15,726 Shares in American Healthcare REIT, Inc. (NYSE:AHR) Acquired by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC purchased a new position in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 15,726 shares of the company's stock, valued at approximately $476,000.

Several other institutional investors also recently added to or reduced their stakes in AHR. Wolff Wiese Magana LLC purchased a new stake in American Healthcare REIT in the first quarter worth $25,000. MassMutual Private Wealth & Trust FSB grew its stake in shares of 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 acquiring an additional 633 shares during the period. Spirit of America Management Corp NY purchased a new stake in American Healthcare REIT in the 1st quarter worth about $30,000. Continuum Advisory LLC bought a new stake in American Healthcare REIT in the 1st quarter valued at about $37,000. Finally, GAMMA Investing LLC lifted its holdings in American Healthcare REIT by 42.2% during the first quarter. GAMMA Investing LLC now owns 1,405 shares of the company's stock valued at $43,000 after purchasing an additional 417 shares during the last quarter. Institutional investors own 16.68% of the company's stock.

Insider Activity at American Healthcare REIT

In other news, CIO Stefan K.L. Oh sold 3,860 shares of American Healthcare REIT stock in a transaction 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 directly owned 95,671 shares of the company's stock, valued at approximately $3,453,723.10. The trade was a 3.88% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.92% of the stock is owned by insiders.

American Healthcare REIT Price Performance

NYSE:AHR traded up $0.87 during trading hours on Thursday, hitting $37.23. 614,511 shares of the company's stock traded hands, compared to its average volume of 1,883,451. American Healthcare REIT, Inc. has a 52 week low of $14.79 and a 52 week high of $37.25. The business's fifty day simple moving average is $34.58 and its two-hundred day simple moving average is $30.83. The company has a quick ratio of 0.38, a current ratio of 0.38 and a debt-to-equity ratio of 0.45. The firm has a market cap of $5.94 billion, a P/E ratio of -137.87, a P/E/G ratio of 2.03 and a beta of 1.09.

American Healthcare REIT (NYSE:AHR - Get Free Report) last issued its quarterly 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. The firm 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 for the quarter was up 8.2% on a year-over-year basis. During the same quarter last year, the company posted $0.30 EPS. On average, research analysts anticipate that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current fiscal year.

American Healthcare REIT Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 18th. Shareholders of record on Monday, June 30th will be paid a $0.25 dividend. The ex-dividend date is Monday, June 30th. This represents a $1.00 dividend on an annualized basis and a yield of 2.69%. American Healthcare REIT's dividend payout ratio is presently -370.37%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the stock. KeyCorp lifted their target price on shares of American Healthcare REIT from $34.00 to $40.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 11th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $34.00 price objective on shares of American Healthcare REIT in a research note on Wednesday, March 19th. Morgan Stanley increased their target price on American Healthcare REIT from $37.00 to $45.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 20th. Scotiabank assumed coverage on American Healthcare REIT in a report on Monday. They issued a "sector outperform" rating and a $42.00 price target for the company. Finally, Jefferies Financial Group began coverage on American Healthcare REIT in a report on Monday, April 28th. They set a "buy" rating and a $37.00 price objective on the stock. Nine investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, American Healthcare REIT currently has an average rating of "Buy" and a consensus price target of $37.75.

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.