Householder Group Estate & Retirement Specialist LLC Reduces Holdings in American Healthcare REIT, Inc. (NYSE:AHR)

Householder Group Estate & Retirement Specialist LLC cut its stake in American Healthcare REIT, Inc. (NYSE:AHR) by 35.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,207 shares of the company’s stock after selling 2,263 shares during the period. Householder Group Estate & Retirement Specialist LLC’s holdings in American Healthcare REIT were worth $119,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. GAMMA Investing LLC lifted its holdings in shares of American Healthcare REIT by 104.1% in the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock valued at $28,000 after purchasing an additional 504 shares during the last quarter. Carolina Wealth Advisors LLC acquired a new stake in shares of American Healthcare REIT in the fourth quarter valued at approximately $29,000. Wilmington Savings Fund Society FSB purchased a new position in shares of American Healthcare REIT during the third quarter worth approximately $28,000. Kozak & Associates Inc. acquired a new position in shares of American Healthcare REIT in the 3rd quarter valued at $28,000. Finally, Quarry LP acquired a new stake in American Healthcare REIT during the 3rd quarter worth $33,000. Institutional investors and hedge funds own 16.68% of the company’s stock.

American Healthcare REIT Trading Down 2.9 %

Shares of AHR opened at $27.87 on Friday. American Healthcare REIT, Inc. has a twelve month low of $12.63 and a twelve month high of $29.99. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.59. The firm has a market capitalization of $4.27 billion and a P/E ratio of -58.06. The firm’s 50-day moving average is $28.11 and its two-hundred day moving average is $23.68.

American Healthcare REIT (NYSE:AHR) last released its quarterly earnings data on Tuesday, November 12th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.35). The firm had revenue of $523.81 million during the quarter, compared to analysts’ expectations of $474.26 million. American Healthcare REIT had a negative net margin of 1.84% and a negative return on equity of 1.87%. The firm’s quarterly revenue was up 12.8% on a year-over-year basis. On average, research analysts predict that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current fiscal year.

American Healthcare REIT Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Tuesday, December 31st were given a $0.25 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.00 annualized dividend and a dividend yield of 3.59%. American Healthcare REIT’s dividend payout ratio is presently -208.33%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on AHR. Colliers Securities upgraded shares of American Healthcare REIT from a “hold” rating to a “moderate buy” rating in a research note on Sunday, October 13th. JMP Securities upped their price objective on American Healthcare REIT from $18.00 to $30.00 and gave the company a “market outperform” rating in a research note on Friday, September 20th. Truist Financial lifted their target price on American Healthcare REIT from $27.00 to $29.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Royal Bank of Canada upped their price target on American Healthcare REIT from $28.00 to $30.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Finally, Bank of America lifted their price objective on shares of American Healthcare REIT from $27.00 to $31.00 and gave the company a “buy” rating in a research report on Tuesday, September 24th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, American Healthcare REIT has an average rating of “Moderate Buy” and an average target price of $26.00.

About American Healthcare REIT

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.