Cetera Investment Advisers Buys 20,075 Shares of American Healthcare REIT, Inc. $AHR

Cetera Investment Advisers increased its position in American Healthcare REIT, Inc. (NYSE:AHRFree Report) by 8.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 268,749 shares of the company’s stock after acquiring an additional 20,075 shares during the quarter. Cetera Investment Advisers’ holdings in American Healthcare REIT were worth $12,674,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Manning & Napier Advisors LLC purchased a new position in American Healthcare REIT during the first quarter valued at approximately $26,000. Garton & Associates Financial Advisors LLC purchased a new stake in shares of American Healthcare REIT in the fourth quarter worth $26,000. Kemnay Advisory Services Inc. bought a new stake in shares of American Healthcare REIT during the 4th quarter valued at $29,000. Los Angeles Capital Management LLC bought a new stake in shares of American Healthcare REIT during the 4th quarter valued at $34,000. Finally, Caitong International Asset Management Co. Ltd purchased a new position in shares of American Healthcare REIT during the 4th quarter valued at $35,000. Institutional investors own 16.68% of the company’s stock.

Analysts Set New Price Targets

AHR has been the subject of several recent analyst reports. KeyCorp upped their target price on shares of American Healthcare REIT from $55.00 to $58.00 and gave the stock an “overweight” rating in a report on Thursday, May 28th. Citizens Jmp raised their price target on American Healthcare REIT from $60.00 to $65.00 and gave the company a “market outperform” rating in a report on Monday. Weiss Ratings downgraded American Healthcare REIT from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, June 2nd. Citigroup reaffirmed an “outperform” rating on shares of American Healthcare REIT in a research note on Monday. Finally, Scotiabank cut their target price 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. Twelve research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $58.83.

Read Our Latest Report on American Healthcare REIT

American Healthcare REIT Stock Performance

Shares of NYSE AHR opened at $57.61 on Thursday. The company has a market cap of $11.10 billion, a P/E ratio of 99.33, a P/E/G ratio of 1.93 and a beta of 0.77. American Healthcare REIT, Inc. has a 52-week low of $37.66 and a 52-week high of $58.70. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.45 and a current ratio of 0.45. The firm’s fifty day moving average is $51.42 and its two-hundred day moving average is $50.34.

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

American Healthcare REIT Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Tuesday, June 30th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Tuesday, June 30th. American Healthcare REIT’s payout ratio is currently 172.41%.

Insider Activity at American Healthcare REIT

In other news, CFO Brian Peay sold 25,000 shares of the company’s 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 sale, the chief financial officer directly owned 152,700 shares of the company’s stock, valued at $7,741,890. This represents a 14.07% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mark E. Foster sold 2,500 shares of the 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 $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. Insiders have sold a total of 29,500 shares of company stock valued at $1,485,590 in the last 90 days. 0.75% of the stock is currently owned by company insiders.

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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