American Healthcare REIT, Inc. (NYSE:AHR) Holdings Trimmed by Chilton Capital Management LLC

Chilton Capital Management LLC reduced its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 10.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 264,301 shares of the company's stock after selling 32,481 shares during the quarter. Chilton Capital Management LLC owned 0.17% of American Healthcare REIT worth $8,067,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kingswood Wealth Advisors LLC acquired a new position in American Healthcare REIT in the 1st quarter worth $332,000. Sequoia Financial Advisors LLC acquired a new position in shares of American Healthcare REIT in the first quarter worth about $476,000. Bank of New York Mellon Corp boosted its holdings in American Healthcare REIT by 139.7% in the fourth quarter. Bank of New York Mellon Corp now owns 728,853 shares of the company's stock valued at $20,714,000 after purchasing an additional 424,773 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in American Healthcare REIT by 25.7% during the 1st quarter. Janney Montgomery Scott LLC now owns 17,493 shares of the company's stock valued at $530,000 after purchasing an additional 3,578 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in American Healthcare REIT by 12.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,145,125 shares of the company's stock worth $60,964,000 after purchasing an additional 237,139 shares during the last quarter. Hedge funds and other institutional investors own 16.68% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Truist Financial increased their target price on American Healthcare REIT from $32.00 to $38.00 and gave the company a "buy" rating in a research note on Monday, June 9th. Scotiabank began coverage on American Healthcare REIT in a research note on Monday, June 30th. They issued a "sector outperform" rating and a $42.00 price target for the company. Morgan Stanley upped their price target on American Healthcare REIT from $37.00 to $45.00 and gave the company an "overweight" rating in a research report on Tuesday, May 20th. 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 report on Wednesday, June 11th. Finally, Jefferies Financial Group initiated coverage on shares of American Healthcare REIT in a report on Monday, April 28th. They set a "buy" rating and a $37.00 target price on the stock. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $37.75.

American Healthcare REIT Stock Performance

Shares of AHR traded down $0.33 during midday trading on Monday, hitting $36.74. 1,419,070 shares of the stock traded hands, compared to its average volume of 1,892,324. The business's 50 day moving average price is $34.93 and its two-hundred day moving average price is $31.07. The firm has a market capitalization of $5.86 billion, a PE ratio of 25.22, a price-to-earnings-growth ratio of 2.08 and a beta of 1.09. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.38 and a current ratio of 0.38. American Healthcare REIT, Inc. has a 1-year low of $14.79 and a 1-year high of $37.52.

American Healthcare REIT (NYSE:AHR - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 firm had revenue of $540.60 million during the quarter, compared to analyst estimates of $542.32 million. During the same period in the previous year, the business posted $0.30 EPS. American Healthcare REIT's revenue was up 8.2% on a year-over-year basis. Equities research analysts predict that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 18th. Stockholders of record on Monday, June 30th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.72%. The ex-dividend date of this dividend is Monday, June 30th. American Healthcare REIT's dividend payout ratio (DPR) is -370.37%.

Insider Buying and Selling at American Healthcare REIT

In other American Healthcare REIT news, CIO Stefan K.L. Oh sold 3,860 shares of the firm's 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 transaction, the executive owned 95,671 shares of the company's stock, valued at approximately $3,453,723.10. This trade represents a 3.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.00% of the stock is currently owned by corporate 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.