UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 286,292 Shares of American Healthcare REIT, Inc. (NYSE:AHR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 407.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 356,497 shares of the company's stock after purchasing an additional 286,292 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.27% of American Healthcare REIT worth $9,305,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Kozak & Associates Inc. bought a new stake in shares of American Healthcare REIT during the third quarter valued at approximately $28,000. Tidemark LLC acquired a new stake in American Healthcare REIT in the 3rd quarter valued at $44,000. Kessler Investment Group LLC acquired a new stake in American Healthcare REIT in the 3rd quarter valued at $48,000. KBC Group NV acquired a new stake in American Healthcare REIT in the 3rd quarter valued at $51,000. Finally, Kiely Wealth Advisory Group Inc. acquired a new stake in American Healthcare REIT in the 2nd quarter valued at $30,000. 16.68% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts recently commented on the company. KeyCorp boosted their price target on American Healthcare REIT from $16.00 to $27.00 and gave the company an "overweight" rating in a research note on Monday, September 16th. Royal Bank of Canada boosted their price objective on American Healthcare REIT from $28.00 to $30.00 and gave the stock an "outperform" rating in a research note on Monday, November 18th. JMP Securities boosted their price objective on 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. Truist Financial boosted their price objective on 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, Bank of America boosted their price objective on American Healthcare REIT from $27.00 to $31.00 and gave the stock a "buy" rating in a research note on Tuesday, September 24th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $25.13.

American Healthcare REIT Trading Down 1.2 %

NYSE AHR traded down $0.36 on Monday, reaching $28.20. The company had a trading volume of 1,777,893 shares, compared to its average volume of 1,520,803. The stock's 50 day moving average is $26.58 and its 200-day moving average is $21.07. The stock has a market cap of $4.32 billion and a price-to-earnings ratio of -58.74. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.59. American Healthcare REIT, Inc. has a 52 week low of $12.63 and a 52 week high of $29.99.

American Healthcare REIT (NYSE:AHR - Get Free Report) last released its quarterly earnings data on Tuesday, November 12th. The company reported ($0.03) EPS for the quarter, missing analysts' consensus estimates of $0.32 by ($0.35). The company had revenue of $523.81 million during the quarter, compared to the consensus estimate 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 company's revenue was up 12.8% compared to the same quarter last year. Equities analysts predict that American Healthcare REIT, Inc. will post 1.42 earnings per share for the current year.

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.