Amundi Has $2.69 Million Stock Holdings in American Healthcare REIT, Inc. $AHR

Key Points

• Amundi increased its stake in American Healthcare REIT by 9.1%, acquiring an additional 7,370 shares, bringing its total holdings to approximately 88,515 shares valued at $2,691,000.
• Invesco Ltd. and Vanguard Group also significantly boosted their stakes in American Healthcare REIT, with Invesco increasing its holdings by 1,543.1% and Vanguard by 22.4% during the first quarter.
• American Healthcare REIT reported a Q2 EPS of $0.42, exceeding analyst estimates, and recently announced a quarterly dividend of $0.25 per share, with a yield of 2.3%.

Amundi lifted its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 9.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 88,515 shares of the company's stock after buying an additional 7,370 shares during the period. Amundi owned about 0.06% of American Healthcare REIT worth $2,691,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Wolff Wiese Magana LLC acquired a new position in shares of American Healthcare REIT during the first quarter worth $25,000. MassMutual Private Wealth & Trust FSB increased its holdings in American Healthcare REIT by 189.0% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 968 shares of the company's stock worth $29,000 after purchasing an additional 633 shares in the last quarter. Spirit of America Management Corp NY acquired a new position in American Healthcare REIT in the 1st quarter worth about $30,000. Avalon Trust Co acquired a new position in American Healthcare REIT in the 1st quarter worth about $36,000. Finally, Continuum Advisory LLC acquired a new position in American Healthcare REIT in the 1st quarter worth about $37,000. 16.68% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Scotiabank reaffirmed an "outperform" rating on shares of American Healthcare REIT in a research note on Thursday, August 28th. Robert W. Baird assumed coverage on shares of American Healthcare REIT in a research report on Friday, July 18th. They issued an "outperform" rating and a $41.00 price target for the company. Truist Financial upped their price target on shares of American Healthcare REIT from $44.00 to $46.00 and gave the company a "buy" rating in a research report on Tuesday, August 26th. JMP Securities upped 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 research report on Monday, August 11th. Finally, Morgan Stanley restated an "overweight" rating on shares of American Healthcare REIT in a report on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the company's stock. According to data from MarketBeat, American Healthcare REIT currently has an average rating of "Buy" and an average target price of $41.89.

Insider Transactions at American Healthcare REIT

In other American Healthcare REIT news, CIO Stefan K.L. Oh sold 3,860 shares of the stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $36.10, for a total transaction of $139,346.00. Following the completion of the sale, 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 position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Mark E. Foster sold 3,850 shares of the firm's stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $41.89, for a total value 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. Company insiders own 0.92% of the company's stock.

American Healthcare REIT Trading Down 0.5%

NYSE:AHR traded down $0.20 on Wednesday, reaching $42.09. 1,545,450 shares of the stock traded hands, compared to its average volume of 1,438,695. The firm has a market capitalization of $7.10 billion, a price-to-earnings ratio of -191.34, a price-to-earnings-growth ratio of 2.17 and a beta of 1.09. The company's 50 day moving average is $40.34 and its 200-day moving average is $35.26. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.41. 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 posted its quarterly earnings data 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 company had revenue of $542.50 million during the quarter, compared to analysts' expectations of $539.49 million. During the same period in the prior year, the company posted $0.33 earnings per share. American Healthcare REIT's revenue for the quarter was up 7.5% compared to the same quarter last year. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. Equities research analysts anticipate that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal 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 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 was Monday, June 30th. American Healthcare REIT's dividend payout ratio (DPR) is presently -454.55%.

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.