18,890 Shares in American Healthcare REIT, Inc. (NYSE:AHR) Purchased by Keystone Financial Services

Keystone Financial Services bought a new position in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 18,890 shares of the company's stock, valued at approximately $493,000.

A number of other institutional investors have also recently made changes to their positions in the company. Kozak & Associates Inc. bought a new stake in shares of American Healthcare REIT in the 3rd quarter valued at approximately $28,000. Kessler Investment Group LLC bought a new position in American Healthcare REIT during the third quarter valued at $48,000. Kiely Wealth Advisory Group Inc. bought a new stake in shares of American Healthcare REIT in the 2nd quarter worth about $30,000. Creekmur Asset Management LLC bought a new position in American Healthcare REIT during the 3rd quarter valued at about $54,000. Finally, Amalgamated Bank purchased a new position in shares of American Healthcare REIT during the second quarter valued at approximately $33,000. Hedge funds and other institutional investors own 16.68% of the company's stock.

Analyst Ratings Changes

AHR has been the subject of a number of recent analyst reports. KeyCorp boosted their price objective on American Healthcare REIT from $16.00 to $27.00 and gave the company an "overweight" rating in a report on Monday, September 16th. Morgan Stanley upped their price target on shares of American Healthcare REIT from $17.00 to $22.00 and gave the stock an "overweight" rating in a report on Thursday, August 22nd. Colliers Securities raised shares of American Healthcare REIT from a "hold" rating to a "moderate buy" rating in a research report on Sunday, October 13th. Bank of America raised their target price 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. Finally, Truist Financial increased their price objective on American Healthcare REIT from $22.00 to $27.00 and gave the stock a "buy" rating in a research note on Friday, September 20th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, American Healthcare REIT currently has an average rating of "Moderate Buy" and a consensus target price of $23.00.

American Healthcare REIT Trading Down 2.0 %

Shares of AHR stock traded down $0.52 during mid-day trading on Tuesday, hitting $25.95. 2,239,520 shares of the stock traded hands, compared to its average volume of 1,450,039. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.29 and a current ratio of 0.29. American Healthcare REIT, Inc. has a 52-week low of $12.63 and a 52-week high of $27.21. The stock's fifty day moving average is $24.96 and its two-hundred day moving average is $19.07.

American Healthcare REIT Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Friday, September 20th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, September 20th. This represents a $1.00 annualized dividend and a yield of 3.85%.

About American Healthcare REIT

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.