Aptus Capital Advisors LLC Buys Shares of 259,427 American Healthcare REIT, Inc. $AHR

Key Points

Error: Response status code does not indicate success: 429 (Too Many Requests).

Aptus Capital Advisors LLC purchased a new position in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) during the 1st quarter, according to the company in its most recent filing 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 approximately 0.16% of American Healthcare REIT as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Wolff Wiese Magana LLC purchased a new stake in shares of American Healthcare REIT during the 1st quarter valued at about $25,000. MassMutual Private Wealth & Trust FSB raised its position in shares of American Healthcare REIT by 189.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 968 shares of the company's stock valued at $29,000 after buying an additional 633 shares in the last quarter. Spirit of America Management Corp NY purchased a new stake in shares of American Healthcare REIT during the 1st quarter valued at about $30,000. Avalon Trust Co purchased a new stake in shares of American Healthcare REIT during the 1st quarter valued at about $36,000. Finally, Continuum Advisory LLC purchased a new stake in shares of American Healthcare REIT during the 1st quarter valued at about $37,000. Hedge funds and other institutional investors own 16.68% of the company's stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. JMP Securities upped their target price 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. Morgan Stanley upped their price target on shares of American Healthcare REIT from $37.00 to $45.00 and gave the company an "overweight" rating in a report on Tuesday, May 20th. Jefferies Financial Group assumed coverage on shares of American Healthcare REIT in a report on Monday, April 28th. They set a "buy" rating and a $37.00 price target on the stock. Scotiabank assumed coverage on shares of American Healthcare REIT in a report on Monday, June 30th. They set a "sector outperform" rating and a $42.00 price target on the stock. Finally, Royal Bank Of Canada upped their price target on shares of American Healthcare REIT from $39.00 to $45.00 and gave the company an "outperform" rating in a report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $41.11.

Insider Buying and Selling

In related 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 shares were sold at an average price of $36.10, for a total value of $139,346.00. Following the completion of the transaction, the executive owned 95,671 shares of the company's stock, valued at $3,453,723.10. The trade was a 3.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.92% of the stock is owned by company insiders.

American Healthcare REIT Trading Down 0.1%

Shares of NYSE:AHR traded down $0.0330 during trading on Friday, reaching $42.4470. 1,845,330 shares of the company were exchanged, compared to its average volume of 1,519,406. The firm has a market capitalization of $7.16 billion, a PE ratio of -192.94, a P/E/G ratio of 2.17 and a beta of 1.08. The business's fifty day simple moving average is $38.05 and its 200-day simple moving average is $33.52. American Healthcare REIT, Inc. has a 12-month low of $20.15 and a 12-month high of $43.14. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.48 and a quick ratio of 0.48.

American Healthcare REIT (NYSE:AHR - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.02. The business had revenue of $542.50 million for 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%. The company's quarterly revenue was up 7.5% compared to the same quarter last year. During the same period last year, the company posted $0.33 earnings per share. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. On average, research analysts anticipate that American Healthcare REIT, Inc. will post 1.41 EPS for the current year.

American Healthcare REIT Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Investors of record on Monday, June 30th were paid a $0.25 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $1.00 dividend on an annualized basis and a yield of 2.4%. American Healthcare REIT's payout ratio is -454.55%.

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.