Wealthcare Advisory Partners LLC Sells 6,510 Shares of American Healthcare REIT, Inc. $AHR

Wealthcare Advisory Partners LLC decreased its position in American Healthcare REIT, Inc. (NYSE:AHR) by 47.5% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 7,208 shares of the company’s stock after selling 6,510 shares during the period. Wealthcare Advisory Partners LLC’s holdings in American Healthcare REIT were worth $265,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wolff Wiese Magana LLC bought a new stake in shares of American Healthcare REIT during the 1st quarter worth approximately $25,000. Spirit of America Management Corp NY bought a new stake in shares of American Healthcare REIT during the 1st quarter worth approximately $30,000. Physician Wealth Advisors Inc. bought a new stake in shares of American Healthcare REIT during the 2nd quarter worth approximately $34,000. Avalon Trust Co bought a new stake in shares of American Healthcare REIT during the 1st quarter worth approximately $36,000. Finally, Continuum Advisory LLC bought a new stake in shares of American Healthcare REIT during the 1st quarter worth approximately $37,000. Institutional investors own 16.68% of the company’s stock.

American Healthcare REIT Stock Performance

NYSE:AHR opened at $40.58 on Friday. The stock’s 50-day simple moving average is $41.69 and its 200 day simple moving average is $36.67. The firm has a market capitalization of $6.84 billion, a PE ratio of -184.45, a price-to-earnings-growth ratio of 2.08 and a beta of 0.98. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 0.41. American Healthcare REIT, Inc. has a twelve month low of $24.21 and a twelve month high of $43.52.

American Healthcare REIT (NYSE:AHR) last posted its earnings results on Thursday, August 7th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.40 by $0.02. The firm had revenue of $542.50 million during 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 business’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period last year, the company earned $0.33 earnings per share. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. On average, analysts anticipate that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Tuesday, September 30th will be given a $0.25 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $1.00 annualized dividend and a yield of 2.5%. American Healthcare REIT’s dividend payout ratio (DPR) is currently -454.55%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. UBS Group assumed coverage on American Healthcare REIT in a research note on Friday, September 19th. They set a “buy” rating and a $51.00 price objective on the stock. Robert W. Baird initiated coverage on American Healthcare REIT in a research note on Friday, July 18th. They set an “outperform” rating and a $41.00 price objective on the stock. Scotiabank restated an “outperform” rating on shares of American Healthcare REIT in a research note on Thursday, August 28th. JMP Securities increased their price target on American Healthcare REIT from $40.00 to $45.00 and gave the company a “market outperform” rating in a research note on Monday, August 11th. Finally, Royal Bank Of Canada increased their price target on American Healthcare REIT from $39.00 to $45.00 and gave the company an “outperform” rating in a research note on Wednesday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $44.11.

Insider Buying and Selling

In other American Healthcare REIT news, EVP Mark E. Foster sold 3,850 shares of the 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 completion of the transaction, the executive vice president directly owned 59,100 shares in the company, valued at approximately $2,475,699. This trade represents a 6.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.92% of the company’s stock.

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.