Addison Capital Co Buys New Position in American Healthcare REIT, Inc. $AHR

Addison Capital Co purchased a new stake in American Healthcare REIT, Inc. (NYSE:AHR) in the first quarter, HoldingsChannel.com reports. The firm purchased 10,184 shares of the company’s stock, valued at approximately $480,000.

Several other institutional investors have also added to or reduced their stakes in AHR. Vanguard Group Inc. grew its stake in shares of American Healthcare REIT by 6.1% during the fourth quarter. Vanguard Group Inc. now owns 24,974,195 shares of the company’s stock worth $1,175,286,000 after acquiring an additional 1,444,456 shares during the last quarter. State Street Corp raised its position in shares of American Healthcare REIT by 3.0% in the 4th quarter. State Street Corp now owns 7,085,670 shares of the company’s stock valued at $335,174,000 after purchasing an additional 208,623 shares during the last quarter. Royal Bank of Canada boosted its stake in American Healthcare REIT by 2,984.1% in the 4th quarter. Royal Bank of Canada now owns 6,161,549 shares of the company’s stock worth $289,962,000 after purchasing an additional 5,961,767 shares in the last quarter. Invesco Ltd. boosted its stake in American Healthcare REIT by 3.3% in the 4th quarter. Invesco Ltd. now owns 5,531,582 shares of the company’s stock worth $260,316,000 after purchasing an additional 177,033 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in American Healthcare REIT by 10.1% during the 4th quarter. Geode Capital Management LLC now owns 5,364,642 shares of the company’s stock worth $262,837,000 after purchasing an additional 492,805 shares during the last quarter. Institutional investors and hedge funds own 16.68% of the company’s stock.

American Healthcare REIT Stock Down 0.5%

NYSE:AHR opened at $54.63 on Thursday. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.45 and a quick ratio of 0.45. The company’s fifty day moving average price is $49.76 and its 200-day moving average price is $49.44. American Healthcare REIT, Inc. has a 1-year low of $35.54 and a 1-year high of $55.75. The firm has a market capitalization of $10.53 billion, a P/E ratio of 94.19, a PEG ratio of 1.84 and a beta of 0.77.

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

American Healthcare REIT Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, June 30th. American Healthcare REIT’s payout ratio is 172.41%.

Wall Street Analysts Forecast Growth

AHR has been the topic of a number of recent analyst reports. Barclays started coverage on shares of American Healthcare REIT in a research note on Tuesday. They set an “overweight” rating and a $61.00 price target on the stock. KeyCorp boosted their price objective on shares of American Healthcare REIT from $55.00 to $58.00 and gave the company an “overweight” rating in a report on Thursday, May 28th. Weiss Ratings downgraded American Healthcare REIT from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, June 2nd. Truist Financial raised their target price on American Healthcare REIT from $52.00 to $57.00 and gave the stock a “buy” rating in a research note on Thursday, March 12th. Finally, UBS Group lifted their price target on American Healthcare REIT from $60.00 to $63.00 and gave the stock a “buy” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, American Healthcare REIT has a consensus rating of “Moderate Buy” and a consensus target price of $56.00.

Insider Activity

In related news, CFO Brian Peay sold 25,000 shares of American Healthcare REIT stock in a transaction that occurred on 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 trade represents a 14.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Mark E. Foster sold 2,500 shares of American Healthcare REIT stock in a transaction that occurred on Wednesday, June 24th. The shares were 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. This represents a 4.50% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 29,500 shares of company stock valued at $1,485,590. Insiders own 0.75% of the company’s stock.

American Healthcare REIT Company 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.