American Healthcare REIT, Inc. $AHR Position Cut by WPG Advisers LLC

WPG Advisers LLC lowered its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 71.5% during the 3rd quarter, Holdings Channel reports. The fund owned 24,573 shares of the company’s stock after selling 61,573 shares during the period. American Healthcare REIT makes up approximately 0.8% of WPG Advisers LLC’s portfolio, making the stock its 20th largest holding. WPG Advisers LLC’s holdings in American Healthcare REIT were worth $1,032,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC increased its holdings in shares of American Healthcare REIT by 61.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 47,359 shares of the company’s stock valued at $1,944,000 after purchasing an additional 18,059 shares during the period. Beacon Financial Advisory LLC lifted its holdings in American Healthcare REIT by 72.5% in the third quarter. Beacon Financial Advisory LLC now owns 10,788 shares of the company’s stock worth $453,000 after purchasing an additional 4,534 shares during the period. Sequoia Financial Advisors LLC grew its position in American Healthcare REIT by 3.1% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 16,273 shares of the company’s stock valued at $684,000 after buying an additional 490 shares in the last quarter. Octavia Wealth Advisors LLC acquired a new position in American Healthcare REIT during the 3rd quarter valued at about $386,000. Finally, MGO One Seven LLC acquired a new position in American Healthcare REIT during the 3rd quarter valued at about $234,000. Institutional investors and hedge funds own 16.68% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Scotiabank increased their price objective on shares of American Healthcare REIT from $47.00 to $55.00 and gave the company a “sector outperform” rating in a report on Thursday, November 13th. Jefferies Financial Group restated a “buy” rating on shares of American Healthcare REIT in a research report on Monday, December 15th. Zacks Research cut American Healthcare REIT from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 1st. Weiss Ratings reissued a “hold (c)” rating on shares of American Healthcare REIT in a research note on Wednesday, October 8th. Finally, Citizens Jmp upped their price objective on American Healthcare REIT from $50.00 to $60.00 and gave the company a “market outperform” rating in a report on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $51.64.

American Healthcare REIT Stock Performance

Shares of NYSE AHR opened at $48.06 on Monday. The stock’s fifty day simple moving average is $48.41 and its 200 day simple moving average is $43.77. The stock has a market capitalization of $8.50 billion, a price-to-earnings ratio of 343.29, a PEG ratio of 1.82 and a beta of 1.02. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 0.37. American Healthcare REIT, Inc. has a 52-week low of $26.48 and a 52-week high of $51.01.

American Healthcare REIT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 16th. Shareholders of record on Wednesday, December 31st were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.1%. The ex-dividend date was Wednesday, December 31st. American Healthcare REIT’s payout ratio is presently 714.29%.

Insider Transactions at American Healthcare REIT

In other American Healthcare REIT news, EVP Mark E. Foster sold 1,500 shares of the firm’s stock in a transaction dated Tuesday, November 11th. The shares were sold at an average price of $49.35, for a total value of $74,025.00. Following the completion of the transaction, the executive vice president directly owned 57,600 shares in the company, valued at $2,842,560. This trade represents a 2.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Jeffrey T. Hanson sold 19,208 shares of American Healthcare REIT stock in a transaction that occurred on Tuesday, December 23rd. The stock was sold at an average price of $48.40, for a total transaction of $929,667.20. The disclosure for this sale is available in the SEC filing. Insiders have sold 76,288 shares of company stock valued at $3,718,666 over the last ninety days. Insiders own 0.92% of the company’s stock.

American Healthcare REIT Profile

American Healthcare REIT, Inc (NYSE: AHR) was a publicly traded real estate investment trust focused on acquiring, owning and managing healthcare‐related properties across the United States. The company’s portfolio spanned senior housing communities, skilled nursing facilities, medical office buildings and outpatient care centers, all operated under long‐term net lease or triple‐net lease structures designed to provide stable, predictable rental income.

Employing a strategy of partnering with established healthcare operators, American Healthcare REIT targeted properties in both major metropolitan areas and high‐growth secondary markets to capitalize on demographic trends such as an aging population and increased demand for outpatient services.