American Healthcare REIT, Inc. $AHR Shares Purchased by Intech Investment Management LLC

Intech Investment Management LLC grew its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 110.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 90,725 shares of the company’s stock after buying an additional 47,570 shares during the quarter. Intech Investment Management LLC owned 0.06% of American Healthcare REIT worth $2,749,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Invesco Ltd. raised its holdings in American Healthcare REIT by 1,543.1% in the first quarter. Invesco Ltd. now owns 5,022,455 shares of the company’s stock valued at $152,180,000 after acquiring an additional 4,716,792 shares in the last quarter. Alliancebernstein L.P. grew its position in American Healthcare REIT by 350.7% in the 1st quarter. Alliancebernstein L.P. now owns 4,559,365 shares of the company’s stock valued at $138,149,000 after buying an additional 3,547,635 shares in the last quarter. Vanguard Group Inc. grew its position in American Healthcare REIT by 22.4% in the 1st quarter. Vanguard Group Inc. now owns 18,795,192 shares of the company’s stock valued at $569,494,000 after buying an additional 3,437,861 shares in the last quarter. Nuveen LLC bought a new position in shares of American Healthcare REIT during the 1st quarter valued at about $68,097,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of American Healthcare REIT during the 1st quarter valued at about $13,384,000. 16.68% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Mark E. Foster sold 3,850 shares of the firm’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $41.89, for a total transaction of $161,276.50. Following the completion of the transaction, the executive vice president directly owned 59,100 shares in the company, valued at $2,475,699. This trade represents a 6.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CIO Stefan K.L. Oh sold 3,860 shares of American Healthcare REIT stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $36.10, for a total value of $139,346.00. Following the completion of the sale, the executive owned 95,671 shares of the company’s stock, valued at approximately $3,453,723.10. The trade was a 3.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.00% of the company’s stock.

Analyst Ratings Changes

AHR has been the subject of several recent analyst reports. Morgan Stanley reiterated an “overweight” rating on shares of American Healthcare REIT in a report on Wednesday, September 3rd. Baird R W raised shares of American Healthcare REIT to a “strong-buy” rating in a research report on Thursday, July 17th. Robert W. Baird began coverage on American Healthcare REIT in a report on Friday, July 18th. They set an “outperform” rating and a $41.00 price target on the stock. Scotiabank reiterated an “outperform” rating on shares of American Healthcare REIT in a report on Thursday, August 28th. Finally, JMP Securities raised their price objective on shares of American Healthcare REIT from $40.00 to $45.00 and gave the stock a “market outperform” rating in a research note on Monday, August 11th. One investment analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $41.89.

American Healthcare REIT Price Performance

Shares of AHR opened at $42.66 on Monday. The firm has a market capitalization of $7.19 billion, a PE ratio of -193.89, a P/E/G ratio of 2.19 and a beta of 1.09. The stock has a 50 day simple moving average of $39.97 and a 200 day simple moving average of $35.08. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.48 and a current ratio of 0.48. American Healthcare REIT, Inc. has a 52-week low of $23.66 and a 52-week high of $43.52.

American Healthcare REIT (NYSE:AHR) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. American Healthcare REIT had a negative return on equity of 1.43% and a negative net margin of 1.56%.The company had revenue of $542.50 million for the quarter, compared to analysts’ expectations of $539.49 million. During the same quarter in the prior year, the business posted $0.33 EPS. The business’s revenue was up 7.5% compared to the same quarter last year. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. Sell-side analysts predict that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Announces Dividend

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

About American Healthcare REIT

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.