Silicon Valley Capital Partners Sells 1,995 Shares of American Healthcare REIT, Inc. (NYSE:AHR)

Silicon Valley Capital Partners trimmed its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 27.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 5,331 shares of the company’s stock after selling 1,995 shares during the quarter. Silicon Valley Capital Partners’ holdings in American Healthcare REIT were worth $152,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of the business. Diversify Advisory Services LLC increased its holdings in American Healthcare REIT by 1.3% in the 4th quarter. Diversify Advisory Services LLC now owns 35,070 shares of the company’s stock valued at $955,000 after buying an additional 436 shares during the period. GAMMA Investing LLC boosted its position in American Healthcare REIT by 104.1% during the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock worth $28,000 after buying an additional 504 shares during the period. Janney Montgomery Scott LLC boosted its position in American Healthcare REIT by 4.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 13,915 shares of the company’s stock worth $395,000 after buying an additional 533 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its position in American Healthcare REIT by 34.7% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,537 shares of the company’s stock worth $66,000 after buying an additional 654 shares during the period. Finally, Fiduciary Alliance LLC boosted its position in American Healthcare REIT by 8.0% during the 4th quarter. Fiduciary Alliance LLC now owns 10,170 shares of the company’s stock worth $289,000 after buying an additional 754 shares during the period. 16.68% of the stock is owned by institutional investors.

American Healthcare REIT Trading Down 0.3 %

Shares of AHR opened at $29.30 on Monday. The business’s 50-day moving average price is $28.34 and its 200-day moving average price is $25.09. American Healthcare REIT, Inc. has a twelve month low of $12.81 and a twelve month high of $29.99. The stock has a market cap of $4.48 billion and a PE ratio of -61.04. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.59.

American Healthcare REIT (NYSE:AHR) last posted 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 company had revenue of $523.81 million during the quarter, compared to the consensus estimate of $474.26 million. American Healthcare REIT had a negative return on equity of 1.87% and a negative net margin of 1.84%. 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 EPS for the current fiscal year.

American Healthcare REIT Dividend Announcement

The business 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. This represents a $1.00 annualized dividend and a dividend yield of 3.41%. The ex-dividend date was Tuesday, December 31st. American Healthcare REIT’s dividend payout ratio (DPR) is -208.33%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on AHR shares. Colliers Securities upgraded shares of American Healthcare REIT from a “hold” rating to a “moderate buy” rating in a research report on Sunday, October 13th. Truist Financial boosted their price target on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company a “buy” rating in a research note on Friday, November 15th. Morgan Stanley boosted 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 note on Monday, December 30th. Finally, Royal Bank of Canada lifted their price objective on shares of American Healthcare REIT from $28.00 to $30.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $26.00.

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.