Cosner Financial Group LLC Sells 2,753 Shares of American Healthcare REIT, Inc. $AHR

Cosner Financial Group LLC cut its stake in American Healthcare REIT, Inc. (NYSE:AHR) by 5.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 47,900 shares of the company’s stock after selling 2,753 shares during the period. American Healthcare REIT accounts for about 1.0% of Cosner Financial Group LLC’s investment portfolio, making the stock its 17th biggest position. Cosner Financial Group LLC’s holdings in American Healthcare REIT were worth $1,760,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Physician Wealth Advisors Inc. bought a new stake in shares of American Healthcare REIT during the second quarter worth approximately $34,000. Avalon Trust Co bought a new stake in American Healthcare REIT in the first quarter valued at approximately $36,000. Tsfg LLC bought a new stake in American Healthcare REIT in the first quarter valued at approximately $41,000. GAMMA Investing LLC increased its stake in American Healthcare REIT by 42.2% in the first quarter. GAMMA Investing LLC now owns 1,405 shares of the company’s stock valued at $43,000 after purchasing an additional 417 shares in the last quarter. Finally, Meeder Asset Management Inc. bought a new stake in American Healthcare REIT in the first quarter valued at approximately $97,000. 16.68% of the stock is owned by institutional investors.

American Healthcare REIT Stock Performance

Shares of AHR opened at $44.28 on Friday. American Healthcare REIT, Inc. has a 12 month low of $24.21 and a 12 month high of $44.59. The firm has a fifty day simple moving average of $42.19 and a 200 day simple moving average of $37.65. The stock has a market capitalization of $7.46 billion, a price-to-earnings ratio of -201.25, a PEG ratio of 2.21 and a beta of 0.98. The company has a current ratio of 0.48, a quick ratio of 0.48 and a debt-to-equity ratio of 0.41.

American Healthcare REIT (NYSE:AHR) last announced its earnings results on Thursday, August 7th. The company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.40 by $0.02. American Healthcare REIT had a negative net margin of 1.56% and a negative return on equity of 1.43%. The business had revenue of $542.50 million during the quarter, compared to analysts’ expectations of $539.49 million. During the same quarter in the prior year, the company posted $0.33 earnings per share. The firm’s revenue was up 7.5% on a year-over-year basis. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. 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, October 17th. Investors of record on Tuesday, September 30th were issued a dividend of $0.25 per share. The ex-dividend date was Tuesday, September 30th. This represents a $1.00 annualized dividend and a yield of 2.3%. American Healthcare REIT’s dividend payout ratio is presently -454.55%.

Insider Buying and Selling

In related news, EVP Mark E. Foster sold 3,850 shares of the stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $41.89, for a total transaction of $161,276.50. Following the completion of the transaction, the executive vice president owned 59,100 shares in the company, valued at approximately $2,475,699. This represents a 6.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.92% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Royal Bank Of Canada upped their price target on shares of American Healthcare REIT from $39.00 to $45.00 and gave the company an “outperform” rating in a report on Wednesday, August 13th. KeyCorp upped their price target on shares of American Healthcare REIT from $40.00 to $43.00 and gave the company an “overweight” rating in a report on Tuesday, October 14th. Zacks Research upgraded shares of American Healthcare REIT from a “hold” rating to a “strong-buy” rating in a report on Friday, October 17th. JMP Securities upped their price target on shares of American Healthcare REIT from $45.00 to $50.00 and gave the company a “market outperform” rating in a report on Friday, October 17th. Finally, Baird R W upgraded shares of American Healthcare REIT to a “strong-buy” rating in a report on Thursday, July 17th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of $45.00.

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.