FJ Capital Management LLC Acquires 23,480 Shares of American Healthcare REIT, Inc. $AHR

Key Points

• FJ Capital Management LLC has increased its stake in American Healthcare REIT, Inc. (NYSE:AHR) by 68.8%, owning 57,611 shares worth approximately $1.746 million as of the end of the first quarter.
• American Healthcare REIT reported $0.42 earnings per share for the last quarter, surpassing estimates, while its revenue was $542.5 million, a 7.5% increase year-over-year.
• The company declared a quarterly dividend of $0.25 per share, reflecting an annualized yield of 2.3%, despite a high dividend payout ratio of -454.55%.

FJ Capital Management LLC raised its holdings in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 68.8% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,611 shares of the company's stock after purchasing an additional 23,480 shares during the quarter. FJ Capital Management LLC's holdings in American Healthcare REIT were worth $1,746,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently bought and sold shares of the company. Stratos Wealth Partners LTD. grew its stake in 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 purchasing an additional 5,891 shares during the period. GAMMA Investing LLC grew its stake in 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 purchasing an additional 417 shares during the period. Kingswood Wealth Advisors LLC bought a new position in American Healthcare REIT in the 1st quarter valued at $332,000. Sequoia Financial Advisors LLC bought a new position in American Healthcare REIT in the 1st quarter valued at $476,000. Finally, Charles Schwab Investment Management Inc. grew its stake in 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 purchasing an additional 89,926 shares during the period. Institutional investors own 16.68% of the company's stock.

Insider Activity

In other American Healthcare REIT news, CIO Stefan K.L. Oh sold 3,860 shares of the firm's stock in a transaction dated Monday, June 30th. The stock was 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 in the company, valued at $3,453,723.10. This trade represents a 3.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Mark E. Foster sold 3,850 shares of the firm's stock in a transaction dated Wednesday, September 3rd. The stock was 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 owned 59,100 shares of the company's stock, valued at approximately $2,475,699. This represents a 6.12% decrease in their position. The disclosure for this sale can be found here. 0.92% of the stock is owned by company insiders.

American Healthcare REIT Stock Performance

Shares of AHR stock traded down $0.04 on Friday, hitting $42.68. 1,605,530 shares of the stock were exchanged, compared to its average volume of 1,537,072. American Healthcare REIT, Inc. has a one year low of $21.87 and a one year high of $43.14. The firm's 50 day moving average is $39.36 and its two-hundred day moving average is $34.49. 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 firm has a market capitalization of $7.19 billion, a PE ratio of -194.00, a P/E/G ratio of 2.19 and a beta of 1.09.

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 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 business had revenue of $542.50 million during the quarter, compared to the consensus estimate of $539.49 million. During the same quarter last year, the company earned $0.33 EPS. 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. Sell-side analysts expect that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current fiscal year.

American Healthcare REIT Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Monday, June 30th were paid a $0.25 dividend. The ex-dividend date was Monday, June 30th. This represents a $1.00 annualized dividend and a yield of 2.3%. American Healthcare REIT's dividend payout ratio (DPR) is currently -454.55%.

Wall Street Analysts Forecast Growth

AHR has been the subject of a number of recent analyst reports. Scotiabank restated an "outperform" rating on shares of American Healthcare REIT in a research note on Thursday, August 28th. KeyCorp upped their price objective on American Healthcare REIT from $34.00 to $40.00 and gave the company an "overweight" rating in a research note on Wednesday, June 11th. Truist Financial increased their price target on American Healthcare REIT from $44.00 to $46.00 and gave the stock a "buy" rating in a research note on Tuesday, August 26th. Royal Bank Of Canada increased their price target on American Healthcare REIT from $39.00 to $45.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 13th. Finally, JMP Securities increased their price target on 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. One research analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $41.89.

American Healthcare REIT Company 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.