Sigma Planning Corp Purchases New Position in American Healthcare REIT, Inc. (NYSE:AHR)

Sigma Planning Corp acquired a new stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 71,905 shares of the company's stock, valued at approximately $1,877,000. Sigma Planning Corp owned 0.05% of American Healthcare REIT at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Manning & Napier Advisors LLC acquired a new position in American Healthcare REIT during the second quarter worth $3,317,000. Quadrature Capital Ltd purchased a new position in American Healthcare REIT during the 1st quarter worth $914,000. Foundations Investment Advisors LLC purchased a new stake in American Healthcare REIT during the 3rd quarter valued at approximately $568,000. Centersquare Investment Management LLC acquired a new stake in shares of American Healthcare REIT in the 1st quarter worth approximately $63,269,000. Finally, Sei Investments Co. purchased a new stake in American Healthcare REIT in the 1st quarter valued at approximately $2,967,000. 16.68% of the stock is owned by hedge funds and other institutional investors.

American Healthcare REIT Stock Performance

AHR traded down $0.52 during trading on Tuesday, hitting $25.95. 2,239,520 shares of the company's stock were exchanged, compared to its average volume of 1,450,039. The business's 50 day moving average is $24.96 and its two-hundred day moving average is $19.07. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.29 and a current ratio of 0.29. American Healthcare REIT, Inc. has a fifty-two week low of $12.63 and a fifty-two week high of $27.21.

American Healthcare REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Friday, September 20th were given a $0.25 dividend. The ex-dividend date was Friday, September 20th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.85%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on AHR shares. Bank of America increased their price target on American Healthcare REIT from $27.00 to $31.00 and gave the company a "buy" rating in a report on Tuesday, September 24th. Colliers Securities raised shares of American Healthcare REIT from a "hold" rating to a "moderate buy" rating in a research note on Sunday, October 13th. KeyCorp boosted their target price on shares of American Healthcare REIT from $16.00 to $27.00 and gave the stock an "overweight" rating in a research report on Monday, September 16th. Truist Financial boosted 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 report on Friday, September 20th. Finally, JMP Securities upped their target price on shares of American Healthcare REIT from $18.00 to $30.00 and gave the company a "market outperform" rating in a research note on Friday, September 20th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $23.00.

About American Healthcare REIT

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.