Cosner Financial Group LLC Has $1.57 Million Stake in American Healthcare REIT, Inc. (NYSE:AHR)

Cosner Financial Group LLC lessened its holdings in American Healthcare REIT, Inc. (NYSE:AHR) by 14.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,276 shares of the company’s stock after selling 9,713 shares during the quarter. American Healthcare REIT makes up approximately 1.0% of Cosner Financial Group LLC’s investment portfolio, making the stock its 18th largest position. Cosner Financial Group LLC’s holdings in American Healthcare REIT were worth $1,571,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its stake in shares of American Healthcare REIT by 104.1% in the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock valued at $28,000 after acquiring an additional 504 shares in the last quarter. Carolina Wealth Advisors LLC purchased a new position in American Healthcare REIT during the 4th quarter worth $29,000. Wilmington Savings Fund Society FSB bought a new stake in shares of American Healthcare REIT during the 3rd quarter worth $28,000. Quarry LP bought a new position in American Healthcare REIT during the third quarter valued at about $33,000. Finally, Decker Retirement Planning Inc. bought a new position in American Healthcare REIT during the fourth quarter valued at about $37,000. Institutional investors own 16.68% of the company’s stock.

American Healthcare REIT Stock Down 0.8 %

Shares of American Healthcare REIT stock opened at $28.18 on Monday. The stock has a market capitalization of $4.31 billion and a price-to-earnings ratio of -58.70. The company’s 50 day moving average price is $28.26 and its 200-day moving average price is $25.56. American Healthcare REIT, Inc. has a 52-week low of $12.81 and a 52-week high of $29.99. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37.

American Healthcare REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 3.55%. The ex-dividend date of this dividend was Tuesday, December 31st. American Healthcare REIT’s dividend payout ratio is currently -208.33%.

Analyst Ratings Changes

AHR has been the topic of several recent research reports. Royal Bank of Canada upped their price objective on shares of American Healthcare REIT from $28.00 to $30.00 and gave the company an “outperform” rating in a report on Monday, November 18th. Morgan Stanley increased their price target on shares of American Healthcare REIT from $27.00 to $29.00 and gave the stock an “overweight” rating in a report on Monday, December 30th. Finally, Truist Financial increased their price target on shares of American Healthcare REIT from $27.00 to $29.00 and gave the stock a “buy” rating in a report on Friday, November 15th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.