7,497 Shares in American Healthcare REIT, Inc. $AHR Acquired by Vident Advisory LLC

Key Points

• Vident Advisory LLC has acquired a new stake in American Healthcare REIT, purchasing 7,497 shares valued at approximately $227,000 during the first quarter.
• Wall Street analysts are optimistic about American Healthcare REIT, with multiple firms raising their price targets, including RBC and Truist Financial, which set targets of $45.00 and $46.00 respectively.
• The company recently reported an earnings per share (EPS) of $0.42 for the quarter, exceeding analysts' expectations and showing a year-over-year revenue growth of 7.5%.

Vident Advisory LLC acquired a new stake in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 7,497 shares of the company's stock, valued at approximately $227,000.

Several other large investors have also bought and sold shares of the business. WPG Advisers LLC acquired a new stake in American Healthcare REIT in the first quarter valued at about $2,482,000. Eisler Capital Management Ltd. acquired a new stake in American Healthcare REIT in the first quarter valued at about $9,376,000. FORA Capital LLC acquired a new stake in American Healthcare REIT in the first quarter valued at about $608,000. WCG Wealth Advisors LLC boosted its stake in American Healthcare REIT by 14.7% in the first quarter. WCG Wealth Advisors LLC now owns 18,547 shares of the company's stock valued at $562,000 after buying an additional 2,376 shares in the last quarter. Finally, Jump Financial LLC boosted its stake in American Healthcare REIT by 179.4% in the first quarter. Jump Financial LLC now owns 42,135 shares of the company's stock valued at $1,277,000 after buying an additional 27,053 shares in the last quarter. 16.68% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at American Healthcare REIT

In other news, CIO Stefan K.L. Oh sold 3,860 shares of the firm's 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 in the company, valued at $3,453,723.10. This trade represents a 3.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Mark E. Foster sold 3,850 shares of the firm'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 sale, the executive vice president directly owned 59,100 shares of the company's stock, valued at $2,475,699. This represents a 6.12% decrease in their position. The disclosure for this sale can be found here. 0.92% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Morgan Stanley reiterated an "overweight" rating on shares of American Healthcare REIT in a research report on Wednesday, September 3rd. Robert W. Baird assumed coverage on American Healthcare REIT in a research report on Friday, July 18th. They issued an "outperform" rating and a $41.00 target price for the company. Baird R W upgraded American Healthcare REIT to a "strong-buy" rating in a research report on Thursday, July 17th. Royal Bank Of Canada increased their target price on American Healthcare REIT from $39.00 to $45.00 and gave the company an "outperform" rating in a research report on Wednesday, August 13th. Finally, Scotiabank reiterated an "outperform" rating on shares of American Healthcare REIT in a research report on Thursday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $41.89.

American Healthcare REIT Trading Down 0.2%

Shares of AHR traded down $0.08 during mid-day trading on Friday, reaching $42.66. 1,169,195 shares of the company were exchanged, compared to its average volume of 1,485,923. American Healthcare REIT, Inc. has a 52 week low of $23.66 and a 52 week high of $43.52. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.48 and a current ratio of 0.48. The stock has a market capitalization of $7.19 billion, a PE ratio of -193.89, a PEG ratio of 2.19 and a beta of 1.09. The business has a 50 day simple moving average of $39.97 and a two-hundred day simple moving average of $35.00.

American Healthcare REIT (NYSE:AHR - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 company had revenue of $542.50 million during the quarter, compared to the consensus estimate of $539.49 million. During the same period last year, the company earned $0.33 earnings per share. The firm'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. On average, analysts predict that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current fiscal year.

American Healthcare REIT Announces Dividend

The business 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. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Monday, June 30th. American Healthcare REIT's dividend payout ratio (DPR) is -454.55%.

About American Healthcare REIT

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.