American Healthcare REIT, Inc. (NYSE:AHR) Shares Sold by Strategic Blueprint LLC

Strategic Blueprint LLC cut its stake in American Healthcare REIT, Inc. (NYSE:AHR) by 14.9% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,622 shares of the company’s stock after selling 3,794 shares during the period. Strategic Blueprint LLC’s holdings in American Healthcare REIT were worth $615,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. GAMMA Investing LLC raised its holdings in shares of American Healthcare REIT by 104.1% in the fourth quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock worth $28,000 after buying an additional 504 shares during the last quarter. Carolina Wealth Advisors LLC purchased a new position in American Healthcare REIT in the 4th quarter worth $29,000. Wilmington Savings Fund Society FSB acquired a new stake in American Healthcare REIT during the 3rd quarter worth about $28,000. Kozak & Associates Inc. purchased a new stake in American Healthcare REIT during the 3rd quarter valued at about $28,000. Finally, Quarry LP acquired a new position in shares of American Healthcare REIT in the third quarter valued at about $33,000. Hedge funds and other institutional investors own 16.68% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on AHR. Colliers Securities raised American Healthcare REIT from a “hold” rating to a “moderate buy” rating in a report on Sunday, October 13th. Royal Bank of Canada lifted their price objective on shares of American Healthcare REIT from $28.00 to $30.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Truist Financial increased their price objective on shares of American Healthcare REIT from $27.00 to $29.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Finally, Morgan Stanley boosted their target price on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company an “overweight” rating in a research report on Monday, December 30th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $26.00.

American Healthcare REIT Stock Performance

Shares of NYSE AHR opened at $28.28 on Friday. The company has a market capitalization of $4.33 billion and a PE ratio of -58.91. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37. The company’s fifty day moving average price is $28.38 and its 200 day moving average price is $24.59. American Healthcare REIT, Inc. has a 1 year low of $12.63 and a 1 year high of $29.99.

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

American Healthcare REIT Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 3.54%. The ex-dividend date of this dividend was Tuesday, December 31st. American Healthcare REIT’s payout ratio is -208.33%.

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.