42,290 Shares in American Healthcare REIT, Inc. $AHR Bought by Federation des caisses Desjardins du Quebec

Key Points

• The Federation des caisses Desjardins du Quebec purchased 42,290 shares of American Healthcare REIT, valued at approximately $1.28 million, during the first quarter.
• American Healthcare REIT reported a quarterly earnings per share (EPS) of $0.42, beating analysts' expectations of $0.40, along with a revenue increase of 7.5% year-over-year.
• The company announced a quarterly dividend of $0.25 per share, resulting in an annualized dividend yield of 2.3%.

Federation des caisses Desjardins du Quebec bought a new position in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 42,290 shares of the company's stock, valued at approximately $1,281,000.

Other institutional investors have also added to or reduced their stakes in the company. Wolff Wiese Magana LLC acquired a new position in American Healthcare REIT during the first quarter worth $25,000. MassMutual Private Wealth & Trust FSB increased its holdings in American Healthcare REIT by 189.0% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 968 shares of the company's stock worth $29,000 after buying an additional 633 shares during the last quarter. Spirit of America Management Corp NY acquired a new position in American Healthcare REIT during the first quarter worth $30,000. Avalon Trust Co acquired a new position in American Healthcare REIT during the first quarter worth $36,000. Finally, Continuum Advisory LLC acquired a new position in American Healthcare REIT during the first quarter worth $37,000. 16.68% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at American Healthcare REIT

In other news, EVP Mark E. Foster sold 3,850 shares of the business's stock in a transaction dated 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 sale, 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CIO Stefan K.L. Oh sold 3,860 shares of the business's stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $36.10, for a total transaction of $139,346.00. Following the completion of the sale, the executive directly owned 95,671 shares of the company's stock, valued at approximately $3,453,723.10. The trade was a 3.88% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.00% of the company's stock.

American Healthcare REIT Trading Down 0.1%

Shares of American Healthcare REIT stock opened at $42.68 on Monday. The firm has a 50-day moving average of $39.36 and a 200-day moving average of $34.58. The stock has a market cap of $7.19 billion, a PE ratio of -194.00, a PEG ratio of 2.19 and a beta of 1.09. American Healthcare REIT, Inc. has a 52-week low of $21.87 and a 52-week high of $43.14. 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 - Get Free Report) last announced its 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. The company had revenue of $542.50 million during the quarter, compared to analysts' expectations of $539.49 million. American Healthcare REIT had a negative net margin of 1.56% and a negative return on equity of 1.43%. American Healthcare REIT's quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.33 earnings per share. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. As a group, sell-side analysts forecast that American Healthcare REIT, Inc. will post 1.41 EPS for the current year.

American Healthcare REIT Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 18th. Stockholders of record on Monday, June 30th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Monday, June 30th. American Healthcare REIT's payout ratio is presently -454.55%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on AHR shares. Morgan Stanley restated an "overweight" rating on shares of American Healthcare REIT in a report on Wednesday. JMP Securities lifted their price objective on shares of American Healthcare REIT from $40.00 to $45.00 and gave the stock a "market outperform" rating in a research report on Monday, August 11th. Baird R W raised shares of American Healthcare REIT to a "strong-buy" rating in a research report on Thursday, July 17th. Scotiabank reaffirmed an "outperform" rating on shares of American Healthcare REIT in a research report on Thursday, August 28th. Finally, Royal Bank Of Canada lifted their price objective 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. One analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $41.89.

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.

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