8,973 Shares in American Healthcare REIT, Inc. (NYSE:AHR) Acquired by Retirement Financial Solutions LLC

Retirement Financial Solutions LLC bought a new stake in shares of American Healthcare REIT, Inc. (NYSE:AHR) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,973 shares of the company’s stock, valued at approximately $234,000.

Several other hedge funds have also recently added to or reduced their stakes in AHR. Manning & Napier Advisors LLC acquired a new position in shares of American Healthcare REIT in the 2nd quarter valued at about $3,317,000. Quadrature Capital Ltd bought a new position in shares of American Healthcare REIT during the 1st quarter worth approximately $914,000. Centersquare Investment Management LLC acquired a new stake in shares of American Healthcare REIT during the 1st quarter worth approximately $63,269,000. Foundations Investment Advisors LLC bought a new stake in shares of American Healthcare REIT in the 3rd quarter valued at $568,000. Finally, Sei Investments Co. acquired a new position in shares of American Healthcare REIT during the 1st quarter valued at $2,967,000. Institutional investors own 16.68% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on AHR shares. Bank of America lifted their price target on shares of American Healthcare REIT from $27.00 to $31.00 and gave the company a “buy” rating in a research note on Tuesday, September 24th. Truist Financial boosted their target price on American Healthcare REIT from $22.00 to $27.00 and gave the company a “buy” rating in a research report on Friday, September 20th. Colliers Securities upgraded American Healthcare REIT from a “hold” rating to a “moderate buy” rating in a report on Sunday, October 13th. JMP Securities boosted their price objective on American Healthcare REIT from $18.00 to $30.00 and gave the company a “market outperform” rating in a report on Friday, September 20th. Finally, KeyCorp lifted their price target on shares of American Healthcare REIT from $16.00 to $27.00 and gave the company an “overweight” rating in a research report on Monday, September 16th. One equities research 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, American Healthcare REIT presently has an average rating of “Moderate Buy” and a consensus target price of $23.00.

American Healthcare REIT Stock Performance

Shares of American Healthcare REIT stock opened at $26.17 on Monday. The stock has a fifty day simple moving average of $24.36 and a 200 day simple moving average of $18.54. American Healthcare REIT, Inc. has a 12-month low of $12.63 and a 12-month high of $27.21. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.60.

American Healthcare REIT (NYSE:AHR) last posted its earnings results on Monday, August 5th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.28). American Healthcare REIT had a negative return on equity of 2.20% and a negative net margin of 1.99%. The firm had revenue of $504.60 million during the quarter, compared to the consensus estimate of $506.55 million. The company’s revenue for the quarter was up 7.9% on a year-over-year basis. Sell-side analysts expect that American Healthcare REIT, Inc. will post 1.31 earnings per share for the current fiscal year.

American Healthcare REIT Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Friday, September 20th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, September 20th. This represents a $1.00 annualized dividend and a dividend yield of 3.82%.

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.