Accurate Wealth Management LLC Purchases Shares of 13,005 American Healthcare REIT, Inc. (NYSE:AHR)

Accurate Wealth Management LLC bought a new stake in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 13,005 shares of the company's stock, valued at approximately $354,000.

Other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC lifted its stake in shares of 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 buying an additional 504 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in American Healthcare REIT by 34.7% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,537 shares of the company's stock valued at $66,000 after acquiring an additional 654 shares in the last quarter. Fiduciary Alliance LLC raised its stake in American Healthcare REIT by 8.0% in the fourth quarter. Fiduciary Alliance LLC now owns 10,170 shares of the company's stock valued at $289,000 after purchasing an additional 754 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new position in American Healthcare REIT during the third quarter valued at approximately $28,000. Finally, Kozak & Associates Inc. bought a new stake in shares of American Healthcare REIT during the 3rd quarter worth $28,000. 16.68% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have commented on AHR. Bank of America increased their target price on American Healthcare REIT from $27.00 to $31.00 and gave the company a "buy" rating in a research report on Tuesday, September 24th. 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 report on Friday, November 15th. Royal Bank of Canada boosted 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. Colliers Securities raised American Healthcare REIT from a "hold" rating to a "moderate buy" rating in a research note on Sunday, October 13th. Finally, Morgan Stanley lifted their price objective on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company an "overweight" rating in a report on Monday, December 30th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat, American Healthcare REIT currently has an average rating of "Moderate Buy" and a consensus target price of $26.00.

American Healthcare REIT Stock Down 2.9 %

Shares of AHR stock traded down $0.83 during midday trading on Friday, reaching $27.87. 1,651,164 shares of the stock were exchanged, compared to its average volume of 1,085,469. 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 firm has a market cap of $4.27 billion and a PE ratio of -58.06. The company's 50 day moving average is $28.07 and its two-hundred day moving average is $23.59. American Healthcare REIT, Inc. has a 1 year low of $12.63 and a 1 year high of $29.99.

American Healthcare REIT (NYSE:AHR - Get Free Report) last posted 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). American Healthcare REIT had a negative return on equity of 1.87% and a negative net margin of 1.84%. The business had revenue of $523.81 million during the quarter, compared to analysts' expectations of $474.26 million. The business's quarterly revenue was up 12.8% compared to the same quarter last year. On average, equities research analysts predict that American Healthcare REIT, Inc. will post 1.41 EPS for the current year.

American Healthcare REIT Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Tuesday, December 31st will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 3.59%. The ex-dividend date is Tuesday, December 31st. American Healthcare REIT's dividend payout ratio is currently -208.33%.

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.