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

Dynamic Advisor Solutions LLC lowered its stake in American Healthcare REIT, Inc. (NYSE:AHR) by 6.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,401 shares of the company’s stock after selling 3,982 shares during the period. 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 (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. GAMMA Investing LLC raised its holdings in American Healthcare REIT by 104.1% in the fourth quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock valued at $28,000 after acquiring an additional 504 shares in the last quarter. Carolina Wealth Advisors LLC acquired a new stake in shares of American Healthcare REIT in the 4th quarter valued at $29,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of American Healthcare REIT during the 3rd quarter worth $28,000. Kozak & Associates Inc. acquired a new position in shares of American Healthcare REIT during the third quarter worth $28,000. Finally, Quarry LP acquired a new stake in American Healthcare REIT in the third quarter valued at $33,000. Hedge funds and other institutional investors own 16.68% of the company’s stock.

American Healthcare REIT Stock Up 0.7 %

Shares of NYSE:AHR opened at $28.91 on Friday. American Healthcare REIT, Inc. has a 1-year low of $12.63 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 $4.42 billion and a P/E ratio of -60.22. The firm has a fifty day moving average price of $28.29 and a 200 day moving average price of $24.20.

American Healthcare REIT (NYSE:AHR) last announced its earnings results 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 business 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 company’s revenue for the quarter was up 12.8% compared to the same quarter last year. Sell-side analysts predict that American Healthcare REIT, Inc. will post 1.41 EPS for the current year.

American Healthcare REIT Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 3.46%. The ex-dividend date of this dividend was Tuesday, December 31st. American Healthcare REIT’s dividend payout ratio (DPR) is presently -208.33%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on AHR. Truist Financial upped their price objective 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. Morgan Stanley increased their price target on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company an “overweight” rating in a research note 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 increased their target price on shares of American Healthcare REIT from $28.00 to $30.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $26.00.

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.