Arete Wealth Advisors LLC Lowers Stock Holdings 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 cut its holdings in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 84.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Royal Bank Of Canada lifted their price objective on American Healthcare REIT from $39.00 to $45.00 and gave the stock an "outperform" rating in a report on Wednesday, August 13th. Morgan Stanley reiterated an "overweight" rating on shares of American Healthcare REIT in a research report on Wednesday, September 3rd. JMP Securities increased their price objective on 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. Robert W. Baird assumed coverage on American Healthcare REIT in a report on Friday, July 18th. They issued an "outperform" rating and a $41.00 price objective on the stock. Finally, Baird R W raised shares of American Healthcare REIT to a "strong-buy" rating in a report on Thursday, July 17th. One analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the company. According to MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $41.89.

American Healthcare REIT Stock Down 1.1%

Shares of AHR opened at $42.70 on Friday. American Healthcare REIT, Inc. has a 52-week low of $22.64 and a 52-week high of $43.52. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 0.41. The stock has a fifty day simple moving average of $39.86 and a two-hundred day simple moving average of $34.91. The company has a market capitalization of $7.20 billion, a PE ratio of -194.09, a price-to-earnings-growth ratio of 2.22 and a beta of 1.09.

American Healthcare REIT (NYSE:AHR - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.42 earnings per share (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 firm 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 firm posted $0.33 earnings per share. American Healthcare REIT's quarterly revenue 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. As a group, equities analysts forecast that American Healthcare REIT, Inc. will post 1.41 EPS for the current year.

American Healthcare REIT Dividend Announcement

The company 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. The ex-dividend date of this dividend was Monday, June 30th. This represents a $1.00 annualized dividend and a dividend yield of 2.3%. American Healthcare REIT's dividend payout ratio is -454.55%.

Insider Buying and Selling

In other news, CIO Stefan K.L. Oh sold 3,860 shares of the firm'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 completion of the sale, the executive owned 95,671 shares in the company, valued at $3,453,723.10. This trade represents a 3.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Mark E. Foster sold 3,850 shares of the company's stock in a transaction that occurred on 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 transaction, the executive vice president owned 59,100 shares in the company, 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. 0.92% of the stock is owned by company insiders.

American Healthcare REIT 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.

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