American Healthcare REIT, Inc. (NYSE:AHR) Given Consensus Rating of "Buy" by Brokerages

American Healthcare REIT, Inc. (NYSE:AHR - Get Free Report) has been given an average rating of "Buy" by the seven analysts that are covering the firm, MarketBeat reports. Seven investment analysts have rated the stock with a buy rating. The average 12-month price objective among analysts that have covered the stock in the last year is $33.33.

A number of research firms have issued reports on AHR. JMP Securities set a $35.00 target price on shares of American Healthcare REIT in a research report on Tuesday, March 4th. Morgan Stanley lifted their target price on shares of American Healthcare REIT from $36.00 to $37.00 and gave the stock an "overweight" rating in a report on Tuesday, March 25th. Citigroup reiterated an "outperform" rating on shares of American Healthcare REIT in a research report on Tuesday, March 4th. KeyCorp reduced their price target on American Healthcare REIT from $35.00 to $34.00 and set an "overweight" rating on the stock in a research report on Monday, March 31st. Finally, Royal Bank of Canada reiterated an "outperform" rating and issued a $34.00 price objective on shares of American Healthcare REIT in a report on Wednesday, March 19th.

American Healthcare REIT Trading Up 1.2 %

Shares of AHR traded up $0.34 during trading hours on Tuesday, hitting $29.30. 1,360,022 shares of the stock traded hands, compared to its average volume of 1,753,747. The business has a fifty day moving average of $29.11 and a 200-day moving average of $27.92. The firm has a market capitalization of $4.62 billion, a PE ratio of -61.04, a price-to-earnings-growth ratio of 1.57 and a beta of 1.42. American Healthcare REIT has a 1-year low of $12.81 and a 1-year high of $31.61. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.59.

American Healthcare REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 31st will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.41%. The ex-dividend date of this dividend is Monday, March 31st. American Healthcare REIT's dividend payout ratio is currently -370.37%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB bought a new stake in shares of American Healthcare REIT during the third quarter worth $28,000. GAMMA Investing LLC increased 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 purchasing an additional 504 shares in the last quarter. Carolina Wealth Advisors LLC acquired a new stake in shares of American Healthcare REIT in the 4th quarter valued at about $29,000. Richardson Capital Management LLC bought a new stake in shares of American Healthcare REIT in the fourth quarter valued at about $29,000. Finally, MassMutual Private Wealth & Trust FSB boosted its position in shares of American Healthcare REIT by 189.0% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 968 shares of the company's stock worth $29,000 after buying an additional 633 shares during the period. 16.68% of the stock is currently owned by institutional investors.

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.