American Healthcare REIT, Inc. (NYSE:AHR) Shares Purchased by Diversify Advisory Services LLC

Diversify Advisory Services LLC boosted its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 1.3% in the 4th quarter, Holdings Channel reports. The fund owned 35,070 shares of the company’s stock after buying an additional 436 shares during the period. Diversify Advisory Services LLC’s holdings in American Healthcare REIT were worth $955,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Principal Financial Group Inc. boosted its holdings in American Healthcare REIT by 54.1% during the third quarter. Principal Financial Group Inc. now owns 9,488,750 shares of the company’s stock worth $247,654,000 after buying an additional 3,330,714 shares in the last quarter. Wellington Management Group LLP increased its holdings in American Healthcare REIT by 25.7% in the third quarter. Wellington Management Group LLP now owns 13,445,752 shares of the company’s stock valued at $350,934,000 after buying an additional 2,747,960 shares in the last quarter. State Street Corp raised its position in shares of American Healthcare REIT by 221.6% in the third quarter. State Street Corp now owns 3,683,691 shares of the company’s stock worth $96,473,000 after acquiring an additional 2,538,177 shares during the period. FMR LLC purchased a new stake in shares of American Healthcare REIT during the 3rd quarter worth about $56,575,000. Finally, Commonwealth Equity Services LLC grew its position in shares of American Healthcare REIT by 6,875.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,605,441 shares of the company’s stock valued at $41,902,000 after acquiring an additional 1,582,426 shares during the period. 16.68% of the stock is owned by institutional investors and hedge funds.

American Healthcare REIT Stock Down 2.9 %

Shares of NYSE AHR opened at $27.87 on Tuesday. 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 company has a 50-day moving average of $28.14 and a 200 day moving average of $23.89. American Healthcare REIT, Inc. has a 12-month low of $12.63 and a 12-month high of $29.99. The stock has a market cap of $4.27 billion and a PE ratio of -58.06.

American Healthcare REIT (NYSE:AHR) last posted its quarterly earnings results on Tuesday, November 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.35). American Healthcare REIT had a negative net margin of 1.84% and a negative return on equity of 1.87%. The company had revenue of $523.81 million during the quarter, compared to analysts’ expectations of $474.26 million. The business’s revenue was up 12.8% compared to the same quarter last year. As a group, sell-side analysts predict that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders 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 dividend yield of 3.59%. American Healthcare REIT’s dividend payout ratio is presently -208.33%.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Royal Bank of Canada increased their price target on American Healthcare REIT from $28.00 to $30.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. 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. Bank of America upped their price objective on shares of American Healthcare REIT from $27.00 to $31.00 and gave the stock a “buy” rating in a research report on Tuesday, September 24th. Truist Financial lifted their target price 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, Morgan Stanley raised their price target 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. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, American Healthcare REIT presently has an average rating of “Moderate Buy” and an average price target of $26.00.

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.