Public Employees Retirement System of Ohio Has $8.50 Million Stock Position in American Healthcare REIT, Inc. $AHR

Public Employees Retirement System of Ohio grew its position in American Healthcare REIT, Inc. (NYSE:AHR) by 7.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 231,343 shares of the company’s stock after buying an additional 15,959 shares during the period. Public Employees Retirement System of Ohio’s holdings in American Healthcare REIT were worth $8,500,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. lifted its position in American Healthcare REIT by 22.4% in the 1st quarter. Vanguard Group Inc. now owns 18,795,192 shares of the company’s stock valued at $569,494,000 after acquiring an additional 3,437,861 shares in the last quarter. Principal Financial Group Inc. lifted its position in American Healthcare REIT by 1.1% in the 1st quarter. Principal Financial Group Inc. now owns 12,373,709 shares of the company’s stock valued at $374,923,000 after acquiring an additional 134,822 shares in the last quarter. Invesco Ltd. lifted its position in American Healthcare REIT by 1,543.1% in the 1st quarter. Invesco Ltd. now owns 5,022,455 shares of the company’s stock valued at $152,180,000 after acquiring an additional 4,716,792 shares in the last quarter. Alliancebernstein L.P. lifted its position in American Healthcare REIT by 350.7% in the 1st quarter. Alliancebernstein L.P. now owns 4,559,365 shares of the company’s stock valued at $138,149,000 after acquiring an additional 3,547,635 shares in the last quarter. Finally, Nuveen LLC bought a new stake in American Healthcare REIT in the 1st quarter valued at $68,097,000. Institutional investors and hedge funds own 16.68% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on AHR. Truist Financial boosted their price objective on shares of American Healthcare REIT from $44.00 to $46.00 and gave the company a “buy” rating in a research report on Tuesday, August 26th. Baird R W raised shares of American Healthcare REIT to a “strong-buy” rating in a research report on Thursday, July 17th. UBS Group started coverage on shares of American Healthcare REIT in a research report on Friday, September 19th. They issued a “buy” rating and a $51.00 price objective on the stock. Scotiabank reissued an “outperform” rating on shares of American Healthcare REIT in a research report on Thursday, August 28th. Finally, KeyCorp boosted their price target on shares of American Healthcare REIT from $34.00 to $40.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 11th. One equities research analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $44.11.

Insider Activity

In other news, CIO Stefan K.L. Oh sold 3,860 shares of the business’s stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $36.10, for a total transaction of $139,346.00. Following the transaction, the executive directly owned 95,671 shares in the company, valued at $3,453,723.10. The trade was a 3.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Mark E. Foster sold 3,850 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $41.89, for a total transaction of $161,276.50. Following the transaction, the executive vice president owned 59,100 shares in the company, valued at $2,475,699. This represents a 6.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.92% of the stock is owned by insiders.

American Healthcare REIT Trading Up 1.0%

Shares of NYSE:AHR opened at $42.15 on Friday. The company’s 50-day moving average price is $41.06 and its two-hundred day moving average price is $35.93. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.48 and a quick ratio of 0.48. American Healthcare REIT, Inc. has a one year low of $23.66 and a one year high of $43.52. The stock has a market capitalization of $7.10 billion, a PE ratio of -191.57, a price-to-earnings-growth ratio of 2.18 and a beta of 1.09.

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

American Healthcare REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Tuesday, September 30th will be paid a dividend of $0.25 per share. The ex-dividend date is Tuesday, September 30th. This represents a $1.00 annualized dividend and a dividend yield of 2.4%. American Healthcare REIT’s payout ratio is currently -454.55%.

American Healthcare REIT Company 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.