Foundations Investment Advisors LLC Takes Position in American Healthcare REIT, Inc. (NYSE:AHR)

Foundations Investment Advisors LLC acquired a new position in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 21,744 shares of the company's stock, valued at approximately $568,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Centersquare Investment Management LLC bought a new position in shares of American Healthcare REIT during the 1st quarter worth approximately $63,269,000. V3 Capital Management L.P. bought a new position in American Healthcare REIT in the first quarter valued at $42,337,000. Commonwealth Equity Services LLC increased its stake in American Healthcare REIT by 6,875.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,605,441 shares of the company's stock valued at $41,902,000 after buying an additional 1,582,426 shares during the last quarter. Goldentree Asset Management LP bought a new stake in American Healthcare REIT during the 1st quarter worth about $22,125,000. Finally, Russell Investments Group Ltd. acquired a new position in shares of American Healthcare REIT during the 1st quarter worth about $20,381,000. 16.68% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently issued reports on AHR shares. Morgan Stanley lifted their target price 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. Colliers Securities raised 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 objective on American Healthcare REIT from $27.00 to $31.00 and gave the company a "buy" rating in a report on Tuesday, September 24th. JMP Securities boosted 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 report on Friday, September 20th. Finally, Truist Financial increased 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 note on Friday, September 20th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $23.00.

American Healthcare REIT Stock Down 0.1 %

Shares of AHR stock traded down $0.02 during trading on Friday, hitting $25.87. The company had a trading volume of 999,046 shares, compared to its average volume of 1,441,554. The stock's 50-day moving average price is $23.72 and its 200 day moving average price is $18.04. 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 one year low of $12.63 and a one year high of $26.77.

American Healthcare REIT (NYSE:AHR - Get Free Report) last issued its quarterly earnings data on Monday, August 5th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.28). The company had revenue of $504.60 million during the quarter, compared to the consensus estimate of $506.55 million. American Healthcare REIT had a negative net margin of 1.99% and a negative return on equity of 2.20%. American Healthcare REIT's revenue for the quarter was up 7.9% on a year-over-year basis. Analysts forecast that American Healthcare REIT, Inc. will post 1.31 EPS for the current fiscal year.

American Healthcare REIT Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Friday, September 20th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Friday, September 20th. This represents a $1.00 annualized dividend and a yield of 3.87%.

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.