Louisiana State Employees Retirement System Invests $2.42 Million in American Healthcare REIT, Inc. $AHR

Louisiana State Employees Retirement System purchased a new position in shares of American Healthcare REIT, Inc. (NYSE:AHR) during the first quarter, HoldingsChannel.com reports. The institutional investor purchased 51,400 shares of the company’s stock, valued at approximately $2,424,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Garton & Associates Financial Advisors LLC bought a new position in American Healthcare REIT in the 4th quarter valued at $26,000. Kemnay Advisory Services Inc. bought a new stake in shares of American Healthcare REIT during the fourth quarter worth $29,000. Los Angeles Capital Management LLC bought a new stake in shares of American Healthcare REIT during the fourth quarter worth $34,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of American Healthcare REIT in the fourth quarter valued at $35,000. Finally, IFC & Insurance Marketing Inc. acquired a new stake in shares of American Healthcare REIT in the fourth quarter valued at $38,000. 16.68% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently issued reports on AHR shares. Royal Bank Of Canada upped their price target on shares of American Healthcare REIT from $54.00 to $56.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 26th. KeyCorp raised their price objective on shares of American Healthcare REIT from $55.00 to $58.00 and gave the company an “overweight” rating in a research report on Thursday, May 28th. Weiss Ratings downgraded shares of American Healthcare REIT from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 2nd. Truist Financial increased their price target on shares of American Healthcare REIT from $52.00 to $57.00 and gave the company a “buy” rating in a research note on Thursday, March 12th. Finally, Scotiabank lowered their price target on shares of American Healthcare REIT from $59.00 to $51.00 and set a “sector outperform” rating for the company in a report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $54.91.

American Healthcare REIT Price Performance

American Healthcare REIT stock opened at $51.83 on Tuesday. The business’s 50-day simple moving average is $49.13 and its 200 day simple moving average is $49.11. The company has a quick ratio of 0.45, a current ratio of 0.45 and a debt-to-equity ratio of 0.28. The stock has a market cap of $9.99 billion, a price-to-earnings ratio of 89.37, a P/E/G ratio of 1.71 and a beta of 0.80. American Healthcare REIT, Inc. has a 12-month low of $35.52 and a 12-month high of $54.67.

American Healthcare REIT (NYSE:AHR) last released its earnings results on Thursday, May 7th. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.34). The business had revenue of $650.77 million for the quarter, compared to analyst estimates of $667.57 million. American Healthcare REIT had a net margin of 4.23% and a return on equity of 3.33%. The business’s revenue for the quarter was up 20.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.38 earnings per share. American Healthcare REIT has set its FY 2026 guidance at 2.030-2.090 EPS. As a group, research analysts anticipate that American Healthcare REIT, Inc. will post 2.07 earnings per share for the current year.

American Healthcare REIT Dividend Announcement

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 paid a dividend of $0.25 per share. 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 Tuesday, June 30th. American Healthcare REIT’s payout ratio is 172.41%.

Insider Activity at American Healthcare REIT

In related news, CFO Brian Peay sold 25,000 shares of the stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $50.70, for a total value of $1,267,500.00. Following the transaction, the chief financial officer directly owned 152,700 shares in the company, valued at $7,741,890. This represents a 14.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Mark E. Foster sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $48.58, for a total transaction of $121,450.00. Following the completion of the transaction, the executive vice president directly owned 52,995 shares in the company, valued at approximately $2,574,497.10. The trade was a 4.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 29,500 shares of company stock worth $1,485,590 over the last 90 days. 0.75% of the stock is currently owned by company insiders.

About American Healthcare REIT

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.