Sigma Planning Corp Sells 9,083 Shares of American Healthcare REIT, Inc. (NYSE:AHR)

Sigma Planning Corp cut its position in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 27.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 24,190 shares of the company's stock after selling 9,083 shares during the quarter. Sigma Planning Corp's holdings in American Healthcare REIT were worth $733,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Stratos Wealth Partners LTD. grew its holdings in American Healthcare REIT by 57.9% in the 1st quarter. Stratos Wealth Partners LTD. now owns 16,070 shares of the company's stock valued at $487,000 after buying an additional 5,891 shares in the last quarter. GAMMA Investing LLC raised its position in shares of American Healthcare REIT by 42.2% during the 1st quarter. GAMMA Investing LLC now owns 1,405 shares of the company's stock worth $43,000 after acquiring an additional 417 shares in the last quarter. Kingswood Wealth Advisors LLC acquired a new position in American Healthcare REIT during the first quarter worth approximately $332,000. Sequoia Financial Advisors LLC acquired a new position in American Healthcare REIT during the first quarter worth approximately $476,000. Finally, Janney Montgomery Scott LLC grew its stake in shares of American Healthcare REIT by 25.7% in 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 during the last quarter. Hedge funds and other institutional investors own 16.68% of the company's stock.

Insider Buying and Selling

In other American Healthcare REIT news, CIO Stefan K.L. Oh sold 3,860 shares of American Healthcare REIT stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $36.10, for a total value of $139,346.00. Following the completion of the transaction, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.92% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Truist Financial lifted their price objective on American Healthcare REIT from $32.00 to $38.00 and gave the stock a "buy" rating in a report on Monday, June 9th. Morgan Stanley boosted 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. Scotiabank assumed coverage on American Healthcare REIT in a research report on Monday, June 30th. They issued a "sector outperform" rating and a $42.00 target price for the company. KeyCorp upped their target price on American Healthcare REIT from $34.00 to $40.00 and gave the stock an "overweight" rating in a research report on Wednesday, June 11th. Finally, Jefferies Financial Group assumed coverage on American Healthcare REIT in a report on Monday, April 28th. They issued a "buy" rating and a $37.00 price target for the company. Nine equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, American Healthcare REIT presently has an average rating of "Buy" and a consensus target price of $37.75.

American Healthcare REIT Stock Down 0.1%

Shares of AHR opened at $37.28 on Friday. The firm's 50 day moving average is $35.64 and its 200-day moving average is $31.49. The stock has a market capitalization of $5.95 billion, a PE ratio of -138.06, a P/E/G ratio of 2.10 and a beta of 1.09. The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 0.45. American Healthcare REIT, Inc. has a 12 month low of $14.79 and a 12 month high of $37.69.

American Healthcare REIT (NYSE:AHR - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $540.60 million for the quarter, compared to analyst estimates of $542.32 million. During the same quarter in the previous year, the business earned $0.30 earnings per share. American Healthcare REIT's revenue for the quarter was up 8.2% on a year-over-year basis. Equities research 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 will be paid on Friday, July 18th. Shareholders of record on Monday, June 30th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.68%. The ex-dividend date is Monday, June 30th. American Healthcare REIT's dividend payout ratio (DPR) is presently -370.37%.

American Healthcare REIT Company 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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