Alyeska Investment Group L.P. Increases Position in American Healthcare REIT, Inc. $AHR

Key Points

• Alyeska Investment Group L.P. increased its holdings in American Healthcare REIT by 43.3%, owning over 1 million shares worth approximately $31 million by the end of the first quarter.
• Major institutional investors, including Invesco Ltd. and Vanguard Group, have substantially increased their positions, with Invesco increasing its holdings by 1,543.1% during the same period.
• Equities research analysts have a consensus "Buy" rating on American Healthcare REIT, with a price target increase to an average of $41.89, reflecting bullish sentiment towards the company's future performance.

Alyeska Investment Group L.P. boosted its holdings in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 43.3% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,028,322 shares of the company's stock after purchasing an additional 310,720 shares during the quarter. Alyeska Investment Group L.P. owned about 0.65% of American Healthcare REIT worth $31,158,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of AHR. Invesco Ltd. grew its holdings in American Healthcare REIT by 1,543.1% in the first quarter. Invesco Ltd. now owns 5,022,455 shares of the company's stock worth $152,180,000 after purchasing an additional 4,716,792 shares during the period. Vanguard Group Inc. grew its holdings in shares of American Healthcare REIT by 22.4% during the first quarter. Vanguard Group Inc. now owns 18,795,192 shares of the company's stock valued at $569,494,000 after buying an additional 3,437,861 shares during the last quarter. Nuveen LLC purchased a new stake in shares of American Healthcare REIT during the first quarter valued at approximately $68,097,000. Northern Trust Corp grew its holdings in shares of American Healthcare REIT by 99.0% during the fourth quarter. Northern Trust Corp now owns 1,732,882 shares of the company's stock valued at $49,249,000 after buying an additional 861,882 shares during the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in shares of American Healthcare REIT during the first quarter valued at approximately $13,384,000. Hedge funds and other institutional investors own 16.68% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on AHR shares. Truist Financial increased their price target on shares of American Healthcare REIT from $44.00 to $46.00 and gave the company a "buy" rating in a report on Tuesday, August 26th. Robert W. Baird started coverage on shares of American Healthcare REIT in a report on Friday, July 18th. They set an "outperform" rating and a $41.00 price target on the stock. Royal Bank Of Canada increased their price target on shares of American Healthcare REIT from $39.00 to $45.00 and gave the company an "outperform" rating in a report on Wednesday, August 13th. JMP Securities increased their price target on shares of American Healthcare REIT from $40.00 to $45.00 and gave the company a "market outperform" rating in a report on Monday, August 11th. Finally, KeyCorp increased their price target on shares of American Healthcare REIT from $34.00 to $40.00 and gave the company an "overweight" rating in a report on Wednesday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $41.89.

Insiders Place Their Bets

In other American Healthcare REIT news, CIO Stefan K.L. Oh sold 3,860 shares of the stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $36.10, for a total value of $139,346.00. Following the transaction, the executive directly owned 95,671 shares in the company, valued at approximately $3,453,723.10. This trade represents a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.00% of the company's stock.

American Healthcare REIT Trading Down 0.1%

Shares of AHR stock opened at $41.97 on Thursday. American Healthcare REIT, Inc. has a 12-month low of $21.13 and a 12-month high of $43.14. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.41. The firm's 50 day moving average is $39.10 and its 200 day moving average is $34.29. The stock has a market capitalization of $7.07 billion, a P/E ratio of -190.76, a P/E/G ratio of 2.19 and a beta of 1.09.

American Healthcare REIT (NYSE:AHR - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.02. American Healthcare REIT had a negative net margin of 1.56% and a negative return on equity of 1.43%. The business had revenue of $542.50 million for the quarter, compared to the consensus estimate of $539.49 million. During the same period last year, the firm earned $0.33 earnings per share. The company's quarterly revenue 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. Research analysts expect that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current year.

American Healthcare REIT Dividend Announcement

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

American Healthcare REIT Company 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.

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