Lion Street Advisors LLC Sells 1,853 Shares of American Healthcare REIT, Inc. (NYSE:AHR)

Lion Street Advisors LLC lessened its stake in American Healthcare REIT, Inc. (NYSE:AHR) by 18.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,332 shares of the company’s stock after selling 1,853 shares during the quarter. Lion Street Advisors LLC’s holdings in American Healthcare REIT were worth $237,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on AHR shares. Royal Bank of Canada raised their price target on shares of American Healthcare REIT from $28.00 to $30.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Truist Financial raised their target price on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Morgan Stanley increased their price objective on shares of American Healthcare REIT from $27.00 to $29.00 and gave the stock an “overweight” rating in a research note on Monday, December 30th. Finally, Colliers Securities upgraded American Healthcare REIT from a “hold” rating to a “moderate buy” rating in a report on Sunday, October 13th. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $26.00.

American Healthcare REIT Stock Up 2.4 %

American Healthcare REIT stock opened at $29.30 on Thursday. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37. The company’s 50-day moving average is $28.35 and its 200-day moving average is $24.91. The firm has a market capitalization of $4.48 billion and a PE ratio of -61.05. American Healthcare REIT, Inc. has a fifty-two week low of $12.63 and a fifty-two week high of $29.99.

American Healthcare REIT (NYSE:AHR) last announced its quarterly earnings results on Tuesday, November 12th. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.35). American Healthcare REIT had a negative return on equity of 1.87% and a negative net margin of 1.84%. The business had revenue of $523.81 million for the quarter, compared to analyst estimates of $474.26 million. American Healthcare REIT’s revenue was up 12.8% compared to the same quarter last year. Sell-side analysts anticipate that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current year.

American Healthcare REIT Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 3.41%. The ex-dividend date was Tuesday, December 31st. American Healthcare REIT’s dividend payout ratio is -208.33%.

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.