Cbre Investment Management Listed Real Assets LLC Buys 267,491 Shares of American Healthcare REIT, Inc. $AHR

Key Points

• Cbre Investment Management Listed Real Assets LLC increased its shareholdings in American Healthcare REIT by 22.5% in Q1, acquiring an additional 267,491 shares, totaling 1,458,125 shares valued at approximately $44.18 million.
• American Healthcare REIT recently announced a quarterly dividend of $0.25 per share, which reflects an annual yield of 2.4%, despite a negative payout ratio of -454.55%.
• Analysts have shown positive sentiment towards American Healthcare REIT, with multiple firms raising their price targets to as high as $45 and a consensus rating of "Buy."

Cbre Investment Management Listed Real Assets LLC increased its position in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 22.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,458,125 shares of the company's stock after acquiring an additional 267,491 shares during the period. Cbre Investment Management Listed Real Assets LLC owned approximately 0.93% of American Healthcare REIT worth $44,181,000 as of its most recent filing with the Securities and Exchange Commission.

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

Insider Buying and Selling

In other American Healthcare REIT news, CIO Stefan K.L. Oh sold 3,860 shares of the firm'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 transaction of $139,346.00. Following the sale, the executive 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.92% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on AHR shares. 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 report on Tuesday. JMP Securities increased their price target on shares of American Healthcare REIT from $40.00 to $45.00 and gave the stock a "market outperform" rating in a research note on Monday, August 11th. Robert W. Baird initiated coverage on shares of American Healthcare REIT in a research note on Friday, July 18th. They issued an "outperform" rating and a $41.00 price target for the company. Scotiabank reiterated an "outperform" rating on shares of American Healthcare REIT in a research note on Thursday. Finally, Royal Bank Of Canada increased their price target on shares of American Healthcare REIT from $39.00 to $45.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 13th. One research analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $41.89.

American Healthcare REIT Stock Performance

Shares of NYSE AHR traded down $0.02 during trading on Thursday, reaching $42.71. 326,122 shares of the company traded hands, compared to its average volume of 1,634,573. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $7.20 billion, a PE ratio of -193.99, a P/E/G ratio of 2.18 and a beta of 1.08. The firm has a 50 day simple moving average of $38.47 and a 200-day simple moving average of $33.79. American Healthcare REIT, Inc. has a 52-week low of $20.15 and a 52-week high of $43.14.

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 (EPS) for the quarter, topping 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 quarter last year, the firm posted $0.33 earnings per share. The firm's revenue 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 earnings per share for the current year.

American Healthcare REIT Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Monday, June 30th were paid a dividend of $0.25 per share. The ex-dividend date was Monday, June 30th. This represents a $1.00 dividend on an annualized basis and a yield of 2.3%. American Healthcare REIT's dividend payout ratio (DPR) is presently -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.