Cwm LLC Has $5.50 Million Stake in American Healthcare REIT, Inc. (NYSE:AHR)

CWM LLC cut its position in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 14.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 181,525 shares of the company's stock after selling 31,668 shares during the quarter. CWM LLC owned about 0.12% of American Healthcare REIT worth $5,500,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the company. Wolff Wiese Magana LLC bought a new position in American Healthcare REIT in the 1st quarter worth $25,000. MassMutual Private Wealth & Trust FSB raised its stake in American Healthcare REIT by 189.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 968 shares of the company's stock valued at $29,000 after buying an additional 633 shares during the last quarter. Spirit of America Management Corp NY purchased a new position in American Healthcare REIT in the first quarter worth about $30,000. Continuum Advisory LLC purchased a new stake in American Healthcare REIT during the first quarter valued at approximately $37,000. Finally, Tsfg LLC bought a new stake in American Healthcare REIT during the first quarter valued at about $41,000. 16.68% of the stock is owned by institutional investors.

American Healthcare REIT Stock Performance

Shares of AHR traded up $0.56 during mid-day trading on Friday, hitting $37.82. The stock had a trading volume of 953,708 shares, compared to its average volume of 1,901,960. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.45. The company has a market cap of $6.03 billion, a PE ratio of -140.07, a PEG ratio of 2.13 and a beta of 1.09. American Healthcare REIT, Inc. has a fifty-two week low of $14.79 and a fifty-two week high of $38.12. The company's fifty day simple moving average is $35.70 and its two-hundred day simple moving average is $31.58.

American Healthcare REIT (NYSE:AHR - Get Free Report) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.01. American Healthcare REIT had a negative net margin of 1.96% and a negative return on equity of 1.85%. The company had revenue of $540.60 million during the quarter, compared to the consensus estimate of $542.32 million. During the same quarter in the previous year, the company posted $0.30 earnings per share. The company's revenue for the quarter was up 8.2% compared to the same quarter last year. On average, equities analysts expect that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current year.

American Healthcare REIT Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 18th. Stockholders of record on Monday, June 30th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.64%. The ex-dividend date was Monday, June 30th. American Healthcare REIT's dividend payout ratio is currently -370.37%.

Insider Activity

In other news, CIO Stefan K.L. Oh sold 3,860 shares of the business's stock in a transaction that occurred on 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 owned 95,671 shares in the company, valued at $3,453,723.10. The trade was a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.92% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. KeyCorp lifted their price objective on shares of American Healthcare REIT from $34.00 to $40.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 11th. Truist Financial lifted their price target on shares of American Healthcare REIT from $32.00 to $38.00 and gave the company a "buy" rating in a research note on Monday, June 9th. Baird R W raised American Healthcare REIT to a "strong-buy" rating in a research note on Thursday. Scotiabank initiated coverage on American Healthcare REIT in a research report on Monday, June 30th. They set a "sector outperform" rating and a $42.00 target price for the company. Finally, Robert W. Baird began coverage on American Healthcare REIT in a report on Friday. They issued an "outperform" rating and a $41.00 target price for the company. Ten research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, American Healthcare REIT presently has an average rating of "Buy" and a consensus price target of $38.11.

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.