Householder Group Estate & Retirement Specialist LLC Trims Stake in American Healthcare REIT, Inc. (NYSE:AHR)

Householder Group Estate & Retirement Specialist LLC decreased its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 35.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,207 shares of the company’s stock after selling 2,263 shares during the quarter. Householder Group Estate & Retirement Specialist LLC’s holdings in American Healthcare REIT were worth $119,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in AHR. GAMMA Investing LLC increased its position in American Healthcare REIT by 104.1% during the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock worth $28,000 after purchasing an additional 504 shares in the last quarter. Carolina Wealth Advisors LLC purchased a new stake in shares of American Healthcare REIT during the fourth quarter worth about $29,000. Wilmington Savings Fund Society FSB acquired a new position in shares of American Healthcare REIT in the third quarter valued at approximately $28,000. Kozak & Associates Inc. purchased a new position in shares of American Healthcare REIT during the third quarter valued at approximately $28,000. Finally, Quarry LP acquired a new stake in American Healthcare REIT during the third quarter worth approximately $33,000. 16.68% of the stock is owned by institutional investors and hedge funds.

American Healthcare REIT Stock Performance

NYSE:AHR opened at $27.87 on Friday. American Healthcare REIT, Inc. has a twelve month low of $12.63 and a twelve month high of $29.99. The firm has a market capitalization of $4.27 billion and a price-to-earnings ratio of -58.06. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.59. The firm’s fifty day simple moving average is $28.11 and its 200 day simple moving average is $23.68.

American Healthcare REIT (NYSE:AHR) last issued its earnings results on Tuesday, November 12th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.35). The company had revenue of $523.81 million during the quarter, compared to analysts’ expectations of $474.26 million. American Healthcare REIT had a negative return on equity of 1.87% and a negative net margin of 1.84%. The firm’s revenue for the quarter was up 12.8% compared to the same quarter last year. As a group, equities research analysts expect that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current fiscal year.

American Healthcare REIT Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Tuesday, December 31st were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.59%. The ex-dividend date of this dividend was Tuesday, December 31st. American Healthcare REIT’s payout ratio is -208.33%.

Analysts Set New Price Targets

AHR has been the topic of a number of recent analyst reports. JMP Securities increased their price target on American Healthcare REIT from $18.00 to $30.00 and gave the stock a “market outperform” rating in a research note on Friday, September 20th. Royal Bank of Canada raised their price target on American Healthcare REIT from $28.00 to $30.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Morgan Stanley upped their price objective on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company an “overweight” rating in a research note on Monday, December 30th. Truist Financial boosted their target price on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company a “buy” rating in a report on Friday, November 15th. Finally, Bank of America increased their price target on shares of American Healthcare REIT from $27.00 to $31.00 and gave the stock a “buy” rating in a research note on Tuesday, September 24th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $26.00.

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.