Charles Schwab Investment Management Inc. Has $49.80 Million Stock Position in American Healthcare REIT, Inc. (NYSE:AHR)

Charles Schwab Investment Management Inc. boosted its stake in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 118.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,907,986 shares of the company's stock after acquiring an additional 1,034,365 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.45% of American Healthcare REIT worth $49,798,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. bought a new stake in shares of American Healthcare REIT in the first quarter valued at about $16,205,000. Virtu Financial LLC bought a new stake in American Healthcare REIT in the 1st quarter valued at approximately $308,000. CWM LLC acquired a new position in American Healthcare REIT during the 2nd quarter worth approximately $58,000. Manning & Napier Advisors LLC acquired a new stake in shares of American Healthcare REIT in the second quarter valued at approximately $3,317,000. Finally, SG Americas Securities LLC bought a new stake in shares of American Healthcare REIT in the second quarter worth $189,000. 16.68% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. JMP Securities lifted their target price on American Healthcare REIT from $18.00 to $30.00 and gave the company a "market outperform" rating in a research report on Friday, September 20th. Royal Bank of Canada upped their price objective 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. KeyCorp raised their target price on shares of American Healthcare REIT from $16.00 to $27.00 and gave the company an "overweight" rating in a research note on Monday, September 16th. Morgan Stanley increased their price target on shares of American Healthcare REIT from $17.00 to $22.00 and gave the company an "overweight" rating in a research note on Thursday, August 22nd. Finally, Colliers Securities upgraded shares of American Healthcare REIT from a "hold" rating to a "moderate buy" rating in a research note on Sunday, October 13th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $25.13.

American Healthcare REIT Stock Performance

AHR stock traded up $0.24 during mid-day trading on Friday, hitting $29.81. 926,951 shares of the company were exchanged, compared to its average volume of 2,181,733. American Healthcare REIT, Inc. has a 1-year low of $12.63 and a 1-year high of $29.99. The business has a 50 day simple moving average of $26.28 and a 200-day simple moving average of $20.42. 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 (NYSE:AHR - Get Free Report) last released its quarterly earnings results on Tuesday, November 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.35). The firm had revenue of $523.81 million during 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 business's revenue was up 12.8% on a year-over-year basis. Equities analysts expect that American Healthcare REIT, Inc. will post 1.42 earnings per share for the current fiscal year.

American Healthcare REIT Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Friday, September 20th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 3.35%. The ex-dividend date of this dividend was Friday, September 20th. American Healthcare REIT's dividend payout ratio (DPR) is -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.