Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in American Healthcare REIT, Inc. (NYSE:AHR – Free Report) by 128.1% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 124,893 shares of the company’s stock after purchasing an additional 70,146 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in American Healthcare REIT were worth $5,890,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently modified their holdings of the company. Fifth Third Bancorp grew its stake in shares of American Healthcare REIT by 37.5% in the first quarter. Fifth Third Bancorp now owns 2,526 shares of the company’s stock worth $119,000 after acquiring an additional 689 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in American Healthcare REIT by 2.6% during the 1st quarter. Sequoia Financial Advisors LLC now owns 17,803 shares of the company’s stock valued at $840,000 after purchasing an additional 452 shares during the last quarter. Manning & Napier Advisors LLC acquired a new position in American Healthcare REIT during the 1st quarter valued at $26,000. Hsbc Holdings PLC boosted its holdings in American Healthcare REIT by 45.0% in the 1st quarter. Hsbc Holdings PLC now owns 501,275 shares of the company’s stock valued at $23,640,000 after purchasing an additional 155,685 shares during the period. Finally, Kestra Advisory Services LLC lifted its stake in shares of American Healthcare REIT by 36.1% in the first quarter. Kestra Advisory Services LLC now owns 348,782 shares of the company’s stock valued at $16,449,000 after buying an additional 92,603 shares during the period. 16.68% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other American Healthcare REIT news, EVP Mark E. Foster sold 2,500 shares of the business’s stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $48.58, for a total value of $121,450.00. Following the transaction, the executive vice president owned 52,995 shares of the company’s stock, valued at approximately $2,574,497.10. The trade was a 4.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Brian Peay sold 25,000 shares of the stock in a transaction on Friday, June 26th. The stock was sold at an average price of $50.70, for a total value of $1,267,500.00. Following the sale, the chief financial officer owned 152,700 shares in the company, valued at $7,741,890. The trade was a 14.07% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 29,500 shares of company stock worth $1,485,590. 0.75% of the stock is owned by corporate insiders.
American Healthcare REIT Trading Up 0.7%
American Healthcare REIT (NYSE:AHR – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.34). The firm had revenue of $650.77 million for the quarter, compared to the consensus estimate of $667.57 million. American Healthcare REIT had a return on equity of 3.33% and a net margin of 4.23%.American Healthcare REIT’s quarterly revenue was up 20.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.38 earnings per share. American Healthcare REIT has set its FY 2026 guidance at 2.030-2.090 EPS. Research analysts forecast that American Healthcare REIT, Inc. will post 2.07 earnings per share for the current fiscal year.
American Healthcare REIT Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Investors of record on Tuesday, June 30th will be given a dividend of $0.25 per share. The ex-dividend date is Tuesday, June 30th. This represents a $1.00 dividend on an annualized basis and a yield of 1.8%. American Healthcare REIT’s dividend payout ratio is 172.41%.
Analysts Set New Price Targets
AHR has been the subject of a number of analyst reports. UBS Group raised their price objective on shares of American Healthcare REIT from $60.00 to $63.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Barclays initiated coverage on American Healthcare REIT in a research note on Tuesday, July 7th. They issued an “overweight” rating and a $61.00 price objective on the stock. Weiss Ratings cut American Healthcare REIT from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 2nd. Scotiabank cut their target price on American Healthcare REIT from $59.00 to $51.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. Finally, KeyCorp boosted their price target on American Healthcare REIT from $55.00 to $58.00 and gave the company an “overweight” rating in a research note on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, American Healthcare REIT currently has a consensus rating of “Moderate Buy” and an average price target of $56.00.
Check Out Our Latest Stock Report on American Healthcare REIT
American Healthcare REIT Profile
American Healthcare REIT, Inc (NYSE: AHR) was a publicly traded real estate investment trust focused on acquiring, owning and managing healthcare?related properties across the United States. The company’s portfolio spanned senior housing communities, skilled nursing facilities, medical office buildings and outpatient care centers, all operated under long?term net lease or triple?net lease structures designed to provide stable, predictable rental income.
Employing a strategy of partnering with established healthcare operators, American Healthcare REIT targeted properties in both major metropolitan areas and high?growth secondary markets to capitalize on demographic trends such as an aging population and increased demand for outpatient services.
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