Pure Financial Advisors LLC Sells 415 Shares of American Healthcare REIT, Inc. $AHR

Pure Financial Advisors LLC reduced its stake in American Healthcare REIT, Inc. (NYSE:AHR) by 4.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 8,830 shares of the company’s stock after selling 415 shares during the quarter. Pure Financial Advisors LLC’s holdings in American Healthcare REIT were worth $324,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of AHR. Wolff Wiese Magana LLC bought a new position in American Healthcare REIT in the 1st quarter worth $25,000. Spirit of America Management Corp NY bought a new position in American Healthcare REIT in the 1st quarter worth $30,000. Physician Wealth Advisors Inc. bought a new position in American Healthcare REIT in the 2nd quarter worth $34,000. Avalon Trust Co bought a new position in American Healthcare REIT in the 1st quarter worth $36,000. Finally, Continuum Advisory LLC bought a new position in American Healthcare REIT in the 1st quarter worth $37,000. 16.68% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Truist Financial raised their target price on American Healthcare REIT from $44.00 to $46.00 and gave the stock a “buy” rating in a report on Tuesday, August 26th. Morgan Stanley reissued an “overweight” rating on shares of American Healthcare REIT in a report on Wednesday, September 3rd. Robert W. Baird started coverage on American Healthcare REIT in a report on Friday, July 18th. They set an “outperform” rating and a $41.00 price target on the stock. JMP Securities raised their price target on American Healthcare REIT from $40.00 to $45.00 and gave the company a “market outperform” rating in a report on Monday, August 11th. Finally, KeyCorp raised their price target on American Healthcare REIT from $34.00 to $40.00 and gave the company an “overweight” rating in a report on Wednesday, June 11th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $44.11.

Insider Buying and Selling

In related news, EVP Mark E. Foster sold 3,850 shares of American Healthcare REIT stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $41.89, for a total value 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 trade represents a 6.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.92% of the company’s stock.

American Healthcare REIT Trading Down 1.1%

Shares of American Healthcare REIT stock opened at $40.89 on Friday. The firm has a market cap of $6.89 billion, a price-to-earnings ratio of -185.84, a PEG ratio of 2.12 and a beta of 0.98. The business has a 50-day moving average price of $41.43 and a 200-day moving average price of $36.31. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 0.41. American Healthcare REIT, Inc. has a twelve month low of $23.66 and a twelve month high of $43.52.

American Healthcare REIT (NYSE:AHR) last issued its quarterly earnings data on Thursday, August 7th. The company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. The firm had revenue of $542.50 million during the quarter, compared to analyst estimates of $539.49 million. American Healthcare REIT had a negative return on equity of 1.43% and a negative net margin of 1.56%.The business’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter 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. Equities research analysts anticipate that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 17th. Investors of record on Tuesday, September 30th will be given a $0.25 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $1.00 annualized dividend and a yield of 2.4%. American Healthcare REIT’s dividend payout ratio (DPR) is currently -454.55%.

American Healthcare REIT Company 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.