Cwm LLC Acquires 166,600 Shares of American Healthcare REIT, Inc. (NYSE:AHR)

CWM LLC boosted its stake in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 4,165.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 170,600 shares of the company's stock after purchasing an additional 166,600 shares during the period. CWM LLC owned about 0.13% of American Healthcare REIT worth $4,453,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Kiely Wealth Advisory Group Inc. bought a new stake in American Healthcare REIT during the second quarter valued at $30,000. Amalgamated Bank acquired a new stake in shares of American Healthcare REIT during the 2nd quarter worth approximately $33,000. Semmax Financial Advisors Inc. bought a new stake in shares of American Healthcare REIT in the 2nd quarter valued at $45,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new position in shares of American Healthcare REIT during the 2nd quarter valued at $110,000. Finally, Mather Group LLC. bought a new position in American Healthcare REIT during the third quarter worth $182,000. 16.68% of the stock is owned by institutional investors.

Analysts Set New Price Targets

AHR has been the topic of several research reports. Bank of America upped their price objective on shares of American Healthcare REIT from $27.00 to $31.00 and gave the company a "buy" rating in a report on Tuesday, September 24th. KeyCorp increased their price objective on American Healthcare REIT from $16.00 to $27.00 and gave the stock an "overweight" rating in a research note on Monday, September 16th. JMP Securities upped their target price on shares of 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. Truist Financial raised their price target on shares of American Healthcare REIT from $22.00 to $27.00 and gave the company a "buy" rating in a research report on Friday, September 20th. Finally, Morgan Stanley upped their price objective on shares of American Healthcare REIT from $17.00 to $22.00 and gave the stock an "overweight" rating in a research report on Thursday, August 22nd. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $23.00.

American Healthcare REIT Stock Up 1.6 %

American Healthcare REIT stock traded up $0.38 during midday trading on Friday, reaching $24.58. The stock had a trading volume of 1,354,844 shares, compared to its average volume of 1,462,146. The firm's 50-day moving average price is $22.13 and its 200 day moving average price is $17.27. American Healthcare REIT, Inc. has a 12 month low of $12.63 and a 12 month high of $26.77. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 0.60.

American Healthcare REIT (NYSE:AHR - Get Free Report) last released its quarterly earnings results on Monday, August 5th. The company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.29 by ($0.28). American Healthcare REIT had a negative return on equity of 2.20% and a negative net margin of 1.99%. The firm had revenue of $504.60 million during the quarter, compared to the consensus estimate of $506.55 million. The firm's quarterly revenue was up 7.9% compared to the same quarter last year. On average, research analysts predict that American Healthcare REIT, Inc. will post 1.31 earnings per share for the current fiscal year.

American Healthcare REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 18th. Stockholders of record on Friday, September 20th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.07%. The ex-dividend date of this dividend is Friday, September 20th.

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.