World Investment Advisors Decreases Stock Holdings in American Healthcare REIT, Inc. $AHR

World Investment Advisors reduced its position in American Healthcare REIT, Inc. (NYSE:AHR) by 7.1% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 31,334 shares of the company’s stock after selling 2,384 shares during the period. World Investment Advisors’ holdings in American Healthcare REIT were worth $1,151,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. raised its stake in shares of American Healthcare REIT by 22.4% in the first 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 period. Invesco Ltd. raised its stake in shares of American Healthcare REIT by 1,543.1% in the first 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 period. Alliancebernstein L.P. raised its stake in shares of American Healthcare REIT by 350.7% in the first 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 period. Nuveen LLC bought a new stake in shares of American Healthcare REIT in the first quarter valued at $68,097,000. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of American Healthcare REIT by 4.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 2,235,051 shares of the company’s stock valued at $67,722,000 after buying an additional 89,926 shares during the period. 16.68% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, EVP Mark E. Foster sold 3,850 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The stock was 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 directly owned 59,100 shares in the company, valued at $2,475,699. The trade was a 6.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.92% of the stock is currently owned by insiders.

American Healthcare REIT Price Performance

Shares of NYSE AHR opened at $45.40 on Friday. The stock has a market cap of $7.65 billion, a PE ratio of -206.34, a price-to-earnings-growth ratio of 2.26 and a beta of 0.98. American Healthcare REIT, Inc. has a fifty-two week low of $24.21 and a fifty-two week high of $45.87. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.48 and a current ratio of 0.48. The stock has a fifty day moving average of $42.50 and a 200-day moving average of $38.25.

American Healthcare REIT (NYSE:AHR) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.02. American Healthcare REIT had a negative return on equity of 1.43% and a negative net margin of 1.56%.The company had revenue of $542.50 million during the quarter, compared to analysts’ expectations of $539.49 million. During the same period in the previous year, the business earned $0.33 earnings per share. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. Equities research analysts anticipate 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, October 17th. Investors of record on Tuesday, September 30th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.2%. The ex-dividend date was Tuesday, September 30th. American Healthcare REIT’s payout ratio is presently -454.55%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. JMP Securities boosted their target price on American Healthcare REIT from $45.00 to $50.00 and gave the company a “market outperform” rating in a research note on Friday, October 17th. Morgan Stanley restated an “overweight” rating on shares of American Healthcare REIT in a research note on Wednesday, September 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of American Healthcare REIT in a research report on Wednesday, October 8th. Truist Financial lifted their price target on American Healthcare REIT from $44.00 to $46.00 and gave the company a “buy” rating in a research report on Tuesday, August 26th. Finally, Royal Bank Of Canada lifted their price target on American Healthcare REIT from $39.00 to $45.00 and gave the company an “outperform” rating in a research report on Wednesday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average 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.