CreativeOne Wealth LLC Invests $499,000 in American Healthcare REIT, Inc. (NYSE:AHR)

CreativeOne Wealth LLC acquired a new stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 19,136 shares of the company's stock, valued at approximately $499,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Kozak & Associates Inc. acquired a new stake in American Healthcare REIT during the 3rd quarter worth approximately $28,000. Tidemark LLC bought a new stake in shares of American Healthcare REIT during the third quarter worth about $44,000. Kessler Investment Group LLC bought a new position in American Healthcare REIT during the 3rd quarter worth $48,000. KBC Group NV acquired a new stake in shares of American Healthcare REIT during the third quarter worth $51,000. Finally, Kiely Wealth Advisory Group Inc. acquired a new stake in American Healthcare REIT during the second quarter worth approximately $30,000. Institutional investors and hedge funds own 16.68% of the company's stock.

Analysts Set New Price Targets

AHR has been the subject of several research reports. Morgan Stanley raised their target price on American Healthcare REIT from $17.00 to $22.00 and gave the company an "overweight" rating in a research note on Thursday, August 22nd. Truist Financial boosted their target price on American Healthcare REIT from $27.00 to $29.00 and gave the stock a "buy" rating in a research note on Friday, November 15th. Colliers Securities raised shares of American Healthcare REIT from a "hold" rating to a "moderate buy" rating in a research report on Sunday, October 13th. Bank of America increased their price target on American Healthcare REIT from $27.00 to $31.00 and gave the stock a "buy" rating in a research note on Tuesday, September 24th. Finally, JMP Securities lifted their price target 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. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $25.13.

American Healthcare REIT Price Performance

AHR stock traded down $0.85 during trading on Monday, reaching $28.96. The company's stock had a trading volume of 1,983,463 shares, compared to its average volume of 1,520,190. American Healthcare REIT, Inc. has a 1 year low of $12.63 and a 1 year high of $29.99. The company's fifty day moving average is $26.28 and its 200-day moving average is $20.46. 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 market capitalization of $4.43 billion and a P/E ratio of -60.33.

American Healthcare REIT (NYSE:AHR - Get Free Report) last announced its 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). American Healthcare REIT had a negative net margin of 1.84% and a negative return on equity of 1.87%. The business had revenue of $523.81 million for the quarter, compared to analysts' expectations of $474.26 million. The business's revenue was up 12.8% compared to the same quarter last year. On average, research 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 declared a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Friday, September 20th were paid a dividend of $0.25 per share. The ex-dividend date was Friday, September 20th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.45%. American Healthcare REIT's payout ratio is -208.33%.

American Healthcare REIT 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.