American Healthcare REIT, Inc. (NYSE:AHR) Stock Position Cut by N.E.W. Advisory Services LLC

N.E.W. Advisory Services LLC trimmed its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 9.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 41,543 shares of the company’s stock after selling 4,177 shares during the quarter. N.E.W. Advisory Services LLC’s holdings in American Healthcare REIT were worth $1,181,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Kozak & Associates Inc. bought a new position in American Healthcare REIT during the third quarter valued at about $28,000. Wilmington Savings Fund Society FSB bought a new position in shares of American Healthcare REIT during the 3rd quarter valued at about $28,000. GAMMA Investing LLC grew its stake in shares of American Healthcare REIT by 104.1% in the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock worth $28,000 after purchasing an additional 504 shares during the last quarter. Carolina Wealth Advisors LLC bought a new stake in shares of American Healthcare REIT in the 4th quarter worth approximately $29,000. Finally, Quarry LP acquired a new stake in American Healthcare REIT during the third quarter valued at approximately $33,000. 16.68% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have issued reports on AHR. Truist Financial lifted their price target on shares of American Healthcare REIT from $27.00 to $29.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Morgan Stanley lifted their target price on American Healthcare REIT from $27.00 to $29.00 and gave the stock an “overweight” rating in a report on Monday, December 30th. Royal Bank of Canada upped their target price on American Healthcare REIT from $28.00 to $30.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Finally, Colliers Securities raised American Healthcare REIT from a “hold” rating to a “moderate buy” rating in a research note on Sunday, October 13th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $26.00.

American Healthcare REIT Stock Down 1.8 %

Shares of American Healthcare REIT stock opened at $28.28 on Friday. The company has a market cap of $4.33 billion and a P/E ratio of -58.91. American Healthcare REIT, Inc. has a 1 year low of $12.63 and a 1 year high of $29.99. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.59. The stock has a 50-day moving average price of $28.38 and a 200 day moving average price of $24.59.

American Healthcare REIT (NYSE:AHR) last released its quarterly earnings data on Tuesday, November 12th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.35). The company had revenue of $523.81 million during the quarter, compared to analyst estimates of $474.26 million. American Healthcare REIT had a negative net margin of 1.84% and a negative return on equity of 1.87%. The company’s revenue was up 12.8% on a year-over-year basis. As a group, analysts expect that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st were paid a $0.25 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.00 dividend on an annualized basis and a yield of 3.54%. American Healthcare REIT’s dividend payout ratio (DPR) is currently -208.33%.

About American Healthcare REIT

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.