UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $28.15 Million Stock Position in American Healthcare REIT, Inc. $AHR

Key Points

• UBS AM increased its stake in American Healthcare REIT by 21.0%, acquiring a total of 928,875 shares worth approximately $28.1 million.
• American Healthcare REIT reported quarterly earnings of $0.42 per share, exceeding estimates and indicating a 7.5% revenue increase compared to the previous year.
• Analysts have a consensus "Buy" rating on American Healthcare REIT, with target prices ranging from $40.00 to $46.00, reflecting confidence in the company's performance.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 21.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 928,875 shares of the company's stock after acquiring an additional 161,510 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.58% of American Healthcare REIT worth $28,145,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Vanguard Group Inc. lifted its position in shares of American Healthcare REIT by 22.4% in the 1st quarter. Vanguard Group Inc. now owns 18,795,192 shares of the company's stock worth $569,494,000 after buying an additional 3,437,861 shares during the last quarter. Principal Financial Group Inc. lifted its position in shares of American Healthcare REIT by 1.1% in the 1st quarter. Principal Financial Group Inc. now owns 12,373,709 shares of the company's stock worth $374,923,000 after buying an additional 134,822 shares during the last quarter. Invesco Ltd. lifted its position in shares of American Healthcare REIT by 1,543.1% in the 1st quarter. Invesco Ltd. now owns 5,022,455 shares of the company's stock worth $152,180,000 after buying an additional 4,716,792 shares during the last quarter. Alliancebernstein L.P. lifted its position in American Healthcare REIT by 350.7% in the 1st quarter. Alliancebernstein L.P. now owns 4,559,365 shares of the company's stock valued at $138,149,000 after purchasing an additional 3,547,635 shares during the last quarter. Finally, Nuveen LLC bought a new stake in American Healthcare REIT in the 1st quarter valued at about $68,097,000. 16.68% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CIO Stefan K.L. Oh sold 3,860 shares of the 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 transaction, the executive owned 95,671 shares in the company, valued at approximately $3,453,723.10. This represents a 3.88% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Mark E. Foster sold 3,850 shares of the stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $41.89, for a total transaction 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 position. The disclosure for this sale can be found here. Corporate insiders own 0.92% of the company's stock.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. KeyCorp lifted their price objective on shares of American Healthcare REIT from $34.00 to $40.00 and gave the company an "overweight" rating in a research report on Wednesday, June 11th. JMP Securities raised their target price 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. Scotiabank reissued an "outperform" rating on shares of American Healthcare REIT in a research note on Thursday, August 28th. 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 target price on the stock. Finally, Morgan Stanley reiterated an "overweight" rating on shares of American Healthcare REIT in a report on Wednesday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating and eleven have issued a Buy rating to the stock. According to data from MarketBeat.com, American Healthcare REIT has an average rating of "Buy" and a consensus price target of $42.80.

American Healthcare REIT Stock Performance

NYSE:AHR traded down $0.42 during trading hours on Friday, hitting $42.22. 4,056,652 shares of the company traded hands, compared to its average volume of 1,366,645. The stock has a market capitalization of $7.12 billion, a price-to-earnings ratio of -191.91, a P/E/G ratio of 2.19 and a beta of 1.09. American Healthcare REIT, Inc. has a twelve month low of $23.66 and a twelve month high of $43.52. The firm has a 50-day moving average of $40.58 and a 200 day moving average of $35.43. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.41.

American Healthcare REIT (NYSE:AHR - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.40 by $0.02. The firm had revenue of $542.50 million during the quarter, compared to analysts' expectations of $539.49 million. American Healthcare REIT had a negative net margin of 1.56% and a negative return on equity of 1.43%. The business's quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the company earned $0.33 EPS. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. On average, analysts forecast that American Healthcare REIT, Inc. will post 1.41 EPS for the current year.

American Healthcare REIT Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Tuesday, September 30th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.4%. The ex-dividend date is Tuesday, September 30th. American Healthcare REIT's dividend payout ratio is presently -454.55%.

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.