11,652 Shares in American Healthcare REIT, Inc. (NYSE:AHR) Acquired by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC acquired a new stake in American Healthcare REIT, Inc. (NYSE:AHR) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 11,652 shares of the company’s stock, valued at approximately $331,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in AHR. Wilmington Savings Fund Society FSB purchased a new stake in American Healthcare REIT during the 3rd quarter valued at $28,000. GAMMA Investing LLC raised its stake in American Healthcare REIT by 104.1% during the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock valued at $28,000 after buying an additional 504 shares during the last quarter. Carolina Wealth Advisors LLC purchased a new stake in shares of American Healthcare REIT in the 4th quarter worth $29,000. Quarry LP purchased a new stake in shares of American Healthcare REIT in the 3rd quarter worth $33,000. Finally, Decker Retirement Planning Inc. purchased a new stake in American Healthcare REIT in the 4th quarter worth $37,000. 16.68% of the stock is owned by institutional investors.

American Healthcare REIT Stock Up 0.8 %

AHR opened at $27.87 on Friday. The firm has a 50-day simple moving average of $28.24 and a two-hundred day simple moving average of $25.75. American Healthcare REIT, Inc. has a 52 week low of $12.81 and a 52 week high of $29.99. The company has a market capitalization of $4.27 billion and a PE ratio of -58.05. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.59.

American Healthcare REIT Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Tuesday, December 31st were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.59%. The ex-dividend date of this dividend was Tuesday, December 31st. American Healthcare REIT’s payout ratio is -208.33%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Truist Financial increased their price target on American Healthcare REIT from $27.00 to $29.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. 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 note on Monday, November 18th. Finally, Morgan Stanley increased their price target on American Healthcare REIT from $27.00 to $29.00 and gave the stock an “overweight” rating in a research note on Monday, December 30th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, American Healthcare REIT 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.