Janney Montgomery Scott LLC increased its position in American Healthcare REIT, Inc. (NYSE:AHR – Free Report) by 40.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 41,219 shares of the company’s stock after acquiring an additional 11,830 shares during the period. Janney Montgomery Scott LLC’s holdings in American Healthcare REIT were worth $1,944,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of the company. Pictet Asset Management Holding SA lifted its holdings in American Healthcare REIT by 11.4% in the first quarter. Pictet Asset Management Holding SA now owns 27,097 shares of the company’s stock valued at $1,278,000 after acquiring an additional 2,776 shares during the period. Louisiana State Employees Retirement System bought a new stake in shares of American Healthcare REIT during the 1st quarter valued at about $2,424,000. First American Bank grew its stake in shares of American Healthcare REIT by 1.6% during the 1st quarter. First American Bank now owns 82,672 shares of the company’s stock valued at $3,899,000 after purchasing an additional 1,314 shares during the period. Vanderbilt University bought a new stake in shares of American Healthcare REIT during the 1st quarter valued at about $261,000. Finally, Fifth Third Wealth Advisors LLC purchased a new stake in shares of American Healthcare REIT during the 1st quarter valued at about $311,000. Hedge funds and other institutional investors own 16.68% of the company’s stock.
Insider Transactions at American Healthcare REIT
In related news, CFO Brian Peay sold 25,000 shares of the stock in a transaction dated 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 sale, the chief financial officer 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Mark E. Foster sold 2,500 shares of the stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $48.58, for a total value of $121,450.00. Following the sale, 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 position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 29,500 shares of company stock worth $1,485,590. Insiders own 0.75% of the company’s stock.
American Healthcare REIT Stock Performance
American Healthcare REIT (NYSE:AHR – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.47 by ($0.34). The firm had revenue of $650.77 million for the quarter, compared to analysts’ expectations 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 quarterly revenue 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 anticipate that American Healthcare REIT, Inc. will post 2.07 earnings per share for the current fiscal year.
American Healthcare REIT Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $1.00 dividend on an annualized basis and a yield of 1.9%. American Healthcare REIT’s dividend payout ratio (DPR) is currently 172.41%.
Analysts Set New Price Targets
Several brokerages have recently weighed in on AHR. Weiss Ratings cut shares of American Healthcare REIT from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 2nd. Citigroup upgraded shares of American Healthcare REIT from a “neutral” rating to a “buy” rating and set a $55.00 target price for the company in a research report on Monday, June 22nd. Scotiabank reduced their target price 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. KeyCorp increased their price target on shares of American Healthcare REIT from $55.00 to $58.00 and gave the stock an “overweight” rating in a research report on Thursday, May 28th. Finally, Royal Bank Of Canada lifted their price target on shares of American Healthcare REIT from $54.00 to $56.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 26th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, American Healthcare REIT has a consensus rating of “Moderate Buy” and an average price target of $56.00.
Read Our Latest Research Report on AHR
American Healthcare REIT 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.
Read More
- Five stocks we like better than American Healthcare REIT
- PriceSmart Stock Eyes $220 as Chile Expansion Fuels Growth
- Dollar Tree’s Turnaround Is Starting to Take Root
- Why Levi’s Digital Strategy Is Paying Off in a Big Way
- Constellation Brands: Beer Growth and Buybacks Mask Stock’s Slump
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:AHR – Free Report).
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.
