26,680 Shares in American Healthcare REIT, Inc. (NYSE:AHR) Bought by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. bought a new position in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 26,680 shares of the company's stock, valued at approximately $758,000.

A number of other large investors also recently modified their holdings of AHR. Amalgamated Bank bought a new position in shares of American Healthcare REIT in the 2nd quarter worth $33,000. Thrivent Financial for Lutherans bought a new position in shares of American Healthcare REIT in the 2nd quarter worth $1,202,000. The Manufacturers Life Insurance Company bought a new position in American Healthcare REIT during the 2nd quarter valued at $352,000. Susquehanna Fundamental Investments LLC bought a new position in American Healthcare REIT during the 2nd quarter valued at $2,246,000. Finally, SG Americas Securities LLC lifted its stake in American Healthcare REIT by 184.0% during the 3rd quarter. SG Americas Securities LLC now owns 36,778 shares of the company's stock valued at $960,000 after acquiring an additional 23,827 shares in the last quarter. 16.68% of the stock is currently owned by institutional investors.

American Healthcare REIT Stock Performance

AHR traded down $0.62 during trading hours on Friday, hitting $28.17. The stock had a trading volume of 790,644 shares, compared to its average volume of 1,108,919. The company's fifty day simple moving average is $28.37 and its 200 day simple moving average is $24.48. American Healthcare REIT, Inc. has a 1 year low of $12.63 and a 1 year high of $29.99. The stock has a market cap of $4.31 billion and a PE ratio of -58.69. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.59.

American Healthcare REIT (NYSE:AHR - Get Free Report) last announced its quarterly earnings data on Tuesday, November 12th. The company reported ($0.03) earnings per share 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 analysts' expectations of $474.26 million. American Healthcare REIT had a negative return on equity of 1.87% and a negative net margin of 1.84%. American Healthcare REIT's quarterly revenue was up 12.8% on a year-over-year basis. Equities analysts anticipate that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current year.

American Healthcare REIT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Tuesday, December 31st were given a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.00 dividend on an annualized basis and a yield of 3.55%. American Healthcare REIT's payout ratio is -208.33%.

Analysts Set New Price Targets

Several equities analysts have weighed in on AHR shares. Royal Bank of Canada raised their price objective on American Healthcare REIT from $28.00 to $30.00 and gave the company an "outperform" rating in a research note on Monday, November 18th. Morgan Stanley raised their price objective on American Healthcare REIT from $27.00 to $29.00 and gave the company an "overweight" rating in a research note on Monday, December 30th. Colliers Securities upgraded American Healthcare REIT from a "hold" rating to a "moderate buy" rating in a research note on Sunday, October 13th. Finally, Truist Financial raised their target price on American Healthcare REIT from $27.00 to $29.00 and gave the company a "buy" rating in a research report on Friday, November 15th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, American Healthcare REIT has a consensus rating of "Moderate Buy" and a consensus target price of $26.00.

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.