39,953 Shares in American Healthcare REIT, Inc. (NYSE:AHR) Purchased by Rik Saylor Financial Inc.

Rik Saylor Financial Inc. bought a new position in shares of American Healthcare REIT, Inc. (NYSE:AHR) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 39,953 shares of the company’s stock, valued at approximately $1,135,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GAMMA Investing LLC grew its holdings in American Healthcare REIT by 104.1% during the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock worth $28,000 after acquiring an additional 504 shares during the last quarter. Carolina Wealth Advisors LLC acquired a new position in shares of American Healthcare REIT during the fourth quarter worth approximately $29,000. Wilmington Savings Fund Society FSB bought a new stake in shares of American Healthcare REIT during the third quarter valued at approximately $28,000. Kozak & Associates Inc. acquired a new stake in shares of American Healthcare REIT in the third quarter valued at approximately $28,000. Finally, Quarry LP bought a new position in American Healthcare REIT in the 3rd quarter valued at $33,000. 16.68% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on AHR. Truist Financial boosted their target price on American Healthcare REIT from $27.00 to $29.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Royal Bank of Canada upped their target price on shares of American Healthcare REIT from $28.00 to $30.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Morgan Stanley raised their target price on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company an “overweight” rating in a research note on Monday, December 30th. Finally, Colliers Securities raised shares of American Healthcare REIT from a “hold” rating to a “moderate buy” rating in a research note on Sunday, October 13th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, American Healthcare REIT presently has a consensus rating of “Moderate Buy” and an average price target of $26.00.

American Healthcare REIT Stock Performance

Shares of NYSE:AHR opened at $29.30 on Thursday. The firm’s 50 day simple moving average is $28.35 and its 200 day simple moving average is $24.91. American Healthcare REIT, Inc. has a fifty-two week low of $12.63 and a fifty-two week high of $29.99. The company has a market capitalization of $4.48 billion and a price-to-earnings ratio of -61.05. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37.

American Healthcare REIT (NYSE:AHR) last posted its 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). American Healthcare REIT had a negative return on equity of 1.87% and a negative net margin of 1.84%. The firm had revenue of $523.81 million during the quarter, compared to analyst estimates of $474.26 million. The company’s 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 1.41 earnings per share for the current year.

American Healthcare REIT Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.00 annualized dividend and a yield of 3.41%. American Healthcare REIT’s dividend payout ratio (DPR) is currently -208.33%.

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.