Arete Wealth Advisors LLC Reduces Stock Position in American Healthcare REIT, Inc. $AHR

Key Points

• Arete Wealth Advisors LLC significantly reduced its holdings in American Healthcare REIT, Inc. by 84.0%, leaving them with 9,210 shares valued at $279,000.
• Multiple large investors have altered their positions in AHR, with MassMutual Private Wealth & Trust FSB increasing their stake by 189.0% during the same quarter.
• American Healthcare REIT's quarterly earnings were reported at $0.42 EPS, exceeding analysts' expectations, while the company also declared a quarterly dividend of $0.25, resulting in an annual yield of 2.3%.

Arete Wealth Advisors LLC lessened its position in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 84.0% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,210 shares of the company's stock after selling 48,195 shares during the quarter. Arete Wealth Advisors LLC's holdings in American Healthcare REIT were worth $279,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in AHR. Ameriprise Financial Inc. raised its position in shares of American Healthcare REIT by 26.9% during the 4th quarter. Ameriprise Financial Inc. now owns 95,974 shares of the company's stock valued at $2,728,000 after buying an additional 20,366 shares during the period. BNP Paribas Financial Markets raised its position in American Healthcare REIT by 480.5% in the fourth quarter. BNP Paribas Financial Markets now owns 98,883 shares of the company's stock valued at $2,810,000 after purchasing an additional 81,848 shares during the period. Bank of America Corp DE raised its position in American Healthcare REIT by 11.7% in the fourth quarter. Bank of America Corp DE now owns 1,078,050 shares of the company's stock valued at $30,638,000 after purchasing an additional 113,006 shares during the period. EP Wealth Advisors LLC purchased a new stake in American Healthcare REIT in the fourth quarter valued at approximately $206,000. Finally, Janus Henderson Group PLC raised its position in American Healthcare REIT by 36.6% in the fourth quarter. Janus Henderson Group PLC now owns 128,545 shares of the company's stock valued at $3,653,000 after purchasing an additional 34,433 shares during the period. Hedge funds and other institutional investors own 16.68% of the company's stock.

Insider Activity

In related news, CIO Stefan K.L. Oh sold 3,860 shares of the 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 completion of the transaction, the executive directly owned 95,671 shares of the company's stock, valued at $3,453,723.10. This represents a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, 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 transaction of $161,276.50. Following the transaction, the executive vice president directly owned 59,100 shares of the company's stock, valued at $2,475,699. This represents a 6.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.00% of the company's stock.

American Healthcare REIT Stock Performance

Shares of AHR traded up $0.08 during mid-day trading on Wednesday, hitting $42.37. 179,407 shares of the company's stock were exchanged, compared to its average volume of 1,615,972. American Healthcare REIT, Inc. has a fifty-two week low of $23.66 and a fifty-two week high of $43.52. The firm has a market capitalization of $7.14 billion, a P/E ratio of -192.66, a P/E/G ratio of 2.20 and a beta of 1.09. The business's 50 day moving average is $40.22 and its two-hundred day moving average is $35.22. 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.02. The firm had revenue of $542.50 million during the quarter, compared to analysts' expectations of $539.49 million. American Healthcare REIT had a negative net margin of 1.56% and a negative return on equity of 1.43%. The firm's revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.33 earnings per share. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. On average, equities analysts expect that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current year.

American Healthcare REIT Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, July 18th. Investors of record on Monday, June 30th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.4%. 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

A number of analysts have issued reports on the company. Baird R W raised American Healthcare REIT to a "strong-buy" rating in a research report on Thursday, July 17th. Robert W. Baird initiated coverage on shares of American Healthcare REIT in a research note on Friday, July 18th. They issued 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 research note on Thursday, August 28th. Truist Financial upped their price objective on shares of American Healthcare REIT from $44.00 to $46.00 and gave the company a "buy" rating in a research note on Tuesday, August 26th. Finally, JMP Securities upped their price objective on shares of 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. One equities research analyst has rated the stock with a Strong Buy rating and ten have given a Buy rating to the company. According to data from MarketBeat, American Healthcare REIT currently has a consensus rating of "Buy" and a consensus price target of $41.89.

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.