Advisory Resource Group Lowers Holdings in American Healthcare REIT, Inc. (NYSE:AHR)

Advisory Resource Group cut its stake in American Healthcare REIT, Inc. (NYSE:AHR) by 3.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 27,947 shares of the company’s stock after selling 938 shares during the quarter. Advisory Resource Group’s holdings in American Healthcare REIT were worth $794,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. The Manufacturers Life Insurance Company acquired a new position in shares of American Healthcare REIT in the 2nd quarter valued at $352,000. SG Americas Securities LLC raised its position in shares of American Healthcare REIT by 184.0% in the third quarter. SG Americas Securities LLC now owns 36,778 shares of the company’s stock worth $960,000 after acquiring an additional 23,827 shares during the period. Park Avenue Securities LLC purchased a new stake in shares of American Healthcare REIT during the 3rd quarter worth about $286,000. Mather Group LLC. purchased a new position in shares of American Healthcare REIT in the 3rd quarter valued at about $182,000. Finally, Brookstone Capital Management acquired a new stake in American Healthcare REIT in the third quarter valued at approximately $209,000. Hedge funds and other institutional investors own 16.68% of the company’s stock.

Analyst Upgrades and Downgrades

AHR has been the topic of a number of recent analyst reports. Truist Financial increased their target price on American Healthcare REIT from $27.00 to $29.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Morgan Stanley lifted their target price on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company an “overweight” rating in a research report on Monday, December 30th. Colliers Securities upgraded shares of American Healthcare REIT from a “hold” rating to a “moderate buy” rating in a research report on Sunday, October 13th. Finally, Royal Bank of Canada raised their price target on shares of American Healthcare REIT from $28.00 to $30.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $26.00.

American Healthcare REIT Trading Down 0.3 %

Shares of American Healthcare REIT stock opened at $29.30 on Friday. American Healthcare REIT, Inc. has a 1-year low of $12.81 and a 1-year high of $29.99. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37. The stock has a market cap of $4.48 billion and a P/E ratio of -61.04. The stock’s 50 day simple moving average is $28.34 and its 200-day simple moving average is $25.03.

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

American Healthcare REIT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Tuesday, December 31st were given a $0.25 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.00 annualized dividend and a yield of 3.41%. American Healthcare REIT’s payout ratio is -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.