47,382 Shares in American Healthcare REIT, Inc. (NYSE:AHR) Bought by Inscription Capital LLC

Inscription Capital LLC acquired a new position in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 47,382 shares of the company's stock, valued at approximately $1,237,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Kozak & Associates Inc. purchased a new stake in shares of American Healthcare REIT in the third quarter worth approximately $28,000. Kiely Wealth Advisory Group Inc. bought a new position in shares of American Healthcare REIT in the second quarter valued at approximately $30,000. Amalgamated Bank bought a new position in shares of American Healthcare REIT in the second quarter valued at approximately $33,000. Semmax Financial Advisors Inc. bought a new position in shares of American Healthcare REIT in the second quarter valued at approximately $45,000. Finally, Kessler Investment Group LLC bought a new position in shares of American Healthcare REIT in the third quarter valued at approximately $48,000. 16.68% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on AHR shares. Morgan Stanley upped their target price on American Healthcare REIT from $17.00 to $22.00 and gave the company an "overweight" rating in a report on Thursday, August 22nd. 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. KeyCorp upped their target price on 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 upped their target price on American Healthcare REIT from $18.00 to $30.00 and gave the company a "market outperform" rating in a report on Friday, September 20th. Finally, Colliers Securities raised American Healthcare REIT from a "hold" rating to a "moderate buy" rating in a report on Sunday, October 13th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, American Healthcare REIT currently has a consensus rating of "Moderate Buy" and a consensus target price of $23.00.

American Healthcare REIT Price Performance

NYSE AHR traded up $0.09 on Monday, hitting $25.96. 1,056,374 shares of the stock traded hands, compared to its average volume of 1,439,440. The business's fifty day moving average is $23.72 and its two-hundred day moving average is $18.08. American Healthcare REIT, Inc. has a 12 month low of $12.63 and a 12 month high of $26.77. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.29 and a quick ratio of 0.29.

American Healthcare REIT (NYSE:AHR - Get Free Report) last announced 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 net margin of 1.99% and a negative return on equity of 2.20%. The firm had revenue of $504.60 million for the quarter, compared to the consensus estimate of $506.55 million. American Healthcare REIT's revenue for the quarter was up 7.9% compared to the same quarter last year. As a group, research analysts forecast that American Healthcare REIT, Inc. will post 1.31 earnings per share for the current year.

American Healthcare REIT Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Friday, September 20th were given a dividend of $0.25 per share. The ex-dividend date was Friday, September 20th. This represents a $1.00 annualized dividend and a dividend yield of 3.85%.

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.