Kestra Advisory Services LLC Sells 200,991 Shares of American Healthcare REIT, Inc. $AHR

Key Points

• Kestra Advisory Services LLC sold 34.7% of its stake in American Healthcare REIT, reducing its ownership to 378,559 shares valued at approximately $11.47 million.
• American Healthcare REIT reported a quarterly earnings per share of $0.42, surpassing analysts' expectations, with revenue rising 7.5% year-over-year to $542.5 million.
• The company recently announced a quarterly dividend of $0.25 per share, resulting in an annualized yield of 2.4%, despite a negative payout ratio of -454.55%.

Kestra Advisory Services LLC trimmed its position in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 34.7% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 378,559 shares of the company's stock after selling 200,991 shares during the period. Kestra Advisory Services LLC owned about 0.24% of American Healthcare REIT worth $11,470,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the business. Wolff Wiese Magana LLC bought a new position in shares of American Healthcare REIT during the 1st quarter valued at approximately $25,000. MassMutual Private Wealth & Trust FSB lifted its holdings in shares of American Healthcare REIT by 189.0% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 968 shares of the company's stock worth $29,000 after purchasing an additional 633 shares during the period. Spirit of America Management Corp NY acquired a new stake in American Healthcare REIT in the first quarter valued at approximately $30,000. Avalon Trust Co acquired a new stake in shares of American Healthcare REIT in the first quarter worth approximately $36,000. Finally, Continuum Advisory LLC purchased a new position in American Healthcare REIT during the first quarter worth approximately $37,000. 16.68% of the stock is owned by hedge funds and other institutional investors.

American Healthcare REIT Stock Performance

Shares of AHR traded down $0.09 during trading hours on Friday, reaching $42.63. 214,877 shares of the company traded hands, compared to its average volume of 1,630,563. The stock's fifty day moving average is $38.61 and its 200 day moving average is $33.89. The stock has a market cap of $7.19 billion, a P/E ratio of -193.66, a price-to-earnings-growth ratio of 2.19 and a beta of 1.08. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.48 and a current ratio of 0.48. American Healthcare REIT, Inc. has a 1-year low of $20.15 and a 1-year high of $43.14.

American Healthcare REIT (NYSE:AHR - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.42 EPS for the quarter, beating analysts' consensus estimates of $0.40 by $0.02. American Healthcare REIT had a negative net margin of 1.56% and a negative return on equity of 1.43%. The business had revenue of $542.50 million during the quarter, compared to analyst estimates of $539.49 million. During the same quarter in the prior year, the business earned $0.33 earnings per share. The firm's revenue for the quarter was up 7.5% on a year-over-year basis. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. Equities research analysts anticipate that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current fiscal year.

American Healthcare REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Shareholders of record on Monday, June 30th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Monday, June 30th. American Healthcare REIT's dividend payout ratio is currently -454.55%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on AHR shares. Robert W. Baird initiated coverage on American Healthcare REIT in a research report on Friday, July 18th. They set an "outperform" rating and a $41.00 price objective for the company. Scotiabank restated an "outperform" rating on shares of American Healthcare REIT in a report on Thursday. Truist Financial increased their target price on American Healthcare REIT from $44.00 to $46.00 and gave the stock a "buy" rating in a research report on Tuesday. JMP Securities lifted their price target on American Healthcare REIT from $40.00 to $45.00 and gave the stock a "market outperform" rating in a research note on Monday, August 11th. Finally, Baird R W raised American Healthcare REIT to a "strong-buy" rating in a report on Thursday, July 17th. One research analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average target price of $41.89.

Insiders Place Their Bets

In other American Healthcare REIT news, CIO Stefan K.L. Oh sold 3,860 shares of the company's stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $36.10, for a total transaction of $139,346.00. Following the sale, the executive directly owned 95,671 shares of the company's stock, valued at approximately $3,453,723.10. This represents a 3.88% decrease in their ownership of the stock. The sale was disclosed in a filing 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.