Kestra Advisory Services LLC Acquires 92,603 Shares of American Healthcare REIT, Inc. $AHR

Kestra Advisory Services LLC raised its stake in shares of American Healthcare REIT, Inc. (NYSE:AHRFree Report) by 36.1% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 348,782 shares of the company’s stock after buying an additional 92,603 shares during the quarter. Kestra Advisory Services LLC’s holdings in American Healthcare REIT were worth $16,449,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Garton & Associates Financial Advisors LLC bought a new position in shares of American Healthcare REIT during the fourth quarter worth $26,000. Kemnay Advisory Services Inc. bought a new stake in American Healthcare REIT in the 4th quarter valued at $29,000. Darwin Wealth Management LLC bought a new stake in American Healthcare REIT in the 2nd quarter valued at $31,000. Los Angeles Capital Management LLC purchased a new stake in American Healthcare REIT in the 4th quarter worth $34,000. Finally, Caitong International Asset Management Co. Ltd bought a new position in shares of American Healthcare REIT during the 4th quarter valued at about $35,000. Institutional investors own 16.68% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on AHR. Scotiabank cut their price objective on American Healthcare REIT from $59.00 to $51.00 and set a “sector outperform” rating for the company in a research report on Thursday, June 18th. Citigroup raised American Healthcare REIT from a “neutral” rating to a “buy” rating and set a $55.00 price target for the company in a research note on Monday, June 22nd. Weiss Ratings cut American Healthcare REIT from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, June 2nd. Barclays started coverage on American Healthcare REIT in a research note on Tuesday, July 7th. They issued an “overweight” rating and a $61.00 price objective on the stock. Finally, Royal Bank Of Canada upped their price objective on American Healthcare REIT from $54.00 to $56.00 and gave the stock an “outperform” rating in a report on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $56.00.

Get Our Latest Stock Report on AHR

Insider Buying and Selling at American Healthcare REIT

In other American Healthcare REIT news, EVP Mark E. Foster sold 2,500 shares of American Healthcare REIT stock in a transaction 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 of the company’s stock, valued at $2,574,497.10. The trade was a 4.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Brian Peay sold 25,000 shares of American Healthcare REIT stock in a transaction 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 transaction, the chief financial officer directly owned 152,700 shares of the company’s stock, valued at $7,741,890. The trade was a 14.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 29,500 shares of company stock worth $1,485,590 in the last 90 days. 0.75% of the stock is currently owned by insiders.

American Healthcare REIT Trading Down 0.5%

Shares of NYSE:AHR traded down $0.27 during trading on Friday, reaching $53.57. The company’s stock had a trading volume of 1,755,168 shares, compared to its average volume of 4,560,386. The stock has a market capitalization of $10.32 billion, a PE ratio of 92.37, a price-to-earnings-growth ratio of 1.79 and a beta of 0.77. American Healthcare REIT, Inc. has a 12 month low of $35.75 and a 12 month high of $55.75. The company has a current ratio of 0.45, a quick ratio of 0.45 and a debt-to-equity ratio of 0.28. The firm’s 50 day simple moving average is $49.89 and its two-hundred day simple moving average is $49.51.

American Healthcare REIT (NYSE:AHRGet Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.47 by ($0.34). American Healthcare REIT had a return on equity of 3.33% and a net margin of 4.23%.The company had revenue of $650.77 million for the quarter, compared to the consensus estimate of $667.57 million. During the same period in the previous year, the firm earned $0.38 earnings per share. The company’s revenue was up 20.4% compared to the same quarter last year. American Healthcare REIT has set its FY 2026 guidance at 2.030-2.090 EPS. On average, research analysts predict that American Healthcare REIT, Inc. will post 2.07 EPS for the current fiscal year.

American Healthcare REIT Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.00 annualized dividend and a dividend yield of 1.9%. American Healthcare REIT’s payout ratio is currently 172.41%.

American Healthcare REIT Company Profile

(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.

Featured Articles

Want to see what other hedge funds are holding AHR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for American Healthcare REIT, Inc. (NYSE:AHRFree Report).

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

Receive News & Ratings for American Healthcare REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Healthcare REIT and related companies with MarketBeat.com's FREE daily email newsletter.