PEAK6 Investments LLC Takes $526,000 Position in American Healthcare REIT, Inc. (NYSE:AHR)

PEAK6 Investments LLC purchased a new stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 20,143 shares of the company's stock, valued at approximately $526,000.

A number of other large investors have also bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. grew its stake in American Healthcare REIT by 34.7% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,537 shares of the company's stock valued at $66,000 after acquiring an additional 654 shares during the period. Kozak & Associates Inc. bought a new position in American Healthcare REIT in the 3rd quarter valued at about $28,000. Tidemark LLC acquired a new stake in shares of American Healthcare REIT during the third quarter worth $44,000. Kessler Investment Group LLC bought a new stake in shares of American Healthcare REIT in the third quarter valued at approximately $48,000. Finally, KBC Group NV bought a new position in American Healthcare REIT in the 3rd quarter valued at about $51,000. 16.68% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently commented on AHR shares. Morgan Stanley lifted their target price 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. JMP Securities increased 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. KeyCorp upped their price objective on shares of American Healthcare REIT from $16.00 to $27.00 and gave the stock an "overweight" rating in a report on Monday, September 16th. Bank of America increased their target price 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. Finally, Truist Financial raised their price objective on shares of American Healthcare REIT from $27.00 to $29.00 and gave the stock a "buy" rating in a report on Friday, November 15th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, American Healthcare REIT has an average rating of "Moderate Buy" and an average target price of $25.13.

American Healthcare REIT Stock Down 0.5 %

American Healthcare REIT stock traded down $0.14 during mid-day trading on Wednesday, reaching $28.76. The stock had a trading volume of 764,633 shares, compared to its average volume of 1,517,470. American Healthcare REIT, Inc. has a one year low of $12.63 and a one year high of $29.99. The company has a 50-day moving average price of $26.39 and a two-hundred day moving average price of $20.67. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37. The company has a market capitalization of $4.40 billion and a price-to-earnings ratio of -60.21.

American Healthcare REIT (NYSE:AHR - Get Free Report) last released its quarterly earnings results on Tuesday, November 12th. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.32 by ($0.35). The business had revenue of $523.81 million for the quarter, compared to analysts' expectations of $474.26 million. American Healthcare REIT had a negative net margin of 1.84% and a negative return on equity of 1.87%. The firm's quarterly revenue was up 12.8% on a year-over-year basis. On average, analysts expect that American Healthcare REIT, Inc. will post 1.42 EPS for the current fiscal year.

American Healthcare REIT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 18th. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.48%. American Healthcare REIT's dividend payout ratio is currently -208.33%.

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.