FLC Capital Advisors Invests $539,000 in American Healthcare REIT, Inc. (NYSE:AHR)

FLC Capital Advisors acquired a new stake in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 20,644 shares of the company's stock, valued at approximately $539,000.

A number of other institutional investors have also made changes to their positions in AHR. Kiely Wealth Advisory Group Inc. purchased a new stake in American Healthcare REIT during the 2nd quarter worth approximately $30,000. Amalgamated Bank acquired a new position in American Healthcare REIT in the second quarter worth about $33,000. Semmax Financial Advisors Inc. bought a new stake in American Healthcare REIT in the second quarter valued at about $45,000. CWM LLC acquired a new stake in American Healthcare REIT during the second quarter valued at approximately $58,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in American Healthcare REIT during the second quarter valued at approximately $110,000. 16.68% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

American Healthcare REIT Stock Down 1.3 %

AHR stock traded down $0.33 during trading on Thursday, reaching $25.08. 1,391,635 shares of the company's stock were exchanged, compared to its average volume of 1,454,247. 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, Inc. has a 1-year low of $12.63 and a 1-year high of $26.77. The company's fifty day moving average price is $22.66 and its 200-day moving average price is $17.48.

American Healthcare REIT (NYSE:AHR - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $504.60 million during the quarter, compared to analyst estimates of $506.55 million. The firm's quarterly revenue was up 7.9% compared to the same quarter last year. On average, sell-side analysts predict that American Healthcare REIT, Inc. will post 1.31 earnings per share for the current fiscal year.

American Healthcare REIT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 18th. Investors of record on Friday, September 20th will be issued a dividend of $0.25 per share. The ex-dividend date is Friday, September 20th. This represents a $1.00 annualized dividend and a yield of 3.99%.

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.