American Healthcare REIT, Inc. $AHR Stock Holdings Boosted by Public Employees Retirement System of Ohio

Key Points

• The Public Employees Retirement System of Ohio increased its stake in American Healthcare REIT by 7.4%, now holding 231,343 shares valued at approximately $8.5 million.
• American Healthcare REIT recently reported earnings of $0.42 EPS, exceeding analysts' forecasts, with a revenue increase of 7.5% compared to the previous year.
• The company announced a quarterly dividend of $0.25 per share, reflecting an annual yield of 2.4%, with the payout ratio currently at -454.55%.

Public Employees Retirement System of Ohio grew its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 7.4% in the second quarter, according to its most recent filing with the SEC. The fund owned 231,343 shares of the company's stock after acquiring an additional 15,959 shares during the period. Public Employees Retirement System of Ohio owned about 0.15% of American Healthcare REIT worth $8,500,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. GAMMA Investing LLC lifted its holdings in shares of American Healthcare REIT by 22.1% in the second quarter. GAMMA Investing LLC now owns 1,716 shares of the company's stock valued at $63,000 after purchasing an additional 311 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of American Healthcare REIT by 1.4% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 29,300 shares of the company's stock worth $1,086,000 after acquiring an additional 393 shares during the last quarter. Benjamin Edwards Inc. increased its stake in shares of American Healthcare REIT by 3.2% in the first quarter. Benjamin Edwards Inc. now owns 14,368 shares of the company's stock worth $435,000 after acquiring an additional 444 shares during the last quarter. Xponance Inc. increased its stake in shares of American Healthcare REIT by 4.3% in the first quarter. Xponance Inc. now owns 11,489 shares of the company's stock worth $348,000 after acquiring an additional 470 shares during the last quarter. Finally, Nissay Asset Management Corp Japan ADV increased its stake in shares of American Healthcare REIT by 2.5% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 22,663 shares of the company's stock worth $687,000 after acquiring an additional 543 shares during the last quarter. Institutional investors and hedge funds own 16.68% of the company's stock.

Insiders Place Their Bets

In other American Healthcare REIT news, CIO Stefan K.L. Oh sold 3,860 shares of American Healthcare REIT stock in a transaction on 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 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Mark E. Foster sold 3,850 shares of American Healthcare REIT stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $41.89, for a total transaction of $161,276.50. Following the sale, the executive vice president directly owned 59,100 shares of the company's stock, valued at $2,475,699. This represents a 6.12% decrease in their position. The disclosure for this sale can be found here. 0.92% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

AHR has been the topic of a number of research reports. Morgan Stanley reaffirmed an "overweight" rating on shares of American Healthcare REIT in a research note on Wednesday, September 3rd. JMP Securities raised 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. Baird R W raised American Healthcare REIT to a "strong-buy" rating in a research report on Thursday, July 17th. Truist Financial lifted their target price on American Healthcare REIT from $44.00 to $46.00 and gave the stock a "buy" rating in a research report on Tuesday, August 26th. Finally, UBS Group started coverage on American Healthcare REIT in a research report on Friday, September 19th. They set a "buy" rating and a $51.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $44.11.

American Healthcare REIT Stock Performance

NYSE:AHR opened at $42.15 on Friday. 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 stock has a market capitalization of $7.10 billion, a P/E ratio of -191.57, a price-to-earnings-growth ratio of 2.18 and a beta of 1.09. The firm has a 50 day moving average of $41.06 and a 200-day moving average of $35.93. American Healthcare REIT, Inc. has a 1 year low of $23.66 and a 1 year high of $43.52.

American Healthcare REIT (NYSE:AHR - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.40 by $0.02. The business had revenue of $542.50 million during the quarter, compared to analyst estimates 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 revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter 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. As a group, sell-side analysts anticipate that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Tuesday, September 30th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 30th. American Healthcare REIT's payout ratio is currently -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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