Beacon Financial Advisory LLC Makes New Investment in American Healthcare REIT, Inc. $AHR

Key Points

• Beacon Financial Advisory LLC has acquired 6,254 shares of American Healthcare REIT, Inc. valued at approximately $230,000 in the second quarter, according to their latest 13F filing.
• American Healthcare REIT has reported a 7.5% increase in revenue year-over-year for the last quarter, with earnings per share (EPS) of $0.42, surpassing analysts' expectations.
• The company will issue a quarterly dividend of $0.25 per share on October 17th, which represents an annualized dividend yield of 2.4%.

Beacon Financial Advisory LLC acquired a new position in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 6,254 shares of the company's stock, valued at approximately $230,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AHR. Highland Capital Management LLC purchased a new position in American Healthcare REIT during the 2nd quarter valued at about $222,000. Accel Wealth Management grew its position in American Healthcare REIT by 37.3% in the 2nd quarter. Accel Wealth Management now owns 15,781 shares of the company's stock worth $580,000 after purchasing an additional 4,287 shares during the period. Truist Financial Corp grew its holdings in shares of American Healthcare REIT by 11.9% in the second quarter. Truist Financial Corp now owns 15,913 shares of the company's stock worth $585,000 after acquiring an additional 1,691 shares during the period. State of Alaska Department of Revenue increased its position in shares of American Healthcare REIT by 4.7% during the 2nd quarter. State of Alaska Department of Revenue now owns 77,152 shares of the company's stock valued at $2,834,000 after purchasing an additional 3,441 shares during the last quarter. Finally, Public Employees Retirement System of Ohio increased its holdings in American Healthcare REIT by 7.4% during the second quarter. Public Employees Retirement System of Ohio now owns 231,343 shares of the company's stock valued at $8,500,000 after buying an additional 15,959 shares during the last quarter. Hedge funds and other institutional investors own 16.68% of the company's stock.

Insider Activity at American Healthcare REIT

In related news, EVP Mark E. Foster sold 3,850 shares of the firm's stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $41.89, for a total value of $161,276.50. Following the completion of the transaction, the executive vice president directly owned 59,100 shares of the company's stock, valued at approximately $2,475,699. This trade represents a 6.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.92% of the company's stock.

American Healthcare REIT Price Performance

AHR stock opened at $41.02 on Tuesday. 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's fifty day moving average price is $41.51 and its 200-day moving average price is $36.48. American Healthcare REIT, Inc. has a one year low of $23.66 and a one year high of $43.52. The company has a market capitalization of $6.91 billion, a PE ratio of -186.45, a price-to-earnings-growth ratio of 2.10 and a beta of 0.98.

American Healthcare REIT (NYSE:AHR - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $539.49 million. During the same period in the previous year, the firm posted $0.33 EPS. 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. On average, equities analysts anticipate that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 30th. American Healthcare REIT's dividend payout ratio is -454.55%.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on AHR. UBS Group assumed 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. Truist Financial increased their target price on shares of American Healthcare REIT from $44.00 to $46.00 and gave the stock a "buy" rating in a report on Tuesday, August 26th. Baird R W raised shares of American Healthcare REIT to a "strong-buy" rating in a report on Thursday, July 17th. Morgan Stanley reissued an "overweight" rating on shares of American Healthcare REIT in a research note on Wednesday, September 3rd. Finally, KeyCorp raised their price objective on shares of American Healthcare REIT from $34.00 to $40.00 and gave the company an "overweight" rating in a research report on Wednesday, June 11th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $44.11.

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.

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