Jefferies Financial Group Inc. Invests $3.55 Million in American Healthcare REIT, Inc. (NYSE:AHR)

Key Points

• Jefferies Financial Group Inc. invested approximately $3.55 million in American Healthcare REIT, acquiring 117,000 shares during the first quarter of 2023.
• American Healthcare REIT reported a quarterly earnings per share of $0.38, exceeding estimates, with a revenue of $540.60 million for the quarter, marking an 8.2% increase compared to the same period last year.
• The company also announced a quarterly dividend of $0.25 per share, resulting in an annualized yield of 2.6%, despite a negative dividend payout ratio of -370.37%.

Jefferies Financial Group Inc. acquired a new stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 117,000 shares of the company's stock, valued at approximately $3,545,000. Jefferies Financial Group Inc. owned about 0.07% of American Healthcare REIT as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Stratos Wealth Partners LTD. increased its holdings in shares of American Healthcare REIT by 57.9% during the 1st quarter. Stratos Wealth Partners LTD. now owns 16,070 shares of the company's stock valued at $487,000 after acquiring an additional 5,891 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of American Healthcare REIT by 42.2% during the 1st quarter. GAMMA Investing LLC now owns 1,405 shares of the company's stock valued at $43,000 after acquiring an additional 417 shares during the last quarter. Kingswood Wealth Advisors LLC acquired a new position in shares of American Healthcare REIT during the 1st quarter valued at about $332,000. Sequoia Financial Advisors LLC acquired a new position in shares of American Healthcare REIT during the 1st quarter valued at about $476,000. Finally, Janney Montgomery Scott LLC increased its holdings in shares of American Healthcare REIT by 25.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 17,493 shares of the company's stock valued at $530,000 after acquiring an additional 3,578 shares during the last quarter. Institutional investors and hedge funds own 16.68% of the company's stock.

American Healthcare REIT Price Performance

Shares of NYSE:AHR opened at $38.90 on Friday. American Healthcare REIT, Inc. has a 1-year low of $14.79 and a 1-year high of $39.30. The firm has a market capitalization of $6.20 billion, a PE ratio of -144.07, a PEG ratio of 2.18 and a beta of 1.08. The business's 50 day moving average is $36.35 and its 200-day moving average is $32.29. The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 0.45.

American Healthcare REIT (NYSE:AHR - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.01. American Healthcare REIT had a negative return on equity of 1.85% and a negative net margin of 1.96%. The company had revenue of $540.60 million for the quarter, compared to analyst estimates of $542.32 million. During the same quarter last year, the firm earned $0.30 EPS. American Healthcare REIT's revenue for the quarter was up 8.2% compared to the same quarter last year. Sell-side analysts predict that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current year.

American Healthcare REIT Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 18th. Investors of record on Monday, June 30th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Monday, June 30th. American Healthcare REIT's dividend payout ratio (DPR) is -370.37%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. KeyCorp increased their price objective on American Healthcare REIT from $34.00 to $40.00 and gave the company 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. Truist Financial raised their target price on American Healthcare REIT from $32.00 to $38.00 and gave the company a "buy" rating in a report on Monday, June 9th. Morgan Stanley raised 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, Robert W. Baird assumed coverage on American Healthcare REIT in a report on Friday, July 18th. They issued an "outperform" rating and a $41.00 target price on the stock. Ten research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $38.11.

Insider Activity at American Healthcare REIT

In related 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 stock was sold at an average price of $36.10, for a total transaction 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.92% of the stock is owned by company insiders.

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.

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