Rik Saylor Financial Inc. Invests $1.14 Million in American Healthcare REIT, Inc. (NYSE:AHR)

Rik Saylor Financial Inc. acquired a new position in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 39,953 shares of the company's stock, valued at approximately $1,135,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. grew its holdings in American Healthcare REIT by 54.1% during the third quarter. Principal Financial Group Inc. now owns 9,488,750 shares of the company's stock valued at $247,654,000 after purchasing an additional 3,330,714 shares during the last quarter. Wellington Management Group LLP grew its stake in American Healthcare REIT by 25.7% in the 3rd quarter. Wellington Management Group LLP now owns 13,445,752 shares of the company's stock valued at $350,934,000 after buying an additional 2,747,960 shares during the last quarter. State Street Corp raised its holdings in American Healthcare REIT by 221.6% in the 3rd quarter. State Street Corp now owns 3,683,691 shares of the company's stock worth $96,473,000 after acquiring an additional 2,538,177 shares during the period. FMR LLC acquired a new position in American Healthcare REIT during the 3rd quarter worth $56,575,000. Finally, Commonwealth Equity Services LLC boosted its holdings in American Healthcare REIT by 6,875.6% during the third quarter. Commonwealth Equity Services LLC now owns 1,605,441 shares of the company's stock valued at $41,902,000 after acquiring an additional 1,582,426 shares during the period. Institutional investors and hedge funds own 16.68% of the company's stock.

American Healthcare REIT Price Performance

Shares of American Healthcare REIT stock traded down $0.82 during trading on Monday, hitting $28.48. 1,704,438 shares of the company's stock traded hands, compared to its average volume of 1,182,943. The company has a market cap of $4.36 billion and a PE ratio of -59.34. The firm's fifty day moving average price is $28.34 and its 200 day moving average price is $25.15. American Healthcare REIT, Inc. has a twelve month low of $12.81 and a twelve month high of $29.99. 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 (NYSE:AHR - Get Free Report) last posted its earnings results on Tuesday, November 12th. The company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.35). The firm had revenue of $523.81 million during the quarter, compared to the consensus estimate of $474.26 million. American Healthcare REIT had a negative return on equity of 1.87% and a negative net margin of 1.84%. The firm's revenue for the quarter was up 12.8% on a year-over-year basis. Analysts forecast that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current year.

American Healthcare REIT Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Tuesday, December 31st were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.00 dividend on an annualized basis and a yield of 3.51%. American Healthcare REIT's dividend payout ratio is -208.33%.

Analysts Set New Price Targets

A number of research firms have recently commented on AHR. Morgan Stanley lifted their price objective on American Healthcare REIT from $27.00 to $29.00 and gave the stock an "overweight" rating in a research note on Monday, December 30th. Royal Bank of Canada upped their price target on American Healthcare REIT from $28.00 to $30.00 and gave the stock an "outperform" rating in a report on Monday, November 18th. 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 research note on Friday, November 15th. Finally, Colliers Securities raised shares of American Healthcare REIT from a "hold" rating to a "moderate buy" rating in a report on Sunday, October 13th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, American Healthcare REIT has a consensus rating of "Moderate Buy" and a consensus price target of $26.00.

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.