HighTower Advisors LLC Purchases 48,247 Shares of American Healthcare REIT, Inc. $AHR

Key Points

• HighTower Advisors LLC increased its holdings in American Healthcare REIT by 68.9%, acquiring an additional 48,247 shares during the first quarter, bringing its total ownership to 118,230 shares.
• American Healthcare REIT recently announced a quarterly dividend of $0.25 per share, representing an annualized payout of $1.00 and a yield of 2.4%.
• The company's stock has seen strong interest from institutional investors, with several hedge funds significantly increasing their stakes, including Invesco Ltd., which raised its position by 1,543.1%.

HighTower Advisors LLC grew its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 68.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 118,230 shares of the company's stock after acquiring an additional 48,247 shares during the period. HighTower Advisors LLC owned about 0.08% of American Healthcare REIT worth $3,582,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. GAMMA Investing LLC increased its position in American Healthcare REIT by 42.2% in the first quarter. GAMMA Investing LLC now owns 1,405 shares of the company's stock worth $43,000 after buying an additional 417 shares in the last quarter. Benjamin Edwards Inc. lifted its position in shares of American Healthcare REIT by 3.2% during the 1st quarter. Benjamin Edwards Inc. now owns 14,368 shares of the company's stock valued at $435,000 after buying an additional 444 shares in the last quarter. Xponance Inc. grew its stake in shares of American Healthcare REIT by 4.3% during the 1st quarter. Xponance Inc. now owns 11,489 shares of the company's stock valued at $348,000 after acquiring an additional 470 shares during the period. MassMutual Private Wealth & Trust FSB increased its holdings in American Healthcare REIT by 189.0% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 968 shares of the company's stock worth $29,000 after acquiring an additional 633 shares in the last quarter. Finally, Mutual Advisors LLC increased its holdings in American Healthcare REIT by 6.4% in the 1st quarter. Mutual Advisors LLC now owns 10,603 shares of the company's stock worth $330,000 after acquiring an additional 640 shares in the last quarter. 16.68% of the stock is currently owned by hedge funds and other institutional investors.

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 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 transaction, the executive directly owned 95,671 shares of the company's stock, valued at approximately $3,453,723.10. The trade was a 3.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.92% of the company's stock.

Analyst Ratings Changes

AHR has been the subject of a number of recent analyst reports. Jefferies Financial Group assumed coverage on shares of American Healthcare REIT in a research report on Monday, April 28th. They issued a "buy" rating and a $37.00 price target for the company. Scotiabank started coverage on shares of American Healthcare REIT in a research note on Monday, June 30th. They set a "sector outperform" rating and a $42.00 target price on the stock. KeyCorp upped their target price on shares of American Healthcare REIT from $34.00 to $40.00 and gave the stock an "overweight" rating in a report on Wednesday, June 11th. Baird R W raised American Healthcare REIT to a "strong-buy" rating in a report on Thursday, July 17th. Finally, Truist Financial boosted their price objective on American Healthcare REIT from $38.00 to $44.00 and gave the company a "buy" rating in a research report on Monday, August 18th. One investment analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $41.11.

American Healthcare REIT Price Performance

Shares of American Healthcare REIT stock traded down $0.0330 during trading on Friday, reaching $42.4470. 1,845,330 shares of the stock traded hands, compared to its average volume of 1,519,406. American Healthcare REIT, Inc. has a 52-week low of $20.15 and a 52-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. The business has a fifty day simple moving average of $38.05 and a two-hundred day simple moving average of $33.57. The company has a market capitalization of $7.16 billion, a price-to-earnings ratio of -192.94, a P/E/G ratio of 2.17 and a beta of 1.08.

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 analysts' consensus estimates of $0.40 by $0.02. The firm had revenue of $542.50 million during 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%. American Healthcare REIT's revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period last year, the firm posted $0.33 earnings per share. 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 EPS for the current year.

American Healthcare REIT Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 18th. Stockholders of record on Monday, June 30th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, June 30th. This represents a $1.00 annualized dividend and a dividend yield of 2.4%. American Healthcare REIT's payout ratio is currently -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.