American Healthcare REIT, Inc. $AHR Shares Acquired by California State Teachers Retirement System

Key Points

• California State Teachers Retirement System increased its AHR stake by 5,688.8% in the second quarter, acquiring 11.43 million additional shares and becoming the owner of 5.33% of American Healthcare REIT, valued at approximately $606.4 million.
• Analysts remain broadly positive, with 12 Buy ratings and two Holds. The stock has an average price target of $62.75, above its reported opening price of $53.42.
• American Healthcare REIT beat quarterly earnings and revenue expectations, reporting $0.16 EPS and $674.25 million in revenue, while revenue increased 24.3% year over year. The company maintains a quarterly dividend of $0.25 per share, equivalent to a 1.9% yield.

California State Teachers Retirement System lifted its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 5,688.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 11,627,573 shares of the company's stock after acquiring an additional 11,426,708 shares during the quarter. California State Teachers Retirement System owned 5.33% of American Healthcare REIT worth $606,378,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the business. Sigma Planning Corp boosted its holdings in shares of American Healthcare REIT by 1.5% during the first quarter. Sigma Planning Corp now owns 15,191 shares of the company's stock valued at $716,000 after acquiring an additional 222 shares during the period. GAMMA Investing LLC raised its holdings in shares of American Healthcare REIT by 7.3% during the second quarter. GAMMA Investing LLC now owns 3,264 shares of the company's stock valued at $170,000 after buying an additional 222 shares during the last quarter. NFSG Corp raised its holdings in shares of American Healthcare REIT by 8.8% during the first quarter. NFSG Corp now owns 2,993 shares of the company's stock valued at $141,000 after buying an additional 242 shares during the last quarter. Centaurus Financial Inc. boosted its position in shares of American Healthcare REIT by 4.7% during the first quarter. Centaurus Financial Inc. now owns 5,913 shares of the company's stock worth $279,000 after buying an additional 266 shares during the period. Finally, Praxis Investment Management Inc. boosted its position in shares of American Healthcare REIT by 7.2% during the first quarter. Praxis Investment Management Inc. now owns 5,692 shares of the company's stock worth $268,000 after buying an additional 381 shares during the period. Institutional investors and hedge funds own 16.68% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on AHR shares. UBS Group set a $65.00 price objective on shares of American Healthcare REIT in a report on Monday. Citizens Jmp raised their target price on shares of American Healthcare REIT from $60.00 to $65.00 and gave the company a "market outperform" rating in a research note on Monday, July 27th. Scotiabank boosted their price target on shares of American Healthcare REIT from $56.00 to $62.00 and gave the stock an "outperform" rating in a research report on Wednesday, September 2nd. Barclays upped their price target on shares of American Healthcare REIT from $61.00 to $66.00 and gave the stock an "overweight" rating in a research note on Monday, August 31st. Finally, Truist Financial raised their price objective on shares of American Healthcare REIT from $57.00 to $61.00 and gave the company a "buy" rating in a research note on Friday, August 14th. Twelve research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, American Healthcare REIT presently has an average rating of "Moderate Buy" and an average price target of $62.75.

Insider Transactions at American Healthcare REIT

In other news, CFO Brian Peay sold 25,000 shares of the business's stock in a transaction on Friday, June 26th. The shares were sold at an average price of $50.70, for a total value of $1,267,500.00. Following the completion of the sale, the chief financial officer directly owned 152,700 shares in the company, valued at approximately $7,741,890. The trade was a 14.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Mark E. Foster sold 2,000 shares of the company's stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $55.39, for a total transaction of $110,780.00. Following the sale, the executive vice president owned 51,617 shares of the company's stock, valued at $2,859,065.63. This trade represents a 3.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 29,500 shares of company stock valued at $1,499,730 over the last ninety days. Company insiders own 0.75% of the company's stock.

American Healthcare REIT Price Performance

Shares of NYSE AHR opened at $53.42 on Tuesday. American Healthcare REIT, Inc. has a twelve month low of $40.00 and a twelve month high of $58.70. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.24. The company has a market capitalization of $11.65 billion, a price-to-earnings ratio of 78.56, a PEG ratio of 1.52 and a beta of 0.74. The firm has a 50-day moving average of $55.40 and a two-hundred day moving average of $51.76.

American Healthcare REIT (NYSE:AHR - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.14 by $0.02. The business had revenue of $674.25 million during the quarter, compared to analyst estimates of $645.30 million. American Healthcare REIT had a return on equity of 3.63% and a net margin of 4.84%.American Healthcare REIT's revenue for the quarter was up 24.3% on a year-over-year basis. During the same quarter last year, the company posted $0.42 EPS. American Healthcare REIT has set its FY 2026 guidance at 2.150-2.190 EPS. As a group, analysts expect that American Healthcare REIT, Inc. will post 2.18 earnings per share for the current fiscal year.

American Healthcare REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Tuesday, June 30th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Tuesday, June 30th. American Healthcare REIT's dividend payout ratio (DPR) is currently 147.06%.

American Healthcare REIT Profile

American Healthcare REIT, Inc is a self-managed real estate investment trust focused on owning and operating healthcare-related properties. The company seeks to invest in real estate that supports healthcare delivery and senior living, with an emphasis on properties that may benefit from long-term demand for medical services and aging-related care.

Its portfolio includes outpatient medical facilities, integrated senior health campuses, skilled nursing facilities, hospitals and other healthcare properties.

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