Trivium Point Advisory LLC Sells 10,295 Shares of American Healthcare REIT, Inc. $AHR

Key Points

• Trivium Point Advisory LLC reduced its stake in American Healthcare REIT by 27.9%, selling 10,295 shares, leaving it with a total of 26,653 shares worth approximately $808,000.
• American Healthcare REIT announced a quarterly dividend of $0.25, resulting in an annualized dividend of $1.00 and a yield of 2.5%, despite a negative dividend payout ratio.
• Equities analysts are optimistic, with multiple firms raising their price targets for American Healthcare REIT, culminating in an average target price of $40.44, reflecting a consensus "Buy" rating.

Trivium Point Advisory LLC decreased its holdings in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 27.9% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 26,653 shares of the company's stock after selling 10,295 shares during the quarter. Trivium Point Advisory LLC's holdings in American Healthcare REIT were worth $808,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. raised its position in American Healthcare REIT by 22.4% in the first quarter. Vanguard Group Inc. now owns 18,795,192 shares of the company's stock worth $569,494,000 after purchasing an additional 3,437,861 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of American Healthcare REIT by 1.1% in the 1st quarter. Principal Financial Group Inc. now owns 12,373,709 shares of the company's stock valued at $374,923,000 after purchasing an additional 134,822 shares during the period. Invesco Ltd. raised its holdings in shares of American Healthcare REIT by 1,543.1% in the 1st quarter. Invesco Ltd. now owns 5,022,455 shares of the company's stock worth $152,180,000 after buying an additional 4,716,792 shares in the last quarter. Deutsche Bank AG lifted its position in shares of American Healthcare REIT by 2.3% during the 4th quarter. Deutsche Bank AG now owns 4,310,788 shares of the company's stock worth $122,513,000 after buying an additional 94,925 shares during the period. Finally, Nuveen LLC bought a new position in shares of American Healthcare REIT during the 1st quarter worth approximately $68,097,000. 16.68% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AHR has been the topic of a number of analyst reports. Scotiabank initiated coverage on American Healthcare REIT in a research report on Monday, June 30th. They issued a "sector outperform" rating and a $42.00 price target on the stock. Jefferies Financial Group initiated coverage on shares of American Healthcare REIT in a research note on Monday, April 28th. They issued a "buy" rating and a $37.00 target price on the stock. Robert W. Baird initiated coverage on shares of American Healthcare REIT in a research report on Friday, July 18th. They set an "outperform" rating and a $41.00 target price for the company. Morgan Stanley lifted their price target on shares of American Healthcare REIT from $37.00 to $45.00 and gave the company an "overweight" rating in a report on Tuesday, May 20th. Finally, Truist Financial boosted their price target on shares of American Healthcare REIT from $38.00 to $44.00 and gave the company a "buy" rating in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating and ten have assigned a Buy rating to the stock. According to data from MarketBeat.com, American Healthcare REIT has a consensus rating of "Buy" and a consensus target price of $41.11.

Insider Buying and Selling at American Healthcare REIT

In other news, CIO Stefan K.L. Oh sold 3,860 shares of the company's stock in a transaction on Monday, June 30th. The stock was 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 $3,453,723.10. This represents a 3.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.92% of the stock is currently owned by insiders.

American Healthcare REIT Price Performance

Shares of NYSE AHR traded up $0.9050 during trading on Wednesday, reaching $41.7750. The company had a trading volume of 2,478,423 shares, compared to its average volume of 1,385,652. American Healthcare REIT, Inc. has a 52 week low of $19.47 and a 52 week high of $42.01. The stock has a market cap of $7.04 billion, a PE ratio of -189.89, a PEG ratio of 2.25 and a beta of 1.08. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.48 and a current ratio of 0.48. The business's 50 day moving average price is $37.77 and its 200-day moving average price is $33.33.

American Healthcare REIT (NYSE:AHR - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.40 by $0.02. The business had revenue of $542.50 million for the quarter, compared to analysts' expectations of $539.49 million. American Healthcare REIT had a negative net margin of 1.56% and a negative return on equity of 1.43%. American Healthcare REIT's revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.33 earnings per share. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. Analysts expect that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current year.

American Healthcare REIT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 18th. Stockholders of record on Monday, June 30th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Monday, June 30th. American Healthcare REIT's dividend payout ratio (DPR) is -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.