Shares of American Healthcare REIT, Inc. (NYSE:AHR – Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $55.47, but opened at $53.25. American Healthcare REIT shares last traded at $52.83, with a volume of 1,905,124 shares trading hands.
Wall Street Analyst Weigh In
Several brokerages recently issued reports on AHR. Royal Bank Of Canada increased their price objective on American Healthcare REIT from $54.00 to $56.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 26th. Citigroup reissued a “market outperform” rating on shares of American Healthcare REIT in a report on Monday. Barclays started coverage on shares of American Healthcare REIT in a report on Tuesday, July 7th. They set an “overweight” rating and a $61.00 target price on the stock. UBS Group increased their price target on shares of American Healthcare REIT from $60.00 to $63.00 and gave the company a “buy” rating in a research note on Wednesday, July 8th. Finally, Weiss Ratings downgraded American Healthcare REIT from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, June 2nd. Twelve research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $58.83.
American Healthcare REIT Stock Down 5.2%
American Healthcare REIT (NYSE:AHR – Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. American Healthcare REIT had a net margin of 4.84% and a return on equity of 3.63%. The business had revenue of $674.25 million during the quarter, compared to the consensus estimate of $645.30 million. During the same period in the previous year, the firm posted $0.42 earnings per share. American Healthcare REIT’s revenue for the quarter was up 24.3% compared to the same quarter last year. American Healthcare REIT has set its FY 2026 guidance at 2.150-2.190 EPS. Sell-side analysts anticipate that American Healthcare REIT, Inc. will post 2.17 EPS for the current fiscal year.
American Healthcare REIT Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, July 17th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $1.00 annualized dividend and a yield of 1.9%. American Healthcare REIT’s dividend payout ratio (DPR) is currently 147.06%.
Insider Activity at American Healthcare REIT
In other 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 value of $1,267,500.00. Following the completion of 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 filing with the SEC, which is accessible through the SEC website. Also, EVP Mark E. Foster sold 2,500 shares of the company’s 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 sale, the executive vice president directly owned 52,995 shares in the company, 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 90 days. Company insiders own 0.75% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the business. Royal Bank of Canada increased its position in shares of American Healthcare REIT by 2,984.1% during the 4th quarter. Royal Bank of Canada now owns 6,161,549 shares of the company’s stock valued at $289,962,000 after purchasing an additional 5,961,767 shares during the last quarter. Norges Bank purchased a new stake in shares of American Healthcare REIT in the 4th quarter valued at $120,403,000. Balyasny Asset Management L.P. grew its stake in shares of American Healthcare REIT by 354.0% during the fourth quarter. Balyasny Asset Management L.P. now owns 2,153,129 shares of the company’s stock valued at $101,326,000 after buying an additional 1,678,850 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of American Healthcare REIT in the second quarter worth about $77,999,000. Finally, Federated Hermes Inc. boosted its position in shares of American Healthcare REIT by 130.1% during the fourth quarter. Federated Hermes Inc. now owns 2,557,850 shares of the company’s stock valued at $120,372,000 after purchasing an additional 1,445,987 shares in the last quarter. 16.68% of the stock is currently owned by institutional investors and hedge funds.
About American Healthcare REIT
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.
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