare REIT, Inc. has a fifty-two week low of $24.21 and a fifty-two week high of $45.87. The firm has a market capitalization of $7.65 billion, a P/E ratio of -206.34, a PEG ratio of 2.26 and a beta of 0.98. The stock has a 50-day simple moving average of $42.50 and a two-hundred day simple moving average of $38.25. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.48 and a current ratio of 0.48.

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

American Healthcare REIT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 17th. Stockholders of record on Tuesday, September 30th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Tuesday, September 30th. American Healthcare REIT’s payout ratio is -454.55%.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the company. Scotiabank restated an “outperform” rating on shares of American Healthcare REIT in a research note on Thursday, August 28th. JMP Securities raised their price objective on American Healthcare REIT from $45.00 to $50.00 and gave the stock a “market outperform” rating in a research note on Friday, October 17th. Morgan Stanley restated an “overweight” rating on shares of American Healthcare REIT in a research note on Wednesday, September 3rd. Royal Bank Of Canada raised their price target on shares of American Healthcare REIT from $39.00 to $45.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 13th. Finally, UBS Group started coverage on shares of American Healthcare REIT in a research report on Friday, September 19th. They set a “buy” rating and a $51.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, American Healthcare REIT presently has a consensus rating of “Buy” and a consensus target price of $45.00.

About American Healthcare REIT

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.