TD Waterhouse Canada Inc. Acquires 59,425 Shares of American Healthcare REIT, Inc. $AHR

Key Points

• TD Waterhouse Canada increased its American Healthcare REIT stake by 25.6%, purchasing 59,425 shares to bring its holdings to 291,978 shares worth approximately $14.8 million. Institutional investors collectively own 16.68% of AHR.
• Analysts remain broadly bullish, with a consensus “Buy” rating and a $62.00 average price target. Recent firms raised targets to $61–$68, above the stock’s reported $53.14 price.
• American Healthcare REIT reported quarterly EPS of $0.16, beating estimates, while revenue rose 24.3% year over year to $674.25 million. The company also paid a quarterly dividend of $0.25, equivalent to a 1.9% annualized yield.

TD Waterhouse Canada Inc. increased its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 25.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 291,978 shares of the company's stock after purchasing an additional 59,425 shares during the quarter. TD Waterhouse Canada Inc. owned approximately 0.13% of American Healthcare REIT worth $14,807,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Sigma Planning Corp lifted its holdings in American Healthcare REIT by 1.5% during the first quarter. Sigma Planning Corp now owns 15,191 shares of the company's stock worth $716,000 after buying an additional 222 shares during the period. GAMMA Investing LLC boosted its holdings in American Healthcare REIT by 7.3% in the second quarter. GAMMA Investing LLC now owns 3,264 shares of the company's stock worth $170,000 after acquiring an additional 222 shares in the last quarter. First Heartland Consultants Inc. boosted its holdings in American Healthcare REIT by 4.0% in the third quarter. First Heartland Consultants Inc. now owns 6,196 shares of the company's stock worth $318,000 after acquiring an additional 241 shares in the last quarter. NFSG Corp grew its stake in shares of American Healthcare REIT by 8.8% during the first quarter. NFSG Corp now owns 2,993 shares of the company's stock worth $141,000 after acquiring an additional 242 shares during the last quarter. Finally, Centaurus Financial Inc. grew its stake in shares of American Healthcare REIT by 4.7% during the first quarter. Centaurus Financial Inc. now owns 5,913 shares of the company's stock worth $279,000 after acquiring an additional 266 shares during the last quarter. 16.68% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on AHR. KeyCorp upped their price objective on shares of American Healthcare REIT from $58.00 to $68.00 and gave the company an "overweight" rating in a report on Wednesday, August 19th. Citigroup restated a "market outperform" rating on shares of American Healthcare REIT in a research note on Monday, September 14th. Raymond James Financial initiated coverage on shares of American Healthcare REIT in a research note on Tuesday, October 13th. They set a "strong-buy" rating and a $62.00 price target on the stock. Truist Financial raised their price target on shares of American Healthcare REIT from $57.00 to $61.00 and gave the stock a "buy" rating in a report on Friday, August 14th. Finally, Scotiabank lifted their price objective on shares of American Healthcare REIT from $56.00 to $62.00 and gave the stock an "outperform" rating in a research note on Wednesday, September 2nd. Two investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $62.00.

American Healthcare REIT Stock Down 0.2%

American Healthcare REIT stock opened at $53.14 on Monday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.48 and a current ratio of 0.48. The business's 50-day simple moving average is $53.46 and its two-hundred day simple moving average is $51.90. The company has a market cap of $11.58 billion, a PE ratio of 78.15, a PEG ratio of 1.30 and a beta of 0.79. American Healthcare REIT, Inc. has a fifty-two week low of $41.67 and a fifty-two week high of $58.70.

American Healthcare REIT (NYSE:AHR - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.14 by $0.02. American Healthcare REIT had a return on equity of 3.63% and a net margin of 4.84%. The business had revenue of $674.25 million for the quarter, compared to analyst estimates of $645.30 million. During the same period in the prior year, the company earned $0.42 earnings per share. The company's revenue was up 24.3% on a year-over-year basis. American Healthcare REIT has set its FY 2026 guidance at 2.150-2.190 EPS. Equities analysts anticipate that American Healthcare REIT, Inc. will post 2.19 EPS for the current year.

American Healthcare REIT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Wednesday, September 30th were given a $0.25 dividend. The ex-dividend date was Wednesday, September 30th. This represents a $1.00 dividend on an annualized basis and a yield of 1.9%. American Healthcare REIT's dividend payout ratio is currently 147.06%.

Insiders Place Their Bets

In related news, EVP Mark Foster sold 2,000 shares of the stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $55.39, for a total value of $110,780.00. Following the transaction, the executive vice president owned 51,617 shares in the company, valued at approximately $2,859,065.63. This represents a 3.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.75% of the company's stock.

About American Healthcare REIT

American Healthcare REIT, Inc NYSE: AHR is a real estate investment trust focused on owning and operating healthcare-related properties. The company seeks to provide real estate solutions for healthcare providers and operators while generating rental and operating income from a diversified portfolio.

Its portfolio includes outpatient medical properties, senior housing communities, skilled nursing facilities, hospitals and other healthcare assets. American Healthcare REIT also has exposure to healthcare operating businesses, including senior living and care services, through its relationship with Trilogy Health Services.

Want to see what other hedge funds are holding AHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Healthcare REIT, Inc. (NYSE:AHR - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.