American Healthcare REIT, Inc. (NYSE:AHR) Shares Sold by Moloney Securities Asset Management LLC

Moloney Securities Asset Management LLC lowered its stake in American Healthcare REIT, Inc. (NYSE:AHR) by 7.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 17,097 shares of the company’s stock after selling 1,312 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in American Healthcare REIT were worth $486,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of AHR. Apollon Wealth Management LLC lifted its holdings in shares of American Healthcare REIT by 40.9% in the 4th quarter. Apollon Wealth Management LLC now owns 22,128 shares of the company’s stock worth $629,000 after acquiring an additional 6,425 shares during the last quarter. Golden State Wealth Management LLC acquired a new position in American Healthcare REIT during the fourth quarter worth $353,000. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in American Healthcare REIT by 15.3% during the fourth quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 30,895 shares of the company’s stock worth $878,000 after purchasing an additional 4,090 shares in the last quarter. Strategic Financial Concepts LLC purchased a new position in shares of American Healthcare REIT during the fourth quarter worth $331,000. Finally, Rik Saylor Financial Inc. acquired a new stake in shares of American Healthcare REIT in the fourth quarter valued at $1,135,000. Hedge funds and other institutional investors own 16.68% of the company’s stock.

American Healthcare REIT Stock Performance

Shares of American Healthcare REIT stock opened at $28.48 on Tuesday. The business has a 50-day simple moving average of $28.34 and a 200-day simple moving average of $25.15. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37. American Healthcare REIT, Inc. has a one year low of $12.81 and a one year high of $29.99. The company has a market cap of $4.36 billion and a PE ratio of -59.34.

American Healthcare REIT (NYSE:AHR) last posted its quarterly earnings results 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 firm had revenue of $523.81 million for the quarter, compared to analyst estimates of $474.26 million. The company’s revenue was up 12.8% on a year-over-year basis. On average, equities research analysts forecast that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Tuesday, December 31st were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 3.51%. The ex-dividend date of this dividend was Tuesday, December 31st. American Healthcare REIT’s dividend payout ratio (DPR) is presently -208.33%.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Truist Financial increased their target price on American Healthcare REIT from $27.00 to $29.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Royal Bank of Canada increased their price target on shares of American Healthcare REIT from $28.00 to $30.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. Finally, Morgan Stanley lifted their price objective on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company an “overweight” rating in a report on Monday, December 30th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $26.00.

American Healthcare REIT Company 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.