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 grew its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 776.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund 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.

Other large investors have also recently modified their holdings of the company. Wolff Wiese Magana LLC bought a new stake in shares of American Healthcare REIT during the 1st quarter valued at about $25,000. MassMutual Private Wealth & Trust FSB boosted its position in shares of American Healthcare REIT by 189.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 968 shares of the company's stock valued at $29,000 after acquiring an additional 633 shares during the last quarter. Spirit of America Management Corp NY bought a new stake in shares of American Healthcare REIT during the 1st quarter valued at about $30,000. Avalon Trust Co bought a new stake in shares of American Healthcare REIT during the 1st quarter valued at about $36,000. Finally, Continuum Advisory LLC bought a new stake in shares of American Healthcare REIT during the 1st quarter valued at about $37,000. Institutional investors own 16.68% of the company's stock.

American Healthcare REIT Stock Performance

Shares of AHR stock opened at $42.70 on Friday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.48 and a current ratio of 0.48. American Healthcare REIT, Inc. has a fifty-two week low of $22.64 and a fifty-two week high of $43.52. The stock has a 50 day moving average price of $39.86 and a two-hundred day moving average price of $34.91. The company has a market capitalization of $7.20 billion, a P/E ratio of -194.09, a PEG ratio of 2.22 and a beta of 1.09.

American Healthcare REIT (NYSE:AHR - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.42 earnings per share for the quarter, beating 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 firm had revenue of $542.50 million during the quarter, compared to the consensus estimate of $539.49 million. During the same quarter in the previous year, the company posted $0.33 earnings per share. The business'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. Analysts expect 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 disclosed a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Monday, June 30th were given 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 payout ratio is presently -454.55%.

Analysts Set New Price Targets

AHR has been the subject of a number of research analyst reports. KeyCorp lifted their price target on American Healthcare REIT from $34.00 to $40.00 and gave the company an "overweight" rating in a research report on Wednesday, June 11th. Truist Financial boosted their target price 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. Morgan Stanley reissued an "overweight" rating on shares of American Healthcare REIT in a research note on Wednesday, September 3rd. Baird R W raised shares of American Healthcare REIT to a "strong-buy" rating in a research note on Thursday, July 17th. Finally, Robert W. Baird began coverage on shares of American Healthcare REIT in a research note on Friday, July 18th. They set an "outperform" rating and a $41.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the stock. Based on data from MarketBeat.com, American Healthcare REIT has an average rating of "Buy" and an average price target of $41.89.

Insider Activity at American Healthcare REIT

In other American Healthcare REIT news, EVP Mark E. Foster sold 3,850 shares of the business's stock in a transaction that occurred on 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 sale, the executive vice president owned 59,100 shares in the company, valued at approximately $2,475,699. The trade was a 6.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CIO Stefan K.L. Oh sold 3,860 shares of the business's stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $36.10, for a total value of $139,346.00. Following the completion of the sale, the executive owned 95,671 shares of the company's stock, valued at $3,453,723.10. The trade was a 3.88% decrease in their position. The disclosure for this sale can be found here. Insiders own 0.92% of the company's stock.

American Healthcare REIT 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.