BROOKFIELD Corp ON Acquires 363,424 Shares of American Healthcare REIT, Inc. $AHR

Key Points

• BROOKFIELD Corp ON increased its shareholding in American Healthcare REIT by 75.1% in Q1, now owning approximately 0.53% of the company valued at $25.67 million.
• American Healthcare REIT reported $0.42 EPS for the last quarter, exceeding analysts' expectations, and announced a quarterly dividend of $0.25 per share.
• Institutional investors collectively hold 16.68% of the company's stock, while insiders own 0.92% of it.

BROOKFIELD Corp ON increased its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 75.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 847,132 shares of the company's stock after purchasing an additional 363,424 shares during the period. BROOKFIELD Corp ON owned approximately 0.53% of American Healthcare REIT worth $25,668,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in AHR. Ameriprise Financial Inc. grew its stake in shares of American Healthcare REIT by 26.9% during the fourth quarter. Ameriprise Financial Inc. now owns 95,974 shares of the company's stock worth $2,728,000 after purchasing an additional 20,366 shares during the period. BNP Paribas Financial Markets grew its stake in shares of American Healthcare REIT by 480.5% during the fourth quarter. BNP Paribas Financial Markets now owns 98,883 shares of the company's stock worth $2,810,000 after purchasing an additional 81,848 shares during the period. Bank of America Corp DE grew its stake in shares of American Healthcare REIT by 11.7% during the fourth quarter. Bank of America Corp DE now owns 1,078,050 shares of the company's stock worth $30,638,000 after purchasing an additional 113,006 shares during the period. EP Wealth Advisors LLC acquired a new stake in shares of American Healthcare REIT during the fourth quarter worth $206,000. Finally, Janus Henderson Group PLC grew its stake in shares of American Healthcare REIT by 36.6% during the fourth quarter. Janus Henderson Group PLC now owns 128,545 shares of the company's stock worth $3,653,000 after purchasing an additional 34,433 shares during the period. 16.68% of the stock is owned by institutional investors and hedge funds.

American Healthcare REIT Stock Down 0.2%

AHR traded down $0.10 on Wednesday, hitting $42.19. 502,756 shares of the company were exchanged, compared to its average volume of 1,617,766. American Healthcare REIT, Inc. has a 12 month low of $23.66 and a 12 month high of $43.52. The company has a market cap of $7.11 billion, a PE ratio of -191.77, a PEG ratio of 2.20 and a beta of 1.09. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.48 and a current ratio of 0.48. The stock's fifty day moving average is $40.22 and its 200-day moving average is $35.22.

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

American Healthcare REIT Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Monday, June 30th were paid 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 is currently -454.55%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on AHR shares. Truist Financial lifted their price objective on American Healthcare REIT from $44.00 to $46.00 and gave the stock a "buy" rating in a research note on Tuesday, August 26th. Baird R W raised American Healthcare REIT to a "strong-buy" rating in a research note on Thursday, July 17th. Scotiabank reissued an "outperform" rating on shares of American Healthcare REIT in a research note on Thursday, August 28th. Morgan Stanley reissued an "overweight" rating on shares of American Healthcare REIT in a research note on Wednesday, September 3rd. Finally, KeyCorp boosted their target price on American Healthcare REIT from $34.00 to $40.00 and gave the company an "overweight" rating in a research note on Wednesday, June 11th. One research analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $41.89.

Insider Activity at American Healthcare REIT

In other American Healthcare REIT news, CIO Stefan K.L. Oh sold 3,860 shares of the company's stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $36.10, for a total value of $139,346.00. Following the sale, the executive owned 95,671 shares in the company, valued at $3,453,723.10. This represents a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Mark E. Foster sold 3,850 shares of the company's stock in a transaction that occurred on 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 in the company, valued at $2,475,699. This represents a 6.12% decrease in their position. The disclosure for this sale can be found here. 1.00% of the stock is owned by corporate insiders.

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.