VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in shares of American Healthcare REIT, Inc. (NYSE:AHR – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 255,950 shares of the company’s stock, valued at approximately $13,348,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned about 0.12% of American Healthcare REIT at the end of the most recent reporting period.
Other institutional investors have also recently made changes to their positions in the company. Outlook Capital Management LLC purchased a new position in American Healthcare REIT in the second quarter worth approximately $25,000. Manning & Napier Advisors LLC purchased a new stake in American Healthcare REIT in the first quarter valued at $26,000. Garton & Associates Financial Advisors LLC purchased a new stake in American Healthcare REIT in the fourth quarter valued at $26,000. Kemnay Advisory Services Inc. purchased a new stake in American Healthcare REIT in the fourth quarter valued at $29,000. Finally, Darwin Wealth Management LLC acquired a new position in shares of American Healthcare REIT in the 2nd quarter valued at $31,000. Hedge funds and other institutional investors own 16.68% of the company’s stock.
Insider Activity
In related news, CFO Brian Peay sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $50.70, for a total transaction of $1,267,500.00. Following the sale, the chief financial officer directly owned 152,700 shares of the company’s stock, valued at $7,741,890. This represents a 14.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Mark E. Foster sold 2,000 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $55.39, for a total transaction of $110,780.00. Following the sale, the executive vice president owned 51,617 shares in the company, valued at approximately $2,859,065.63. This trade represents a 3.73% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 29,500 shares of company stock worth $1,499,730 in the last three months. Corporate insiders own 0.75% of the company’s stock.
American Healthcare REIT Trading Up 0.1%
American Healthcare REIT (NYSE:AHR – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.02. American Healthcare REIT had a return on equity of 3.63% and a net margin of 4.84%.The firm had revenue of $674.25 million for the quarter, compared to the consensus estimate of $645.30 million. During the same quarter in the previous year, the business earned $0.42 EPS. The company’s quarterly revenue was up 24.3% compared to the same quarter last year. American Healthcare REIT has set its FY 2026 guidance at 2.150-2.190 EPS. On average, equities analysts expect that American Healthcare REIT, Inc. will post 2.18 earnings per share for the current year.
American Healthcare REIT Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Tuesday, June 30th. American Healthcare REIT’s dividend payout ratio is currently 147.06%.
Wall Street Analysts Forecast Growth
A number of equities analysts have recently weighed in on the company. Barclays increased their price target on American Healthcare REIT from $61.00 to $66.00 and gave the stock an “overweight” rating in a report on Monday, August 31st. Scotiabank upped their target price on shares of American Healthcare REIT from $56.00 to $62.00 and gave the company an “outperform” rating in a research report on Wednesday, September 2nd. Royal Bank Of Canada upped their target price on shares of American Healthcare REIT from $56.00 to $61.00 and gave the company an “outperform” rating in a research report on Friday, August 14th. Truist Financial increased their target price on shares of American Healthcare REIT from $57.00 to $61.00 and gave the stock a “buy” rating in a research note on Friday, August 14th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of American Healthcare REIT in a research report on Friday, August 28th. Twelve equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $62.58.
Get Our Latest Research Report on AHR
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.
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