Public Employees Retirement System of Ohio Invests $14.27 Million in American Healthcare REIT, Inc. $AHR

Public Employees Retirement System of Ohio bought a new position in shares of American Healthcare REIT, Inc. (NYSE:AHRFree Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 273,530 shares of the company’s stock, valued at approximately $14,265,000. Public Employees Retirement System of Ohio owned 0.13% of American Healthcare REIT as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of AHR. Manning & Napier Advisors LLC purchased a new stake in American Healthcare REIT in the 2nd quarter worth approximately $28,000. Bank of New York Mellon Corp purchased a new position in shares of American Healthcare REIT during the 2nd quarter valued at approximately $77,999,000. E. Ohman J or Asset Management AB acquired a new position in shares of American Healthcare REIT in the 2nd quarter valued at $2,906,000. First Heartland Consultants Inc. lifted its stake in shares of American Healthcare REIT by 12.0% in the 2nd quarter. First Heartland Consultants Inc. now owns 5,955 shares of the company’s stock valued at $311,000 after purchasing an additional 638 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in American Healthcare REIT by 7.3% during the second quarter. GAMMA Investing LLC now owns 3,264 shares of the company’s stock worth $170,000 after buying an additional 222 shares in the last quarter. 16.68% of the stock is currently owned by hedge funds and other institutional investors.

American Healthcare REIT Trading Up 0.2%

AHR stock opened at $55.65 on Monday. American Healthcare REIT, Inc. has a 12-month low of $40.00 and a 12-month high of $58.70. The business’s 50-day moving average is $54.73 and its 200 day moving average is $51.55. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.24. The stock has a market cap of $12.13 billion, a price-to-earnings ratio of 81.84, a PEG ratio of 1.57 and a beta of 0.76.

American Healthcare REIT (NYSE:AHRGet Free Report) last announced its earnings results on Thursday, August 6th. The company reported $0.16 EPS 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 analysts’ expectations of $645.30 million. American Healthcare REIT had a return on equity of 3.63% and a net margin of 4.84%.The business’s revenue was up 24.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.42 earnings per share. American Healthcare REIT has set its FY 2026 guidance at 2.150-2.190 EPS. On average, sell-side analysts anticipate that American Healthcare REIT, Inc. will post 2.18 EPS for the current fiscal year.

American Healthcare REIT Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th were issued a $0.25 dividend. The ex-dividend date was 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 (DPR) is presently 147.06%.

Insider Buying and Selling at American Healthcare REIT

In other news, EVP Mark E. Foster sold 2,500 shares of the stock in a transaction dated Wednesday, June 24th. The shares were sold at an average price of $48.58, for a total value of $121,450.00. Following the completion of the sale, the executive vice president directly owned 52,995 shares in the company, valued at $2,574,497.10. This represents a 4.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Brian Peay sold 25,000 shares of the firm’s stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $50.70, for a total transaction of $1,267,500.00. Following the completion of the transaction, the chief financial officer directly owned 152,700 shares in the company, valued at approximately $7,741,890. This represents a 14.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.75% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. Truist Financial upped their price target on American Healthcare REIT from $57.00 to $61.00 and gave the stock a “buy” rating in a report on Friday, August 14th. Royal Bank Of Canada raised their price objective on American Healthcare REIT from $56.00 to $61.00 and gave the company an “outperform” rating in a report on Friday, August 14th. Citigroup restated a “buy” rating and issued a $65.00 price objective (up from $55.00) on shares of American Healthcare REIT in a research report on Monday, August 10th. UBS Group upped their target price on American Healthcare REIT from $60.00 to $63.00 and gave the stock a “buy” rating in a research note on Wednesday, July 8th. Finally, Barclays started coverage on shares of American Healthcare REIT in a research note on Tuesday, July 7th. They issued an “overweight” rating and a $61.00 price target on the stock. Twelve equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $61.25.

View Our Latest Stock Report on American Healthcare REIT

About American Healthcare REIT

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for American Healthcare REIT (NYSE:AHR)

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