Atria Wealth Solutions Inc. Sells 8,120 Shares of American Healthcare REIT, Inc. $AHR

Atria Wealth Solutions Inc. lowered its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 35.7% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 14,646 shares of the company's stock after selling 8,120 shares during the period. Atria Wealth Solutions Inc.'s holdings in American Healthcare REIT were worth $542,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Stratos Wealth Partners LTD. grew its holdings in American Healthcare REIT by 57.9% during the first quarter. Stratos Wealth Partners LTD. now owns 16,070 shares of the company's stock worth $487,000 after purchasing an additional 5,891 shares during the period. GAMMA Investing LLC boosted its holdings in shares of American Healthcare REIT by 42.2% during the first quarter. GAMMA Investing LLC now owns 1,405 shares of the company's stock worth $43,000 after acquiring an additional 417 shares during the period. Kingswood Wealth Advisors LLC bought a new stake in shares of American Healthcare REIT during the first quarter worth approximately $332,000. Sequoia Financial Advisors LLC bought a new stake in shares of American Healthcare REIT during the first quarter worth approximately $476,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of American Healthcare REIT by 4.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 2,235,051 shares of the company's stock worth $67,722,000 after acquiring an additional 89,926 shares during the period. Institutional investors own 16.68% of the company's stock.

Insider Buying and Selling

In other American Healthcare REIT news, EVP Mark E. Foster sold 3,850 shares of the business'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 transaction of $161,276.50. Following the completion of the transaction, the executive vice president directly owned 59,100 shares in the company, valued at $2,475,699. The trade was a 6.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.00% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on AHR. Royal Bank Of Canada boosted 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. Citigroup restated an "outperform" rating on shares of American Healthcare REIT in a report on Friday. Robert W. Baird began coverage on American Healthcare REIT in a report on Friday, July 18th. They set an "outperform" rating and a $41.00 price objective for the company. Weiss Ratings restated a "hold (c)" rating on shares of American Healthcare REIT in a report on Wednesday, October 8th. Finally, UBS Group began coverage on American Healthcare REIT in a report on Friday, September 19th. They set a "buy" rating and a $51.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $45.00.

American Healthcare REIT Trading Up 2.0%

Shares of AHR stock opened at $43.34 on Monday. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.41. The stock has a market cap of $7.31 billion, a P/E ratio of -196.99, a price-to-earnings-growth ratio of 2.23 and a beta of 0.98. The stock has a 50 day simple moving average of $41.92 and a 200 day simple moving average of $37.18. American Healthcare REIT, Inc. has a 1 year low of $24.21 and a 1 year high of $43.52.

American Healthcare REIT (NYSE:AHR - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.02. The business 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 for the quarter was up 7.5% compared to the same quarter last year. During the same period in the previous 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, research analysts predict 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 was paid on Friday, October 17th. Shareholders of record on Tuesday, September 30th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.3%. The ex-dividend date was Tuesday, September 30th. American Healthcare REIT's payout ratio is currently -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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