Aptus Capital Advisors LLC Makes New Investment in American Healthcare REIT, Inc. $AHR

Key Points

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Aptus Capital Advisors LLC purchased a new position in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 259,427 shares of the company's stock, valued at approximately $7,861,000. Aptus Capital Advisors LLC owned about 0.16% of American Healthcare REIT at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in AHR. Stratos Wealth Partners LTD. increased its holdings in shares of American Healthcare REIT by 57.9% in the 1st quarter. Stratos Wealth Partners LTD. now owns 16,070 shares of the company's stock valued at $487,000 after acquiring an additional 5,891 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of American Healthcare REIT by 42.2% in the 1st quarter. GAMMA Investing LLC now owns 1,405 shares of the company's stock valued at $43,000 after acquiring an additional 417 shares during the last quarter. Kingswood Wealth Advisors LLC purchased a new position in shares of American Healthcare REIT in the 1st quarter valued at about $332,000. Sequoia Financial Advisors LLC purchased a new position in shares of American Healthcare REIT in the 1st quarter valued at about $476,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of American Healthcare REIT by 4.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,235,051 shares of the company's stock valued at $67,722,000 after acquiring an additional 89,926 shares during the last quarter. Hedge funds and other institutional investors own 16.68% of the company's stock.

American Healthcare REIT Stock Performance

Shares of American Healthcare REIT stock traded down $0.0330 on Friday, reaching $42.4470. 1,845,330 shares of the stock were exchanged, compared to its average volume of 1,571,118. 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 business has a fifty day moving average price of $38.05 and a two-hundred day moving average price of $33.57. American Healthcare REIT, Inc. has a 1-year low of $20.15 and a 1-year high of $43.14. The firm has a market capitalization of $7.16 billion, a PE ratio of -192.94, a PEG ratio of 2.17 and a beta of 1.08.

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 company had revenue of $542.50 million for the quarter, compared to analysts' expectations of $539.49 million. During the same quarter in the previous year, the firm posted $0.33 EPS. The firm'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. As a group, research analysts anticipate that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current fiscal year.

American Healthcare REIT Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Monday, June 30th were given a dividend of $0.25 per share. 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 payout ratio is presently -454.55%.

Insider Transactions at American Healthcare REIT

In other American Healthcare REIT news, CIO Stefan K.L. Oh sold 3,860 shares of the business'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 transaction of $139,346.00. Following the transaction, the executive owned 95,671 shares in the company, valued at approximately $3,453,723.10. The trade was a 3.88% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.00% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on AHR. JMP Securities increased their price objective on American Healthcare REIT from $40.00 to $45.00 and gave the company a "market outperform" rating in a report on Monday, August 11th. Scotiabank assumed coverage on American Healthcare REIT in a report on Monday, June 30th. They issued a "sector outperform" rating and a $42.00 price objective on the stock. Truist Financial boosted their target price on American Healthcare REIT from $38.00 to $44.00 and gave the company a "buy" rating in a report on Monday, August 18th. KeyCorp boosted their target price on American Healthcare REIT from $34.00 to $40.00 and gave the company an "overweight" rating in a report on Wednesday, June 11th. Finally, Robert W. Baird initiated coverage on American Healthcare REIT in a report on Friday, July 18th. They set an "outperform" rating and a $41.00 price target for the company. 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 data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $41.11.

About American Healthcare REIT

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.