Petra Financial Advisors Inc. Increases Position in American Healthcare REIT, Inc. $AHR

Petra Financial Advisors Inc. increased its holdings in American Healthcare REIT, Inc. (NYSE:AHR) by 233.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,761 shares of the company’s stock after acquiring an additional 18,026 shares during the quarter. Petra Financial Advisors Inc.’s holdings in American Healthcare REIT were worth $946,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC increased its holdings in American Healthcare REIT by 22.1% during the 2nd quarter. GAMMA Investing LLC now owns 1,716 shares of the company’s stock worth $63,000 after purchasing an additional 311 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of American Healthcare REIT by 1.4% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 29,300 shares of the company’s stock worth $1,086,000 after buying an additional 393 shares during the last quarter. Lion Street Advisors LLC increased its stake in shares of American Healthcare REIT by 6.2% in the second quarter. Lion Street Advisors LLC now owns 7,373 shares of the company’s stock worth $271,000 after buying an additional 430 shares during the last quarter. Benjamin Edwards Inc. raised its holdings in American Healthcare REIT by 3.2% in the first quarter. Benjamin Edwards Inc. now owns 14,368 shares of the company’s stock valued at $435,000 after acquiring an additional 444 shares in the last quarter. Finally, Xponance Inc. boosted its stake in American Healthcare REIT by 4.3% during the 1st quarter. Xponance Inc. now owns 11,489 shares of the company’s stock valued at $348,000 after acquiring an additional 470 shares during the last quarter. Institutional investors and hedge funds own 16.68% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Truist Financial boosted their target price on shares of American Healthcare REIT from $44.00 to $46.00 and gave the stock a “buy” rating in a research report on Tuesday, August 26th. JMP Securities boosted their price objective on American Healthcare REIT from $45.00 to $50.00 and gave the company a “market outperform” rating in a report on Friday, October 17th. Scotiabank restated an “outperform” rating on shares of American Healthcare REIT in a research note on Thursday, August 28th. Robert W. Baird began coverage on American Healthcare REIT in a research report on Friday, July 18th. They issued an “outperform” rating and a $41.00 target price for the company. Finally, Royal Bank Of Canada upped their price target on American Healthcare REIT from $39.00 to $45.00 and gave the company an “outperform” rating in a research report on Wednesday, August 13th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, American Healthcare REIT has an average rating of “Buy” and an average price target of $45.00.

American Healthcare REIT Stock Up 0.4%

Shares of American Healthcare REIT stock opened at $44.50 on Tuesday. The stock has a market capitalization of $7.50 billion, a price-to-earnings ratio of -202.25, a PEG ratio of 2.21 and a beta of 0.98. American Healthcare REIT, Inc. has a twelve month low of $24.21 and a twelve month high of $44.81. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.41. The business’s 50 day simple moving average is $42.26 and its 200-day simple moving average is $37.82.

American Healthcare REIT (NYSE:AHR) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.02. American Healthcare REIT had a negative return on equity of 1.43% and a negative net margin of 1.56%.The firm had revenue of $542.50 million during the quarter, compared to the consensus estimate of $539.49 million. During the same period in the prior year, the business earned $0.33 EPS. The firm’s revenue was up 7.5% on a year-over-year basis. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. Equities research analysts forecast that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current year.

American Healthcare REIT Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Tuesday, September 30th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Tuesday, September 30th. American Healthcare REIT’s dividend payout ratio (DPR) is -454.55%.

Insiders Place Their Bets

In other American Healthcare REIT news, EVP Mark E. Foster sold 3,850 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $41.89, for a total transaction of $161,276.50. Following the completion of the transaction, the executive vice president directly owned 59,100 shares of the company’s stock, valued at $2,475,699. The trade was a 6.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.00% of the stock is currently owned by corporate insiders.

American Healthcare REIT Profile

Formed by the successful merger of Griffin-American Healthcare REIT III and Griffin-American Healthcare REIT IV, as well as the acquisition of the business and operations of American Healthcare Investors, American Healthcare REIT is one of the larger healthcare-focused real estate investment trusts globally with assets totaling approximately $4.2 billion in gross investment value.