PEAK6 Investments LLC Purchases New Holdings in American Healthcare REIT, Inc. (NYSE:AHR)

PEAK6 Investments LLC acquired a new position in American Healthcare REIT, Inc. (NYSE:AHR) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 20,143 shares of the company’s stock, valued at approximately $526,000.

Other institutional investors have also recently bought and sold shares of the company. Kozak & Associates Inc. purchased a new position in shares of American Healthcare REIT in the 3rd quarter worth about $28,000. Kiely Wealth Advisory Group Inc. purchased a new position in American Healthcare REIT in the second quarter valued at about $30,000. Amalgamated Bank bought a new position in shares of American Healthcare REIT during the 2nd quarter valued at approximately $33,000. Tidemark LLC purchased a new stake in shares of American Healthcare REIT during the 3rd quarter worth approximately $44,000. Finally, Semmax Financial Advisors Inc. bought a new stake in shares of American Healthcare REIT in the 2nd quarter worth approximately $45,000. Institutional investors own 16.68% of the company’s stock.

American Healthcare REIT Price Performance

Shares of NYSE:AHR opened at $28.90 on Wednesday. The company has a 50 day moving average of $26.39 and a 200 day moving average of $20.67. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.59. The stock has a market cap of $4.42 billion and a P/E ratio of -60.21. American Healthcare REIT, Inc. has a 12 month low of $12.63 and a 12 month high of $29.99.

American Healthcare REIT (NYSE:AHR) last released its quarterly earnings results 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 firm 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 firm’s quarterly revenue was up 12.8% compared to the same quarter last year. As a group, sell-side analysts forecast that American Healthcare REIT, Inc. will post 1.42 EPS for the current fiscal year.

American Healthcare REIT Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Friday, September 20th were given a dividend of $0.25 per share. The ex-dividend date was Friday, September 20th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.46%. American Healthcare REIT’s dividend payout ratio (DPR) is presently -208.33%.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on AHR shares. Colliers Securities raised American Healthcare REIT from a “hold” rating to a “moderate buy” rating in a research report on Sunday, October 13th. JMP Securities lifted their price objective on American Healthcare REIT from $18.00 to $30.00 and gave the stock a “market outperform” rating in a report on Friday, September 20th. Morgan Stanley increased their target price on shares of American Healthcare REIT from $17.00 to $22.00 and gave the stock an “overweight” rating in a research report on Thursday, August 22nd. 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 report on Friday, November 15th. Finally, Bank of America raised their price objective on shares of American Healthcare REIT from $27.00 to $31.00 and gave the stock a “buy” rating in a report on Tuesday, September 24th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $25.13.

American Healthcare REIT 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.