American Healthcare REIT, Inc. (NYSE:AHR) Shares Sold by abrdn plc

abrdn plc decreased its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 1.9% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,031,229 shares of the company's stock after selling 20,468 shares during the period. abrdn plc owned 0.67% of American Healthcare REIT worth $29,215,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of AHR. Kozak & Associates Inc. purchased a new position in shares of American Healthcare REIT in the 3rd quarter worth about $28,000. Wilmington Savings Fund Society FSB purchased a new position in shares of American Healthcare REIT during the third quarter valued at about $28,000. GAMMA Investing LLC raised its holdings in American Healthcare REIT by 104.1% in the fourth quarter. GAMMA Investing LLC now owns 988 shares of the company's stock worth $28,000 after purchasing an additional 504 shares in the last quarter. Carolina Wealth Advisors LLC bought a new position in American Healthcare REIT during the 4th quarter valued at approximately $29,000. Finally, Quarry LP purchased a new stake in shares of American Healthcare REIT during the third quarter valued at approximately $33,000. 16.68% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Morgan Stanley upped their price target on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company an "overweight" rating in a research report on Monday, December 30th. Colliers Securities upgraded shares of American Healthcare REIT from a "hold" rating to a "moderate buy" rating in a report on Sunday, October 13th. Royal Bank of Canada raised their price objective 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. Finally, Truist Financial boosted their price target on American Healthcare REIT from $27.00 to $29.00 and gave the company a "buy" rating in a report on Friday, November 15th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $26.00.

American Healthcare REIT Stock Down 0.3 %

NYSE:AHR traded down $0.10 during trading hours on Friday, hitting $29.30. The company's stock had a trading volume of 1,043,423 shares, compared to its average volume of 1,136,437. The stock has a market capitalization of $4.48 billion and a P/E ratio of -61.04. 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 stock has a fifty day moving average of $28.34 and a 200-day moving average of $25.03. American Healthcare REIT, Inc. has a 52-week low of $12.81 and a 52-week high of $29.99.

American Healthcare REIT (NYSE:AHR - Get Free Report) last posted its earnings results 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). 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 analysts' expectations of $474.26 million. The business's revenue for the quarter was up 12.8% compared to the same quarter last year. On average, equities analysts forecast that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current year.

American Healthcare REIT Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Tuesday, December 31st were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.00 dividend on an annualized basis and a yield of 3.41%. American Healthcare REIT's dividend payout ratio is presently -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.