Militia Capital Partners LP Acquires 13,200 Shares of American Healthcare REIT, Inc. $AHR

Key Points

• Militia Capital Partners LP increased its holdings in American Healthcare REIT by 776.5% during the first quarter, acquiring an additional 13,200 shares and bringing its total shares to 14,900, valued at approximately $451,000.
• AHR reported quarterly earnings of $0.42 per share, exceeding analysts' expectations, with revenue of $542.5 million, reflecting a 7.5% year-over-year increase.
• The company recently announced a quarterly dividend of $0.25 per share, yielding 2.3%, despite a negative payout ratio of -454.55%.

Militia Capital Partners LP boosted its holdings in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 776.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,900 shares of the company's stock after acquiring an additional 13,200 shares during the quarter. Militia Capital Partners LP's holdings in American Healthcare REIT were worth $451,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AHR. Ameriprise Financial Inc. boosted its holdings in shares of American Healthcare REIT by 26.9% in the fourth quarter. Ameriprise Financial Inc. now owns 95,974 shares of the company's stock valued at $2,728,000 after acquiring an additional 20,366 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in shares of American Healthcare REIT by 480.5% in the fourth quarter. BNP Paribas Financial Markets now owns 98,883 shares of the company's stock valued at $2,810,000 after acquiring an additional 81,848 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of American Healthcare REIT by 11.7% in the fourth quarter. Bank of America Corp DE now owns 1,078,050 shares of the company's stock valued at $30,638,000 after acquiring an additional 113,006 shares in the last quarter. EP Wealth Advisors LLC bought a new position in shares of American Healthcare REIT in the fourth quarter valued at approximately $206,000. Finally, Janus Henderson Group PLC boosted its holdings in shares of American Healthcare REIT by 36.6% in the fourth quarter. Janus Henderson Group PLC now owns 128,545 shares of the company's stock valued at $3,653,000 after acquiring an additional 34,433 shares in the last quarter. Institutional investors own 16.68% of the company's stock.

Insider Transactions at American Healthcare REIT

In other 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mark E. Foster sold 3,850 shares of the firm's stock in a transaction dated Wednesday, September 3rd. The shares were 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 $2,475,699. The trade was a 6.12% decrease in their position. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by corporate insiders.

American Healthcare REIT Price Performance

NYSE AHR traded down $0.06 during trading hours on Wednesday, reaching $42.23. 449,843 shares of the company's stock were exchanged, compared to its average volume of 1,617,484. The firm has a fifty day moving average of $40.22 and a 200-day moving average of $35.22. American Healthcare REIT, Inc. has a one year low of $23.66 and a one year high of $43.52. 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 stock has a market cap of $7.12 billion, a PE ratio of -192.41, a price-to-earnings-growth ratio of 2.20 and a beta of 1.09.

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 the consensus estimate of $0.40 by $0.02. The firm had revenue of $542.50 million for the quarter, compared to the consensus estimate of $539.49 million. American Healthcare REIT had a negative return on equity of 1.43% and a negative net margin of 1.56%.The business's revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.33 EPS. 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 earnings per share for the current fiscal 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 issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Monday, June 30th. American Healthcare REIT's dividend payout ratio is -454.55%.

Analyst Upgrades and Downgrades

AHR has been the subject of several recent research reports. Baird R W raised shares of American Healthcare REIT to a "strong-buy" rating in a research note on Thursday, July 17th. Royal Bank Of Canada raised their price objective on American Healthcare REIT from $39.00 to $45.00 and gave the company an "outperform" rating in a research note on Wednesday, August 13th. Scotiabank reiterated an "outperform" rating on shares of American Healthcare REIT in a research note on Thursday, August 28th. Truist Financial boosted their price objective on American Healthcare REIT from $44.00 to $46.00 and gave the stock a "buy" rating in a research report on Tuesday, August 26th. Finally, KeyCorp boosted their price objective on American Healthcare REIT from $34.00 to $40.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 11th. One investment analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the company's stock. Based on data from MarketBeat, the stock currently 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.