Amundi Has $2.69 Million Stake in American Healthcare REIT, Inc. $AHR

Amundi lifted its position in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 9.1% during the 1st quarter, HoldingsChannel reports. The fund owned 88,515 shares of the company’s stock after purchasing an additional 7,370 shares during the period. Amundi’s holdings in American Healthcare REIT were worth $2,691,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Wolff Wiese Magana LLC acquired a new stake in shares of American Healthcare REIT during the 1st quarter valued at $25,000. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of American Healthcare REIT by 189.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 968 shares of the company’s stock valued at $29,000 after acquiring an additional 633 shares in the last quarter. Spirit of America Management Corp NY acquired a new stake in shares of American Healthcare REIT during the 1st quarter valued at $30,000. Avalon Trust Co acquired a new position in American Healthcare REIT during the 1st quarter worth about $36,000. Finally, Continuum Advisory LLC acquired a new position in American Healthcare REIT during the 1st quarter worth about $37,000. Institutional investors and hedge funds own 16.68% of the company’s stock.

Insider Transactions at American Healthcare REIT

In other news, 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 value of $161,276.50. Following 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 value of $139,346.00. Following the completion of the transaction, the executive directly owned 95,671 shares in the company, valued at $3,453,723.10. This represents a 3.88% 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.

Analyst Upgrades and Downgrades

AHR has been the topic of several recent research reports. Royal Bank Of Canada lifted their target price on American Healthcare REIT from $39.00 to $45.00 and gave the stock an “outperform” rating in a report on Wednesday, August 13th. Baird R W raised American Healthcare REIT to a “strong-buy” rating in a report on Thursday, July 17th. Scotiabank reissued an “outperform” rating on shares of American Healthcare REIT in a research report on Thursday, August 28th. KeyCorp increased their target price on shares of American Healthcare REIT from $34.00 to $40.00 and gave the company an “overweight” rating in a research report on Wednesday, June 11th. Finally, Robert W. Baird started coverage on shares of American Healthcare REIT in a research report on Friday, July 18th. They set an “outperform” rating and a $41.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating and ten have issued a Buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $41.89.

American Healthcare REIT Stock Down 1.1%

Shares of NYSE:AHR opened at $42.70 on Friday. The company has a market capitalization of $7.20 billion, a price-to-earnings ratio of -194.09, a P/E/G ratio of 2.22 and a beta of 1.09. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.48 and a quick ratio of 0.48. The business’s 50-day moving average is $39.86 and its 200-day moving average is $34.91. American Healthcare REIT, Inc. has a 1 year low of $22.64 and a 1 year high of $43.52.

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

American Healthcare REIT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Stockholders of record on Monday, June 30th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend was Monday, June 30th. American Healthcare REIT’s payout ratio is currently -454.55%.

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.