American Healthcare REIT, Inc. $AHR Shares Sold by Aberdeen Group plc

Key Points

• Aberdeen Group plc reduced its stake in American Healthcare REIT by 18.2%, selling 187,851 shares, and now holds 843,378 shares valued at approximately $25.55 million.
• American Healthcare REIT's stock recently increased by 2.2%, reaching $41.775, with a trading volume significantly higher than its average.
• The company declared a quarterly dividend of $0.25, representing an annual yield of 2.4%, despite a negative dividend payout ratio of -454.55%.

Aberdeen Group plc reduced its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 18.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 843,378 shares of the company's stock after selling 187,851 shares during the quarter. Aberdeen Group plc owned 0.54% of American Healthcare REIT worth $25,554,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wolff Wiese Magana LLC purchased a new position in shares of American Healthcare REIT during the 1st quarter valued at approximately $25,000. MassMutual Private Wealth & Trust FSB raised its position in shares of American Healthcare REIT by 189.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 968 shares of the company's stock valued at $29,000 after acquiring an additional 633 shares in the last quarter. Spirit of America Management Corp NY acquired a new stake in shares of American Healthcare REIT during the 1st quarter valued at approximately $30,000. Avalon Trust Co acquired a new stake in shares of American Healthcare REIT during the 1st quarter valued at approximately $36,000. Finally, Continuum Advisory LLC acquired a new stake in shares of American Healthcare REIT during the 1st quarter valued at approximately $37,000. 16.68% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. JMP Securities upped their price target on American Healthcare REIT from $40.00 to $45.00 and gave the company a "market outperform" rating in a research report on Monday, August 11th. Jefferies Financial Group assumed coverage on American Healthcare REIT in a research report on Monday, April 28th. They set a "buy" rating and a $37.00 price target on the stock. Baird R W raised American Healthcare REIT to a "strong-buy" rating in a research report on Thursday, July 17th. Scotiabank assumed coverage on American Healthcare REIT in a research report on Monday, June 30th. They set a "sector outperform" rating and a $42.00 price target on the stock. Finally, KeyCorp upped their price target on American Healthcare REIT from $34.00 to $40.00 and gave the company an "overweight" rating in a research report on Wednesday, June 11th. One research analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average target price of $41.11.

American Healthcare REIT Stock Performance

AHR stock traded down $0.0330 during mid-day trading on Friday, reaching $42.4470. The company had a trading volume of 1,845,330 shares, compared to its average volume of 1,519,406. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $7.16 billion, a P/E ratio of -192.94, a P/E/G ratio of 2.17 and a beta of 1.08. American Healthcare REIT, Inc. has a one year low of $20.15 and a one year high of $43.14. The stock's 50-day simple moving average is $38.05 and its two-hundred day simple moving average is $33.54.

American Healthcare REIT (NYSE:AHR - Get Free Report) last posted 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 for the quarter, compared to analysts' expectations 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 quarterly revenue was up 7.5% compared to the same quarter last year. During the same period last year, the business posted $0.33 earnings per share. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. Research analysts anticipate that American Healthcare REIT, Inc. will post 1.41 EPS for the current year.

American Healthcare REIT Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 18th. Stockholders of record on Monday, June 30th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Monday, June 30th. American Healthcare REIT's dividend payout ratio (DPR) is -454.55%.

Insider Activity at American Healthcare REIT

In other news, CIO Stefan K.L. Oh sold 3,860 shares of the firm's stock in a transaction on Monday, June 30th. The stock was sold at an average price of $36.10, for a total transaction of $139,346.00. Following the transaction, the executive directly owned 95,671 shares of the company's stock, valued at approximately $3,453,723.10. This trade represents a 3.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.92% of the company's stock.

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.