Balefire LLC Buys Shares of 10,538 American Healthcare REIT, Inc. $AHR

Key Points

• Balefire LLC recently acquired a new position in American Healthcare REIT, investing approximately $387,000 for 10,538 shares.
• The company reported $0.42 EPS for the last quarter, exceeding estimates and achieving a 7.5% year-over-year revenue increase to $542.50 million.
• American Healthcare REIT's quarterly dividend is set at $0.25 per share, with a yield of 2.4%, despite having a negative dividend payout ratio.

Balefire LLC acquired a new stake in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,538 shares of the company's stock, valued at approximately $387,000.

Other large investors also recently bought and sold shares of the company. Wolff Wiese Magana LLC acquired a new stake in shares of American Healthcare REIT during the first quarter worth about $25,000. MassMutual Private Wealth & Trust FSB boosted its stake in shares of American Healthcare REIT by 189.0% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 968 shares of the company's stock worth $29,000 after buying an additional 633 shares during the period. Spirit of America Management Corp NY acquired a new stake in shares of American Healthcare REIT during the first quarter worth about $30,000. Avalon Trust Co acquired a new stake in American Healthcare REIT in the first quarter valued at about $36,000. Finally, Continuum Advisory LLC acquired a new stake in American Healthcare REIT in the first quarter valued at about $37,000. Institutional investors and hedge funds own 16.68% of the company's stock.

Insider Buying and Selling at American Healthcare REIT

In related 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 sale, 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 position. The transaction was disclosed in a filing with the SEC, 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 in the company, valued at $2,475,699. This trade represents a 6.12% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.92% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently commented on AHR. Robert W. Baird began 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 objective for the company. UBS Group began coverage on shares of American Healthcare REIT in a report on Friday. They issued a "buy" rating and a $51.00 target price for the company. KeyCorp increased their target price on shares of American Healthcare REIT from $34.00 to $40.00 and gave the company an "overweight" rating in a report on Wednesday, June 11th. Truist Financial increased their target price on shares of American Healthcare REIT from $44.00 to $46.00 and gave the company a "buy" rating in a report on Tuesday, August 26th. Finally, JMP Securities increased 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 report on Monday, August 11th. One research analyst has rated the stock with a Strong Buy rating and eleven have given a Buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $42.80.

American Healthcare REIT Stock Down 1.0%

Shares of NYSE:AHR traded down $0.42 during midday trading on Friday, hitting $42.22. 4,056,652 shares of the company's stock traded hands, compared to its average volume of 1,366,645. 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 company has a market cap of $7.12 billion, a PE ratio of -191.91, a P/E/G ratio of 2.19 and a beta of 1.09. The firm's fifty day moving average price is $40.58 and its two-hundred day moving average price is $35.43. American Healthcare REIT, Inc. has a twelve month low of $23.66 and a twelve month high of $43.52.

American Healthcare REIT (NYSE:AHR - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate 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 business's quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.33 EPS. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. On average, equities research analysts anticipate that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Announces Dividend

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