Silicon Valley Capital Partners Reduces Position in American Healthcare REIT, Inc. (NYSE:AHR)

Silicon Valley Capital Partners lessened its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 27.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,331 shares of the company’s stock after selling 1,995 shares during the quarter. Silicon Valley Capital Partners’ holdings in American Healthcare REIT were worth $152,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Kozak & Associates Inc. purchased a new stake in American Healthcare REIT in the third quarter worth $28,000. Wilmington Savings Fund Society FSB purchased a new stake in American Healthcare REIT in the third quarter worth $28,000. GAMMA Investing LLC lifted its stake in 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 acquiring an additional 504 shares during the period. Carolina Wealth Advisors LLC purchased a new stake in American Healthcare REIT in the fourth quarter worth $29,000. Finally, Quarry LP purchased a new stake in American Healthcare REIT in the third quarter worth $33,000. Hedge funds and other institutional investors own 16.68% of the company’s stock.

Analyst Ratings Changes

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

American Healthcare REIT Price Performance

Shares of NYSE:AHR opened at $29.30 on Monday. American Healthcare REIT, Inc. has a 1-year low of $12.81 and a 1-year high of $29.99. The business has a fifty day moving average price of $28.34 and a 200-day moving average price of $25.09. The company has a market capitalization of $4.48 billion and a PE ratio of -61.04. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37.

American Healthcare REIT (NYSE:AHR) last released its quarterly earnings data on Tuesday, November 12th. The company reported ($0.03) 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 business had revenue of $523.81 million during the quarter, compared to the consensus estimate of $474.26 million. The company’s revenue for the quarter was up 12.8% on a year-over-year basis. As a group, equities analysts expect that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st were given a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.00 annualized dividend and a yield of 3.41%. 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.