American Healthcare REIT, Inc. (NYSE:AHR) Short Interest Up 68.5% in December

American Healthcare REIT, Inc. (NYSE:AHR - Get Free Report) was the recipient of a large increase in short interest in December. As of December 31st, there was short interest totalling 9,150,000 shares, an increase of 68.5% from the December 15th total of 5,430,000 shares. Currently, 6.0% of the company's shares are sold short. Based on an average daily volume of 1,900,000 shares, the days-to-cover ratio is currently 4.8 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Kozak & Associates Inc. acquired a new stake in shares of American Healthcare REIT during the 3rd quarter valued at approximately $28,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of American Healthcare REIT during the third quarter worth $28,000. GAMMA Investing LLC lifted its position in shares of American Healthcare REIT by 104.1% in 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. Carolina Wealth Advisors LLC acquired a new position in shares of American Healthcare REIT in the 4th quarter valued at about $29,000. Finally, Kiely Wealth Advisory Group Inc. bought a new stake in shares of American Healthcare REIT during the 2nd quarter valued at about $30,000. Institutional investors own 16.68% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. Truist Financial lifted their price target 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. Royal Bank of Canada upped their price target on shares of American Healthcare REIT from $28.00 to $30.00 and gave the stock an "outperform" rating in a research report on Monday, November 18th. Bank of America increased their price target on American Healthcare REIT from $27.00 to $31.00 and gave the company a "buy" rating in a report on Tuesday, September 24th. JMP Securities boosted their price objective on American Healthcare REIT from $18.00 to $30.00 and gave the stock a "market outperform" rating in a research note on Friday, September 20th. Finally, Colliers Securities upgraded American Healthcare REIT from a "hold" rating to a "moderate buy" rating in a research note on Sunday, October 13th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $26.00.

American Healthcare REIT Stock Down 2.9 %

AHR stock traded down $0.83 during midday trading on Friday, hitting $27.87. 1,651,164 shares of the company's stock were exchanged, compared to its average volume of 1,100,942. American Healthcare REIT has a 12-month low of $12.63 and a 12-month high of $29.99. 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 stock has a market capitalization of $4.27 billion and a price-to-earnings ratio of -58.06. The firm has a 50 day moving average price of $28.07 and a 200-day moving average price of $23.59.

American Healthcare REIT (NYSE:AHR - Get Free Report) last posted its quarterly earnings data on Tuesday, November 12th. The company reported ($0.03) EPS for the quarter, missing analysts' consensus estimates of $0.32 by ($0.35). The company had revenue of $523.81 million for the quarter, compared to the consensus estimate of $474.26 million. American Healthcare REIT had a negative net margin of 1.84% and a negative return on equity of 1.87%. The company's revenue for the quarter was up 12.8% on a year-over-year basis. On average, analysts anticipate that American Healthcare REIT will post 1.41 EPS for the current year.

American Healthcare REIT Announces Dividend

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

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.