FORA Capital LLC Buys New Shares in American Healthcare REIT, Inc. $AHR

Key Points

• FORA Capital LLC acquired a new stake in American Healthcare REIT, Inc., purchasing 20,077 shares valued at approximately $608,000 during the first quarter.
• Analysts have recently issued varying price targets for American Healthcare REIT stock, with targets ranging from $40.00 to $46.00 and multiple "Buy" ratings indicating positive market sentiment.
• American Healthcare REIT reported an earnings per share of $0.42 for the last quarter, surpassing analysts' expectations and showing a revenue increase of 7.5% compared to the previous year.

FORA Capital LLC bought a new stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 20,077 shares of the company's stock, valued at approximately $608,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in American Healthcare REIT by 22.4% during the first quarter. Vanguard Group Inc. now owns 18,795,192 shares of the company's stock worth $569,494,000 after purchasing an additional 3,437,861 shares in the last quarter. Principal Financial Group Inc. raised its position in shares of American Healthcare REIT by 1.1% during the first quarter. Principal Financial Group Inc. now owns 12,373,709 shares of the company's stock worth $374,923,000 after purchasing an additional 134,822 shares during the period. Invesco Ltd. lifted its holdings in shares of American Healthcare REIT by 1,543.1% during the first quarter. Invesco Ltd. now owns 5,022,455 shares of the company's stock valued at $152,180,000 after purchasing an additional 4,716,792 shares during the last quarter. Deutsche Bank AG boosted its position in shares of American Healthcare REIT by 2.3% in the 4th quarter. Deutsche Bank AG now owns 4,310,788 shares of the company's stock valued at $122,513,000 after purchasing an additional 94,925 shares during the period. Finally, Nuveen LLC purchased a new position in American Healthcare REIT in the 1st quarter worth about $68,097,000. Institutional investors own 16.68% of the company's stock.

Insiders Place Their Bets

In other American Healthcare REIT news, CIO Stefan K.L. Oh sold 3,860 shares of the company's stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $36.10, for a total transaction of $139,346.00. Following the completion of the sale, the executive directly owned 95,671 shares in the company, valued at $3,453,723.10. This represents a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.00% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on AHR shares. JMP Securities lifted their target price on shares of American Healthcare REIT from $40.00 to $45.00 and gave the stock a "market outperform" rating in a research report on Monday, August 11th. Baird R W upgraded shares of American Healthcare REIT to a "strong-buy" rating in a research report on Thursday, July 17th. Royal Bank Of Canada boosted their target price on shares of American Healthcare REIT from $39.00 to $45.00 and gave the company an "outperform" rating in a research note on Wednesday, August 13th. Morgan Stanley increased their target price on American Healthcare REIT from $37.00 to $45.00 and gave the company an "overweight" rating in a report on Tuesday, May 20th. Finally, Truist Financial lifted their price target on American Healthcare REIT from $44.00 to $46.00 and gave the company a "buy" rating in a report on Tuesday, August 26th. One research analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the company. According to MarketBeat, the company currently has an average rating of "Buy" and an average target price of $41.89.

American Healthcare REIT Price Performance

Shares of NYSE:AHR opened at $41.96 on Wednesday. The stock has a market capitalization of $7.07 billion, a P/E ratio of -190.73, a P/E/G ratio of 2.19 and a beta of 1.09. The business has a 50-day moving average of $38.98 and a two-hundred day moving average of $34.23. American Healthcare REIT, Inc. has a fifty-two week low of $20.15 and a fifty-two week 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 announced its earnings results 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 return on equity of 1.43% and a negative net margin of 1.56%.The firm had revenue of $542.50 million during the quarter, compared to analysts' expectations of $539.49 million. During the same quarter in the prior year, the business earned $0.33 earnings per share. The company's revenue was up 7.5% on a year-over-year basis. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. On average, equities research analysts predict that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 18th. Investors of record on Monday, June 30th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.4%. The ex-dividend date was Monday, June 30th. American Healthcare REIT's dividend payout ratio (DPR) 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.