Raymond James Financial Inc. Has $4.53 Million Stock Holdings in American Healthcare REIT, Inc. $AHR

Key Points

• Raymond James Financial Inc. increased its stake in American Healthcare REIT by 34.4%, owning a total of 149,533 shares valued at approximately $4.5 million.
• American Healthcare REIT's most recent quarterly earnings report showed an EPS of $0.42, exceeding analyst estimates and reflecting a 7.5% year-over-year revenue growth to $542.5 million.
• The company announced a $0.25 quarterly dividend, resulting in an annualized yield of 2.3%, despite a significant negative payout ratio of -454.55%.

Raymond James Financial Inc. boosted its stake in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 34.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 149,533 shares of the company's stock after purchasing an additional 38,243 shares during the period. Raymond James Financial Inc. owned about 0.09% of American Healthcare REIT worth $4,531,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AHR. Wolff Wiese Magana LLC bought a new position in American Healthcare REIT in the 1st quarter valued at approximately $25,000. MassMutual Private Wealth & Trust FSB lifted its stake 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 valued at $29,000 after purchasing an additional 633 shares during the last quarter. Spirit of America Management Corp NY bought a new position in shares of American Healthcare REIT during the first quarter valued at $30,000. Avalon Trust Co bought a new position in shares of American Healthcare REIT during the first quarter valued at $36,000. Finally, Continuum Advisory LLC bought a new position in shares of American Healthcare REIT during the first quarter valued at $37,000. Institutional investors own 16.68% of the company's stock.

American Healthcare REIT Trading Down 1.1%

Shares of AHR traded down $0.46 during trading hours on Thursday, hitting $42.70. 1,721,132 shares of the stock were exchanged, compared to its average volume of 1,486,483. American Healthcare REIT, Inc. has a fifty-two week low of $22.64 and a fifty-two week high of $43.52. 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 50-day moving average of $39.86 and a 200-day moving average of $34.91. The firm has a market capitalization of $7.20 billion, a P/E ratio of -194.09, a price-to-earnings-growth ratio of 2.22 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 for the quarter, topping the consensus estimate of $0.40 by $0.02. American Healthcare REIT had a negative net margin of 1.56% and a negative return on equity of 1.43%. The company had revenue of $542.50 million during the quarter, compared to analysts' expectations of $539.49 million. During the same period in the prior year, the company posted $0.33 earnings per share. American Healthcare REIT's revenue for the quarter was up 7.5% compared to the same quarter last year. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. On average, research analysts expect that American Healthcare REIT, Inc. will post 1.41 EPS for the current year.

American Healthcare REIT Dividend Announcement

The company also recently disclosed 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 was Monday, June 30th. This represents a $1.00 annualized dividend and a dividend yield of 2.3%. American Healthcare REIT's dividend payout ratio is -454.55%.

Analyst Ratings Changes

AHR has been the subject of several analyst reports. Morgan Stanley reaffirmed an "overweight" rating on shares of American Healthcare REIT in a research note on Wednesday, September 3rd. Royal Bank Of Canada raised their price target 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. Baird R W raised shares of American Healthcare REIT to a "strong-buy" rating in a research note on Thursday, July 17th. Robert W. Baird initiated 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 for the company. Finally, JMP Securities raised their price target on shares of American Healthcare REIT from $40.00 to $45.00 and gave the company a "market outperform" rating in a research note on Monday, August 11th. One analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Buy" and an average price target of $41.89.

Insider Buying and Selling at American Healthcare REIT

In other American Healthcare REIT news, CIO Stefan K.L. Oh sold 3,860 shares of the firm's stock in a transaction 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 directly owned 95,671 shares in the company, valued at approximately $3,453,723.10. This trade represents a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Mark E. Foster sold 3,850 shares of the firm's stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $41.89, for a total transaction of $161,276.50. Following the completion of the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.92% of the company's stock.

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.