Vident Advisory LLC Purchases Shares of 7,497 American Healthcare REIT, Inc. $AHR

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 position in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) in the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 7,497 shares of the company's stock, valued at approximately $227,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Stratos Wealth Partners LTD. raised its stake in American Healthcare REIT by 57.9% during the 1st quarter. Stratos Wealth Partners LTD. now owns 16,070 shares of the company's stock worth $487,000 after acquiring an additional 5,891 shares in the last quarter. GAMMA Investing LLC raised its stake in American Healthcare REIT by 42.2% during the 1st quarter. GAMMA Investing LLC now owns 1,405 shares of the company's stock worth $43,000 after acquiring an additional 417 shares in the last quarter. Kingswood Wealth Advisors LLC acquired a new stake in American Healthcare REIT during the 1st quarter worth $332,000. Sequoia Financial Advisors LLC acquired a new stake in American Healthcare REIT during the 1st quarter worth $476,000. Finally, Charles Schwab Investment Management Inc. raised its stake in American Healthcare REIT by 4.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,235,051 shares of the company's stock worth $67,722,000 after acquiring an additional 89,926 shares in the last quarter. 16.68% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, EVP Mark E. Foster sold 3,850 shares of the business's stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $41.89, for a total transaction of $161,276.50. Following the sale, the executive vice president owned 59,100 shares of the company's stock, valued at approximately $2,475,699. The trade was a 6.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CIO Stefan K.L. Oh sold 3,860 shares of the business'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 sale, the executive directly owned 95,671 shares in the company, valued at approximately $3,453,723.10. This represents a 3.88% decrease in their position. The disclosure for this sale can be found here. 0.92% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on AHR shares. Royal Bank Of Canada lifted their price target on shares of American Healthcare REIT from $39.00 to $45.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 13th. Truist Financial lifted their price target on shares of American Healthcare REIT from $44.00 to $46.00 and gave the stock a "buy" rating in a research note on Tuesday, August 26th. JMP Securities lifted 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 research note on Monday, August 11th. Robert W. Baird began coverage on shares of American Healthcare REIT in a research note on Friday, July 18th. They issued an "outperform" rating and a $41.00 price objective on the stock. Finally, 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 note on Wednesday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the stock. Based on data from MarketBeat, American Healthcare REIT has a consensus rating of "Buy" and a consensus target price of $41.89.

American Healthcare REIT Stock Performance

Shares of NYSE:AHR traded up $0.06 during midday trading on Monday, hitting $42.73. The stock had a trading volume of 798,485 shares, compared to its average volume of 1,464,733. The company has a market capitalization of $7.20 billion, a PE ratio of -194.23, a P/E/G ratio of 2.19 and a beta of 1.09. The stock has a 50 day moving average price of $40.09 and a two-hundred day moving average price of $35.17. 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, Inc. has a 1 year low of $23.66 and a 1 year high of $43.52.

American Healthcare REIT (NYSE:AHR - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.02. The business had revenue of $542.50 million for the quarter, compared to the consensus estimate 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 quarter in the previous year, the firm earned $0.33 earnings per share. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. As a group, equities analysts predict that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current fiscal year.

American Healthcare REIT Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 18th. Stockholders of record on Monday, June 30th were issued a $0.25 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $1.00 annualized dividend and a dividend yield of 2.3%. American Healthcare REIT's payout ratio is presently -454.55%.

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.