Atria Wealth Solutions Inc. Has $542,000 Stock Position in American Healthcare REIT, Inc. $AHR

Atria Wealth Solutions Inc. cut its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 35.7% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 14,646 shares of the company’s stock after selling 8,120 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in American Healthcare REIT were worth $542,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Wolff Wiese Magana LLC acquired a new position in shares of American Healthcare REIT during the first quarter worth $25,000. Physician Wealth Advisors Inc. acquired a new position in shares of American Healthcare REIT during the second quarter worth $34,000. Avalon Trust Co acquired a new position in shares of American Healthcare REIT during the first quarter worth $36,000. Continuum Advisory LLC acquired a new position in shares of American Healthcare REIT during the first quarter worth $37,000. Finally, Tsfg LLC acquired a new position in shares of American Healthcare REIT during the first quarter worth $41,000. 16.68% of the stock is currently owned by institutional investors and hedge funds.

American Healthcare REIT Stock Performance

NYSE AHR opened at $43.34 on Monday. The company has a market capitalization of $7.31 billion, a price-to-earnings ratio of -196.99, a PEG ratio of 2.23 and a beta of 0.98. American Healthcare REIT, Inc. has a twelve month low of $24.21 and a twelve month high of $43.52. The stock has a fifty day simple moving average of $41.92 and a 200 day simple moving average of $37.18. 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 (NYSE:AHR) last issued its quarterly earnings results on Thursday, August 7th. The company reported $0.42 EPS for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. The business had revenue of $542.50 million for the quarter, compared to analysts’ expectations 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 quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.33 earnings per share. American Healthcare REIT has set its FY 2025 guidance at 1.640-1.680 EPS. Sell-side analysts expect that American Healthcare REIT, Inc. will post 1.41 EPS for the current year.

American Healthcare REIT Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 17th. Shareholders of record on Tuesday, September 30th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $1.00 dividend on an annualized basis and a yield of 2.3%. American Healthcare REIT’s dividend payout ratio is -454.55%.

Analyst Upgrades and Downgrades

AHR has been the subject of several research analyst reports. UBS Group initiated coverage on shares of American Healthcare REIT in a report on Friday, September 19th. They set a “buy” rating and a $51.00 price target for the company. Scotiabank reiterated an “outperform” rating on shares of American Healthcare REIT in a report on Thursday, August 28th. JMP Securities upped their price target on shares of American Healthcare REIT from $45.00 to $50.00 and gave the stock a “market outperform” rating in a report on Friday. Royal Bank Of Canada increased their price objective on American Healthcare REIT from $39.00 to $45.00 and gave the company an “outperform” rating in a report on Wednesday, August 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of American Healthcare REIT in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $45.00.

Insider Buying and Selling

In other American Healthcare REIT news, EVP Mark E. Foster sold 3,850 shares of the company’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $41.89, for a total transaction of $161,276.50. Following the sale, the executive vice president owned 59,100 shares of the company’s stock, valued at approximately $2,475,699. This represents a 6.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 1.00% 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.