Strs Ohio Takes $12.24 Million Position in American Healthcare REIT, Inc. $AHR

Key Points

• Strs Ohio acquired 404,000 shares of American Healthcare REIT, valued at approximately $12.24 million, representing about 0.25% ownership as of its latest SEC filing.
• AHR reported $0.42 earnings per share for the last quarter, surpassing analysts' expectations of $0.40, with a 7.5% increase in revenue compared to the previous year.
• The company declared a quarterly dividend of $0.25 per share, with an annualized yield of 2.3%, although its payout ratio stands at -454.55%.

Strs Ohio bought a new position in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 404,000 shares of the company's stock, valued at approximately $12,241,000. Strs Ohio owned about 0.25% of American Healthcare REIT at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Stratos Wealth Partners LTD. increased its holdings in American Healthcare REIT by 57.9% during the first quarter. Stratos Wealth Partners LTD. now owns 16,070 shares of the company's stock worth $487,000 after buying an additional 5,891 shares during the last quarter. GAMMA Investing LLC increased its holdings in shares of American Healthcare REIT by 42.2% in the first quarter. GAMMA Investing LLC now owns 1,405 shares of the company's stock valued at $43,000 after purchasing an additional 417 shares during the last quarter. Kingswood Wealth Advisors LLC acquired a new position in shares of American Healthcare REIT in the first quarter valued at $332,000. Sequoia Financial Advisors LLC acquired a new position in shares of American Healthcare REIT in the first quarter valued at $476,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of American Healthcare REIT by 4.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 2,235,051 shares of the company's stock valued at $67,722,000 after purchasing an additional 89,926 shares during the last quarter. 16.68% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at American Healthcare REIT

In other news, EVP Mark E. Foster sold 3,850 shares of the 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 approximately $2,475,699. This represents a 6.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CIO Stefan K.L. Oh sold 3,860 shares of the stock in a transaction dated 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 directly owned 95,671 shares of the company's stock, valued at $3,453,723.10. This trade represents a 3.88% decrease in their position. The disclosure for this sale can be found here. 0.92% of the stock is currently owned by corporate insiders.

American Healthcare REIT Price Performance

AHR traded up $0.59 on Thursday, hitting $42.63. 1,360,863 shares of the stock were exchanged, compared to its average volume of 1,392,052. American Healthcare REIT, Inc. has a 12 month low of $23.66 and a 12 month high of $43.52. The business has a 50-day moving average of $40.47 and a two-hundred day moving average of $35.35. 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 firm has a market capitalization of $7.19 billion, a price-to-earnings ratio of -193.77, a PEG ratio of 2.16 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 business had revenue of $542.50 million during the quarter, compared to analysts' expectations of $539.49 million. During the same quarter in the prior year, the business posted $0.33 earnings per share. American Healthcare REIT's revenue 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. Sell-side analysts forecast that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Tuesday, September 30th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.3%. American Healthcare REIT's dividend payout ratio (DPR) is currently -454.55%.

Analyst Ratings Changes

Several equities analysts have commented on the stock. JMP Securities upped their price objective on shares of American Healthcare REIT from $40.00 to $45.00 and gave the company a "market outperform" rating in a report on Monday, August 11th. Robert W. Baird assumed coverage on shares of American Healthcare REIT in a report on Friday, July 18th. They issued an "outperform" rating and a $41.00 price objective on the stock. KeyCorp upped their price objective on shares of American Healthcare REIT from $34.00 to $40.00 and gave the company an "overweight" rating in a report on Wednesday, June 11th. Scotiabank reiterated an "outperform" rating on shares of American Healthcare REIT in a report on Thursday, August 28th. Finally, Morgan Stanley reiterated an "overweight" rating on shares of American Healthcare REIT in a report on Wednesday, September 3rd. 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.com, the company presently has an average rating of "Buy" and a consensus target price of $41.89.

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.