American Healthcare REIT, Inc. (NYSE:AHR) Shares Sold by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC cut its stake in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 21.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 128,596 shares of the company's stock after selling 35,819 shares during the period. OneDigital Investment Advisors LLC owned 0.08% of American Healthcare REIT worth $3,896,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the business. Wolff Wiese Magana LLC acquired a new position in shares of American Healthcare REIT in the 1st quarter valued at $25,000. MassMutual Private Wealth & Trust FSB boosted 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 worth $29,000 after purchasing an additional 633 shares during the last quarter. Spirit of America Management Corp NY acquired a new stake in American Healthcare REIT during the 1st quarter worth $30,000. Continuum Advisory LLC acquired a new stake in American Healthcare REIT during the 1st quarter worth $37,000. Finally, Tsfg LLC acquired a new position in shares of American Healthcare REIT during the 1st quarter valued at about $41,000. 16.68% of the stock is owned by hedge funds and other institutional investors.

American Healthcare REIT Stock Performance

Shares of AHR stock traded down $0.82 during trading hours on Tuesday, hitting $36.00. The stock had a trading volume of 449,153 shares, compared to its average volume of 1,886,716. The firm has a market capitalization of $5.74 billion, a PE ratio of -133.33, a PEG ratio of 2.08 and a beta of 1.09. American Healthcare REIT, Inc. has a twelve month low of $14.79 and a twelve month high of $37.53. The stock's 50 day moving average is $34.93 and its 200 day moving average is $31.07. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.38 and a quick ratio of 0.38.

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

American Healthcare REIT Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 18th. Stockholders of record on Monday, June 30th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.78%. The ex-dividend date of this dividend is Monday, June 30th. American Healthcare REIT's payout ratio is currently -370.37%.

Insider Buying and Selling at American Healthcare REIT

In related news, CIO Stefan K.L. Oh sold 3,860 shares of the stock in a transaction on Monday, June 30th. The stock was sold at an average price of $36.10, for a total transaction of $139,346.00. Following the completion of the sale, the executive directly owned 95,671 shares of the company's stock, valued at $3,453,723.10. This trade represents a 3.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 1.00% of the company's stock.

Analyst Ratings Changes

AHR has been the topic of a number of recent analyst reports. KeyCorp upped their target price on shares of American Healthcare REIT from $34.00 to $40.00 and gave the company an "overweight" rating in a research report on Wednesday, June 11th. Jefferies Financial Group began coverage on shares of American Healthcare REIT in a research note on Monday, April 28th. They set a "buy" rating and a $37.00 price target on the stock. Morgan Stanley boosted their price target on shares of American Healthcare REIT from $37.00 to $45.00 and gave the stock an "overweight" rating in a research note on Tuesday, May 20th. Truist Financial boosted their price target on shares of American Healthcare REIT from $32.00 to $38.00 and gave the stock a "buy" rating in a research note on Monday, June 9th. Finally, Royal Bank Of Canada restated an "outperform" rating and set a $34.00 target price on shares of American Healthcare REIT in a research note on Wednesday, March 19th. Nine analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $37.75.

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.