American Healthcare REIT, Inc. (NYSE:AHR) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lessened its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 15.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,358,984 shares of the company's stock after selling 246,457 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.89% of American Healthcare REIT worth $38,622,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AHR. Wilmington Savings Fund Society FSB purchased a new stake in American Healthcare REIT in the 3rd quarter valued at about $28,000. GAMMA Investing LLC grew its holdings in American Healthcare REIT by 104.1% in the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company's stock valued at $28,000 after buying an additional 504 shares during the period. Carolina Wealth Advisors LLC purchased a new stake in American Healthcare REIT in the 4th quarter valued at about $29,000. Richardson Capital Management LLC purchased a new stake in American Healthcare REIT in the 4th quarter valued at about $29,000. Finally, Quarry LP purchased a new stake in American Healthcare REIT in the 3rd quarter valued at about $33,000. Hedge funds and other institutional investors own 16.68% of the company's stock.

Analysts Set New Price Targets

Several analysts have commented on the company. JMP Securities set a $35.00 price target on American Healthcare REIT in a report on Tuesday, March 4th. Citigroup restated an "outperform" rating on shares of American Healthcare REIT in a report on Tuesday, March 4th. Royal Bank of Canada restated an "outperform" rating and issued a $34.00 price target on shares of American Healthcare REIT in a report on Wednesday. Finally, Morgan Stanley lifted their price target on American Healthcare REIT from $27.00 to $29.00 and gave the company an "overweight" rating in a report on Monday, December 30th. Seven equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, American Healthcare REIT presently has an average rating of "Buy" and a consensus target price of $30.83.

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American Healthcare REIT Trading Up 2.7 %

Shares of NYSE AHR traded up $0.79 during midday trading on Wednesday, hitting $30.19. The stock had a trading volume of 2,443,389 shares, compared to its average volume of 1,555,871. The company has a market capitalization of $4.76 billion and a price-to-earnings ratio of -62.90. American Healthcare REIT, Inc. has a 1-year low of $12.81 and a 1-year high of $30.97. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.59. The company has a fifty day moving average price of $28.64 and a 200 day moving average price of $27.16.

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.