Vontobel Holding Ltd. Trims Holdings in American Healthcare REIT, Inc. $AHR

Vontobel Holding Ltd. reduced its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 4.5% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 9,147 shares of the company’s stock after selling 436 shares during the period. Vontobel Holding Ltd.’s holdings in American Healthcare REIT were worth $336,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake in shares of American Healthcare REIT by 22.4% during the 1st quarter. Vanguard Group Inc. now owns 18,795,192 shares of the company’s stock valued at $569,494,000 after buying an additional 3,437,861 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of American Healthcare REIT by 1.1% during the 1st quarter. Principal Financial Group Inc. now owns 12,373,709 shares of the company’s stock valued at $374,923,000 after buying an additional 134,822 shares during the last quarter. Invesco Ltd. boosted its stake in shares of American Healthcare REIT by 1,543.1% during the 1st quarter. Invesco Ltd. now owns 5,022,455 shares of the company’s stock valued at $152,180,000 after buying an additional 4,716,792 shares during the last quarter. Alliancebernstein L.P. boosted its stake in shares of American Healthcare REIT by 350.7% during the 1st quarter. Alliancebernstein L.P. now owns 4,559,365 shares of the company’s stock valued at $138,149,000 after buying an additional 3,547,635 shares during the last quarter. Finally, Nuveen LLC purchased a new position in shares of American Healthcare REIT during the 1st quarter valued at approximately $68,097,000. 16.68% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. JMP Securities raised their price objective on American Healthcare REIT from $40.00 to $45.00 and gave the stock a “market outperform” rating in a research note on Monday, August 11th. Robert W. Baird assumed coverage on American Healthcare REIT in a research note on Friday, July 18th. They set an “outperform” rating and a $41.00 price objective on the stock. Baird R W upgraded American Healthcare REIT to a “strong-buy” rating in a research note on Thursday, July 17th. Truist Financial raised their price objective on American Healthcare REIT from $44.00 to $46.00 and gave the stock a “buy” rating in a research note on Tuesday, August 26th. Finally, UBS Group assumed coverage on American Healthcare REIT in a research note on Friday, September 19th. They set a “buy” rating and a $51.00 price objective on the stock. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $44.44.

American Healthcare REIT Price Performance

Shares of NYSE AHR opened at $41.49 on Wednesday. American Healthcare REIT, Inc. has a 1-year low of $24.21 and a 1-year high of $43.52. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.48 and a quick ratio of 0.48. The business’s fifty day moving average price is $41.75 and its two-hundred day moving average price is $36.88. The firm has a market capitalization of $6.99 billion, a PE ratio of -188.61, a P/E/G ratio of 2.12 and a beta of 0.98.

American Healthcare REIT (NYSE:AHR) last issued its earnings results on Thursday, August 7th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.02. The firm had revenue of $542.50 million for the quarter, compared to analyst estimates of $539.49 million. American Healthcare REIT had a negative return on equity of 1.43% and a negative net margin of 1.56%.The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period last year, the company earned $0.33 earnings per share. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. On average, research analysts expect that American Healthcare REIT, Inc. will post 1.41 EPS for the current year.

American Healthcare REIT Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Stockholders of record on Tuesday, September 30th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Tuesday, September 30th. American Healthcare REIT’s dividend payout ratio (DPR) is -454.55%.

Insider Activity at American Healthcare REIT

In other news, EVP Mark E. Foster sold 3,850 shares of the firm’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $41.89, for a total transaction of $161,276.50. Following the transaction, the executive vice president directly owned 59,100 shares of the company’s stock, valued at approximately $2,475,699. This trade represents a 6.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.00% of the company’s stock.

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.