Prime Capital Investment Advisors LLC Has $704,000 Stock Holdings in American Healthcare REIT, Inc. $AHR

Prime Capital Investment Advisors LLC lessened its holdings in American Healthcare REIT, Inc. (NYSE:AHR) by 23.6% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 19,161 shares of the company’s stock after selling 5,918 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in American Healthcare REIT were worth $704,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Stratos Wealth Partners LTD. raised its position in American Healthcare REIT by 57.9% in the first quarter. Stratos Wealth Partners LTD. now owns 16,070 shares of the company’s stock worth $487,000 after purchasing an additional 5,891 shares in the last quarter. GAMMA Investing LLC raised its position in American Healthcare REIT by 42.2% in the first quarter. GAMMA Investing LLC now owns 1,405 shares of the company’s stock worth $43,000 after purchasing an additional 417 shares in the last quarter. Kingswood Wealth Advisors LLC bought a new stake in American Healthcare REIT during the first quarter worth about $332,000. Sequoia Financial Advisors LLC bought a new stake in American Healthcare REIT during the first quarter worth about $476,000. Finally, Charles Schwab Investment Management Inc. grew its stake in American Healthcare REIT by 4.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 2,235,051 shares of the company’s stock worth $67,722,000 after buying an additional 89,926 shares during the last quarter. Institutional investors and hedge funds own 16.68% of the company’s stock.

Analyst Upgrades and Downgrades

AHR has been the topic of several research analyst reports. Royal Bank Of Canada upped their price objective on shares of American Healthcare REIT from $39.00 to $45.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 13th. Baird R W raised shares of American Healthcare REIT to a “strong-buy” rating in a research note on Thursday, July 17th. Morgan Stanley reaffirmed an “overweight” rating on shares of American Healthcare REIT in a research note on Wednesday, September 3rd. Scotiabank reissued an “outperform” rating on shares of American Healthcare REIT in a research note on Thursday, August 28th. Finally, Truist Financial increased their price target on shares of American Healthcare REIT from $44.00 to $46.00 and gave the company a “buy” rating in a research note on Tuesday, August 26th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of $44.11.

American Healthcare REIT Price Performance

Shares of AHR stock opened at $40.59 on Friday. American Healthcare REIT, Inc. has a 52-week low of $23.66 and a 52-week high of $43.52. The stock has a market cap of $6.84 billion, a PE ratio of -184.50, a PEG ratio of 2.06 and a beta of 0.98. 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 firm’s 50 day moving average price is $41.66 and its two-hundred day moving average price is $36.60.

American Healthcare REIT (NYSE:AHR) last posted its earnings results on Thursday, August 7th. The company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.40 by $0.02. The company had revenue of $542.50 million for the quarter, compared to analyst estimates of $539.49 million. American Healthcare REIT had a negative net margin of 1.56% and a negative return on equity of 1.43%. The business’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period last year, the business posted $0.33 earnings per share. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. As a group, analysts forecast that American Healthcare REIT, Inc. will post 1.41 EPS for the current year.

American Healthcare REIT Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Shareholders of record on Tuesday, September 30th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 2.5%. The ex-dividend date is Tuesday, September 30th. American Healthcare REIT’s payout ratio is presently -454.55%.

Insider Transactions at American Healthcare REIT

In other American Healthcare REIT news, EVP Mark E. Foster sold 3,850 shares of American Healthcare REIT stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $41.89, for a total value of $161,276.50. Following the sale, the executive vice president directly owned 59,100 shares in the company, valued at approximately $2,475,699. The trade was a 6.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.92% of the company’s stock.

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.