Storgate LLC Takes Position in American Healthcare REIT, Inc. $AHR

Storgate LLC bought a new stake in American Healthcare REIT, Inc. (NYSE:AHRFree Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 19,642 shares of the company’s stock, valued at approximately $924,000. American Healthcare REIT comprises 0.8% of Storgate LLC’s portfolio, making the stock its 16th biggest position.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fortis Group Advisors LLC increased its position in American Healthcare REIT by 0.8% during the third quarter. Fortis Group Advisors LLC now owns 27,565 shares of the company’s stock worth $1,235,000 after buying an additional 209 shares during the last quarter. Spire Wealth Management increased its position in American Healthcare REIT by 1.8% during the fourth quarter. Spire Wealth Management now owns 16,127 shares of the company’s stock worth $759,000 after buying an additional 279 shares during the last quarter. Optiver Holding B.V. increased its position in American Healthcare REIT by 83.1% during the third quarter. Optiver Holding B.V. now owns 652 shares of the company’s stock worth $27,000 after buying an additional 296 shares during the last quarter. Militia Capital Partners LP increased its position in American Healthcare REIT by 1.6% during the third quarter. Militia Capital Partners LP now owns 19,100 shares of the company’s stock worth $802,000 after buying an additional 300 shares during the last quarter. Finally, Centaurus Financial Inc. increased its position in American Healthcare REIT by 6.7% during the third quarter. Centaurus Financial Inc. now owns 5,503 shares of the company’s stock worth $231,000 after buying an additional 346 shares during the last quarter. Institutional investors and hedge funds own 16.68% of the company’s stock.

Insider Activity at American Healthcare REIT

In other news, EVP Mark E. Foster sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $48.32, for a total value of $96,640.00. Following the transaction, the executive vice president owned 55,495 shares of the company’s stock, valued at approximately $2,681,518.40. This represents a 3.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.75% of the company’s stock.

American Healthcare REIT Price Performance

American Healthcare REIT stock opened at $46.81 on Friday. American Healthcare REIT, Inc. has a 12 month low of $34.86 and a 12 month high of $54.67. The stock’s 50 day moving average is $49.18 and its 200-day moving average is $49.24. 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 $9.02 billion, a price-to-earnings ratio of 80.70, a PEG ratio of 1.56 and a beta of 0.80.

American Healthcare REIT (NYSE:AHRGet Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.13 EPS for the quarter, missing the consensus estimate 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 firm had revenue of $650.77 million during 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 for the quarter was up 20.4% compared to the same quarter last year. American Healthcare REIT has set its FY 2026 guidance at 2.030-2.090 EPS. Equities research analysts expect that American Healthcare REIT, Inc. will post 2.06 EPS for the current year.

American Healthcare REIT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 17th. Stockholders of record on Tuesday, March 31st were given a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $1.00 annualized dividend and a dividend yield of 2.1%. American Healthcare REIT’s dividend payout ratio is presently 172.41%.

Analysts Set New Price Targets

A number of equities analysts have weighed in on AHR shares. The Goldman Sachs Group set a $60.00 price target on American Healthcare REIT in a research report on Monday, March 2nd. Royal Bank Of Canada boosted their price target on American Healthcare REIT from $54.00 to $56.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 26th. KeyCorp boosted their price target on American Healthcare REIT from $55.00 to $58.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. Scotiabank boosted their price target on American Healthcare REIT from $55.00 to $59.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, March 11th. Finally, Citigroup reissued a “market outperform” rating on shares of American Healthcare REIT in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $55.64.

Check Out Our Latest Report on AHR

About American Healthcare REIT

(Free Report)

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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Institutional Ownership by Quarter for American Healthcare REIT (NYSE:AHR)

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