American Healthcare REIT, Inc. (NYSE:AHR) Shares Sold by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC lessened its holdings in American Healthcare REIT, Inc. (NYSE:AHR) by 6.7% during the fourth quarter, Holdings Channel.com reports. The firm owned 55,401 shares of the company’s stock after selling 3,982 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in American Healthcare REIT were worth $1,574,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AHR. Charles Schwab Investment Management Inc. lifted its holdings in shares of American Healthcare REIT by 118.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,907,986 shares of the company’s stock valued at $49,798,000 after buying an additional 1,034,365 shares during the period. Janus Henderson Group PLC raised its position in American Healthcare REIT by 79.8% in the third quarter. Janus Henderson Group PLC now owns 94,112 shares of the company’s stock worth $2,456,000 after acquiring an additional 41,755 shares in the last quarter. Foundations Investment Advisors LLC acquired a new stake in American Healthcare REIT in the third quarter valued at $568,000. Swiss National Bank boosted its position in shares of American Healthcare REIT by 126.6% during the 3rd quarter. Swiss National Bank now owns 291,400 shares of the company’s stock worth $7,606,000 after purchasing an additional 162,800 shares in the last quarter. Finally, Hilton Capital Management LLC acquired a new position in shares of American Healthcare REIT during the 3rd quarter worth $4,777,000. Institutional investors and hedge funds own 16.68% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on the stock. Colliers Securities raised shares of American Healthcare REIT from a “hold” rating to a “moderate buy” rating in a report on Sunday, October 13th. Morgan Stanley boosted their price target on American Healthcare REIT from $27.00 to $29.00 and gave the stock an “overweight” rating in a research note on Monday, December 30th. Royal Bank of Canada raised their price objective on American Healthcare REIT from $28.00 to $30.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Finally, Truist Financial boosted their target price on American Healthcare REIT from $27.00 to $29.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $26.00.

American Healthcare REIT Stock Up 0.7 %

Shares of NYSE:AHR opened at $28.91 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.59. The company has a market capitalization of $4.42 billion and a P/E ratio of -60.22. American Healthcare REIT, Inc. has a 52-week low of $12.63 and a 52-week high of $29.99. The stock’s fifty day simple moving average is $28.29 and its 200-day simple moving average is $24.20.

American Healthcare REIT (NYSE:AHR) last released its quarterly earnings results on Tuesday, November 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.35). The firm had revenue of $523.81 million for the quarter, compared to analyst estimates of $474.26 million. American Healthcare REIT had a negative return on equity of 1.87% and a negative net margin of 1.84%. The firm’s quarterly revenue was up 12.8% on a year-over-year basis. As a group, equities research analysts forecast that American Healthcare REIT, Inc. will post 1.41 earnings per share 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 annualized dividend and a yield of 3.46%. American Healthcare REIT’s payout ratio is currently -208.33%.

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.