OneAscent Financial Services LLC Invests $371,000 in American Healthcare REIT, Inc. (NYSE:AHR)

OneAscent Financial Services LLC bought a new position in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 13,050 shares of the company's stock, valued at approximately $371,000.

Other institutional investors also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of American Healthcare REIT in the third quarter valued at $28,000. GAMMA Investing LLC grew its holdings in American Healthcare REIT by 104.1% in the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company's stock valued at $28,000 after buying an additional 504 shares during the period. Carolina Wealth Advisors LLC acquired a new position in shares of American Healthcare REIT during the 4th quarter valued at about $29,000. Richardson Capital Management LLC purchased a new position in shares of American Healthcare REIT during the 4th quarter worth about $29,000. Finally, Quarry LP acquired a new stake in shares of American Healthcare REIT in the third quarter worth approximately $33,000. 16.68% of the stock is currently owned by institutional investors and hedge funds.

American Healthcare REIT Stock Up 6.5 %

NYSE AHR traded up $1.77 on Wednesday, reaching $29.09. The company had a trading volume of 2,474,698 shares, compared to its average volume of 1,749,289. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37. American Healthcare REIT, Inc. has a 1 year low of $12.81 and a 1 year high of $31.61. The firm has a 50-day moving average of $29.10 and a 200-day moving average of $27.88. The firm has a market capitalization of $4.58 billion, a PE ratio of -60.60, a P/E/G ratio of 1.57 and a beta of 1.42.

American Healthcare REIT Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 31st will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date is Monday, March 31st. American Healthcare REIT's payout ratio is -370.37%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on AHR shares. Morgan Stanley upped their price target on shares of American Healthcare REIT from $36.00 to $37.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 25th. Royal Bank of Canada restated an "outperform" rating and set a $34.00 price objective on shares of American Healthcare REIT in a report on Wednesday, March 19th. JMP Securities set a $35.00 target price on American Healthcare REIT in a report on Tuesday, March 4th. KeyCorp dropped their price target on American Healthcare REIT from $35.00 to $34.00 and set an "overweight" rating for the company in a research note on Monday, March 31st. Finally, Citigroup reaffirmed an "outperform" rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. Seven research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $33.33.

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.