American Healthcare REIT (NYSE:AHR) EVP Sells $78,090.00 in Stock

Key Points

• Executive sale: EVP Mark Foster sold 1,500 American Healthcare REIT shares for $78,090, reducing his direct ownership by 2.91% to 50,117 shares.
• Quarterly results and dividend: The company beat earnings and revenue estimates, reporting $0.16 EPS and $674.25 million in revenue, while declaring a $0.25 quarterly dividend yielding approximately 1.9% annually.
• Analyst sentiment remains positive: AHR has a “Moderate Buy” consensus rating from analysts, with a consensus price target of $62.75 versus its recent trading price near $51.89.

American Healthcare REIT, Inc. (NYSE:AHR - Get Free Report) EVP Mark Foster sold 1,500 shares of the business's stock in a transaction on Friday, September 25th. The shares were sold at an average price of $52.06, for a total transaction of $78,090.00. Following the completion of the sale, the executive vice president directly owned 50,117 shares in the company, valued at $2,609,091.02. This represents a 2.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

American Healthcare REIT Stock Down 0.2%

NYSE AHR traded down $0.13 during trading on Monday, hitting $51.89. The stock had a trading volume of 2,003,961 shares, compared to its average volume of 2,975,598. American Healthcare REIT, Inc. has a 12 month low of $40.00 and a 12 month high of $58.70. 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 company's 50-day moving average price is $54.95 and its two-hundred day moving average price is $51.77. The company has a market capitalization of $11.31 billion, a PE ratio of 76.31, a P/E/G ratio of 1.47 and a beta of 0.74.

American Healthcare REIT (NYSE:AHR - Get Free Report) last released its earnings results 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. The business had revenue of $674.25 million during the quarter, compared to the consensus estimate of $645.30 million. American Healthcare REIT had a net margin of 4.84% and a return on equity of 3.63%. The firm's revenue for the quarter was up 24.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.42 earnings per share. American Healthcare REIT has set its FY 2026 guidance at 2.150-2.190 EPS. As a group, sell-side analysts forecast that American Healthcare REIT, Inc. will post 2.18 EPS for the current year.

American Healthcare REIT Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Wednesday, September 30th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Wednesday, September 30th. American Healthcare REIT's dividend payout ratio (DPR) is presently 147.06%.

Analysts Set New Price Targets

AHR has been the topic of several research analyst reports. Barclays increased their price objective on shares of American Healthcare REIT from $61.00 to $66.00 and gave the company an "overweight" rating in a research report on Monday, August 31st. Compass Point initiated coverage on American Healthcare REIT in a report on Tuesday, July 21st. They issued a "buy" rating and a $70.00 price objective on the stock. Weiss Ratings upgraded shares of American Healthcare REIT from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, September 18th. Truist Financial increased their price target on American Healthcare REIT from $57.00 to $61.00 and gave the stock a "buy" rating in a research report on Friday, August 14th. Finally, KeyCorp increased their target price on American Healthcare REIT from $58.00 to $68.00 and gave the stock an "overweight" rating in a report on Wednesday, August 19th. Thirteen investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $62.75.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of AHR. Wellington Management Group LLP increased its position in shares of American Healthcare REIT by 4.5% during the second quarter. Wellington Management Group LLP now owns 8,658,850 shares of the company's stock worth $451,559,000 after buying an additional 375,063 shares during the period. Principal Financial Group Inc. lifted its position in shares of American Healthcare REIT by 3.2% during the 1st quarter. Principal Financial Group Inc. now owns 7,423,206 shares of the company's stock valued at $350,079,000 after acquiring an additional 228,739 shares during the period. Geode Capital Management LLC grew its holdings in American Healthcare REIT by 10.1% in the fourth quarter. Geode Capital Management LLC now owns 5,364,642 shares of the company's stock worth $262,837,000 after purchasing an additional 492,805 shares during the period. WCM Investment Management LLC raised its holdings in shares of American Healthcare REIT by 0.5% during the first quarter. WCM Investment Management LLC now owns 3,425,295 shares of the company's stock valued at $160,749,000 after purchasing an additional 17,020 shares during the period. Finally, Bank of America Corp DE grew its stake in shares of American Healthcare REIT by 28.1% in the 1st quarter. Bank of America Corp DE now owns 3,236,592 shares of the company's stock valued at $152,638,000 after buying an additional 710,601 shares during the period. 16.68% of the stock is owned by institutional investors and hedge funds.

About American Healthcare REIT

American Healthcare REIT, Inc is a self-managed real estate investment trust focused on owning and operating healthcare-related properties. The company seeks to invest in real estate that supports healthcare delivery and senior living, with an emphasis on properties that may benefit from long-term demand for medical services and aging-related care.

Its portfolio includes outpatient medical facilities, integrated senior health campuses, skilled nursing facilities, hospitals and other healthcare properties.

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.