First Trust Advisors LP Acquires 96,707 Shares of American Healthcare REIT, Inc. $AHR

First Trust Advisors LP grew its holdings in American Healthcare REIT, Inc. (NYSE:AHR) by 27.5% during the 1st quarter, Holdings Channel.com reports. The fund owned 448,094 shares of the company’s stock after acquiring an additional 96,707 shares during the period. First Trust Advisors LP’s holdings in American Healthcare REIT were worth $21,132,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the business. Manning & Napier Advisors LLC purchased a new stake in shares of American Healthcare REIT during the first quarter worth about $26,000. Garton & Associates Financial Advisors LLC purchased a new position in American Healthcare REIT in the 4th quarter worth approximately $26,000. Kemnay Advisory Services Inc. purchased a new position in American Healthcare REIT in the 4th quarter worth approximately $29,000. Darwin Wealth Management LLC bought a new position in American Healthcare REIT in the 2nd quarter worth approximately $31,000. Finally, Los Angeles Capital Management LLC bought a new position in American Healthcare REIT in the 4th quarter worth approximately $34,000. Institutional investors own 16.68% of the company’s stock.

American Healthcare REIT Price Performance

NYSE:AHR opened at $57.61 on Thursday. The firm has a market capitalization of $11.10 billion, a price-to-earnings ratio of 99.33, a PEG ratio of 1.93 and a beta of 0.77. American Healthcare REIT, Inc. has a 1 year low of $37.66 and a 1 year high of $58.70. The business has a 50 day simple moving average of $51.42 and a 200-day simple moving average of $50.34. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.45 and a quick ratio of 0.45.

American Healthcare REIT (NYSE:AHR) last announced its earnings results on Thursday, May 7th. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.34). The company had revenue of $650.77 million during the quarter, compared to analysts’ expectations of $667.57 million. American Healthcare REIT had a return on equity of 3.33% and a net margin of 4.23%.American Healthcare REIT’s revenue for the quarter was up 20.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.38 EPS. American Healthcare REIT has set its FY 2026 guidance at 2.030-2.090 EPS. Equities analysts forecast that American Healthcare REIT, Inc. will post 2.07 EPS for the current year.

American Healthcare REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, June 30th. American Healthcare REIT’s payout ratio is presently 172.41%.

Insider Buying and Selling at American Healthcare REIT

In other news, CFO Brian Peay sold 25,000 shares of the stock in a transaction on Friday, June 26th. The shares were sold at an average price of $50.70, for a total value of $1,267,500.00. Following the sale, the chief financial officer owned 152,700 shares of the company’s stock, valued at approximately $7,741,890. This represents a 14.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Mark E. Foster sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $48.58, for a total transaction of $121,450.00. Following the completion of the sale, the executive vice president owned 52,995 shares of the company’s stock, valued at $2,574,497.10. This trade represents a 4.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 29,500 shares of company stock valued at $1,485,590 over the last ninety days. 0.75% of the stock is owned by insiders.

Analyst Ratings Changes

AHR has been the topic of several recent analyst reports. Barclays initiated coverage on shares of American Healthcare REIT in a research report on Tuesday, July 7th. They set an “overweight” rating and a $61.00 price objective on the stock. Weiss Ratings lowered shares of American Healthcare REIT from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, June 2nd. KeyCorp lifted their price target 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. UBS Group boosted their price target on shares of 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, Scotiabank dropped their price objective on shares of American Healthcare REIT from $59.00 to $51.00 and set a “sector outperform” rating for the company in a report on Thursday, June 18th. Twelve equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $58.83.

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.