Cwm LLC Sells 103,662 Shares of American Healthcare REIT, Inc. $AHR

Cwm LLC cut its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 57.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 76,700 shares of the company’s stock after selling 103,662 shares during the period. Cwm LLC’s holdings in American Healthcare REIT were worth $3,222,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Trust Co. of Vermont purchased a new position in American Healthcare REIT during the third quarter worth about $28,000. Darwin Wealth Management LLC purchased a new stake in American Healthcare REIT in the 2nd quarter valued at about $31,000. Total Investment Management Inc. bought a new position in shares of American Healthcare REIT during the 2nd quarter worth approximately $32,000. Physician Wealth Advisors Inc. purchased a new position in shares of American Healthcare REIT in the 2nd quarter worth approximately $34,000. Finally, State of Wyoming bought a new position in shares of American Healthcare REIT in the second quarter valued at approximately $61,000. Institutional investors own 16.68% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Mark E. Foster sold 1,500 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $49.35, for a total value of $74,025.00. Following the completion of the sale, the executive vice president owned 57,600 shares in the company, valued at $2,842,560. The trade was a 2.54% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Jeffrey T. Hanson sold 19,208 shares of the stock in a transaction that occurred on Tuesday, December 23rd. The shares were sold at an average price of $48.40, for a total transaction of $929,667.20. The SEC filing for this sale provides additional information. Insiders have sold a total of 76,288 shares of company stock valued at $3,718,666 over the last ninety days. 0.92% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

AHR has been the subject of a number of recent analyst reports. UBS Group upped their price objective on American Healthcare REIT from $51.00 to $56.00 and gave the company a “buy” rating in a research note on Monday, November 17th. Citigroup lifted their target price on American Healthcare REIT from $45.00 to $52.00 and gave the stock a “neutral” rating in a research note on Friday, November 21st. Scotiabank boosted their price target on shares of American Healthcare REIT from $47.00 to $55.00 and gave the stock a “sector outperform” rating in a report on Thursday, November 13th. KeyCorp raised their price objective on shares of American Healthcare REIT from $43.00 to $55.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Finally, Citizens Jmp lifted their price objective on shares of American Healthcare REIT from $50.00 to $60.00 and gave the stock a “market outperform” rating in a research report on Monday, November 10th. Two investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $51.64.

American Healthcare REIT Price Performance

Shares of NYSE:AHR opened at $47.02 on Friday. The company has a 50 day moving average of $48.06 and a 200 day moving average of $42.79. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 0.37. The stock has a market cap of $8.32 billion, a P/E ratio of 335.86, a P/E/G ratio of 1.96 and a beta of 1.03. American Healthcare REIT, Inc. has a 12 month low of $26.40 and a 12 month high of $51.01.

American Healthcare REIT Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 16th. Stockholders of record on Wednesday, December 31st will be given a dividend of $0.25 per share. The ex-dividend date is Wednesday, December 31st. This represents a $1.00 annualized dividend and a dividend yield of 2.1%. American Healthcare REIT’s dividend payout ratio (DPR) is 714.29%.

American Healthcare REIT Company Profile

American Healthcare REIT, Inc (NYSE: AHR) was a publicly traded real estate investment trust focused on acquiring, owning and managing healthcare‐related properties across the United States. The company’s portfolio spanned senior housing communities, skilled nursing facilities, medical office buildings and outpatient care centers, all operated under long‐term net lease or triple‐net lease structures designed to provide stable, predictable rental income.

Employing a strategy of partnering with established healthcare operators, American Healthcare REIT targeted properties in both major metropolitan areas and high‐growth secondary markets to capitalize on demographic trends such as an aging population and increased demand for outpatient services.