American Healthcare REIT, Inc. $AHR Shares Sold by Peak Financial Advisors LLC

Key Points

• Peak Financial Advisors LLC reduced its holdings in American Healthcare REIT by 48.1% in the second quarter, owning 13,039 shares worth $479,000 after selling 12,074 shares.
• Analysts are optimistic, with a consensus rating of “Buy” and a price target of $41.89 for American Healthcare REIT, following multiple upgrades from various firms.
• American Healthcare REIT declared a quarterly dividend of $0.25, representing a 2.3% yield, despite having a negative payout ratio of -454.55%.

Peak Financial Advisors LLC lowered its holdings in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 48.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,039 shares of the company's stock after selling 12,074 shares during the quarter. Peak Financial Advisors LLC's holdings in American Healthcare REIT were worth $479,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of AHR. Wolff Wiese Magana LLC acquired a new stake in American Healthcare REIT in the first quarter valued at $25,000. MassMutual Private Wealth & Trust FSB lifted its holdings in American Healthcare REIT by 189.0% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 968 shares of the company's stock valued at $29,000 after acquiring 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 $30,000. Avalon Trust Co acquired a new stake in American Healthcare REIT in the first quarter valued at $36,000. Finally, Continuum Advisory LLC acquired a new stake in American Healthcare REIT in the first quarter valued at $37,000. Institutional investors and hedge funds own 16.68% of the company's stock.

Wall Street Analysts Forecast Growth

AHR has been the subject of a number of recent analyst reports. Robert W. Baird initiated coverage on American Healthcare REIT in a report on Friday, July 18th. They issued an "outperform" rating and a $41.00 target price for the company. Baird R W raised American Healthcare REIT to a "strong-buy" rating in a research note on Thursday, July 17th. Morgan Stanley reaffirmed an "overweight" rating on shares of American Healthcare REIT in a research note on Wednesday, September 3rd. Truist Financial lifted their price target on American Healthcare REIT from $44.00 to $46.00 and gave the stock a "buy" rating in a research note on Tuesday, August 26th. Finally, KeyCorp lifted their price target on American Healthcare REIT from $34.00 to $40.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 11th. One research analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company. According to MarketBeat, American Healthcare REIT has a consensus rating of "Buy" and a consensus price target of $41.89.

Insider Activity

In other American Healthcare REIT news, CIO Stefan K.L. Oh sold 3,860 shares of American Healthcare REIT stock in a transaction dated Monday, June 30th. The stock was sold at an average price of $36.10, for a total value of $139,346.00. Following the completion of the sale, the executive owned 95,671 shares in the company, valued at $3,453,723.10. The trade was a 3.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Mark E. Foster sold 3,850 shares of American Healthcare REIT stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $41.89, for a total value of $161,276.50. Following the completion of the sale, the executive vice president owned 59,100 shares of the company's stock, valued at $2,475,699. This trade represents a 6.12% decrease in their position. The disclosure for this sale can be found here. 0.92% of the stock is owned by insiders.

American Healthcare REIT Trading Down 0.2%

American Healthcare REIT stock opened at $42.66 on Friday. The stock has a market cap of $7.19 billion, a PE ratio of -193.89, a P/E/G ratio of 2.19 and a beta of 1.09. The stock has a 50-day moving average price of $39.97 and a 200 day moving average price of $35.04. American Healthcare REIT, Inc. has a 52 week low of $23.66 and a 52 week high of $43.52. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.41.

American Healthcare REIT (NYSE:AHR - Get Free Report) last posted its quarterly 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 company had revenue of $542.50 million during the quarter, compared to analysts' expectations 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 firm's revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.33 EPS. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. Equities research analysts predict that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current fiscal year.

American Healthcare REIT Dividend Announcement

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

About American Healthcare REIT

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.

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