XTX Topco Ltd bought a new position in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 18,215 shares of the company's stock, valued at approximately $475,000.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Charles Schwab Investment Management Inc. boosted its stake in shares of American Healthcare REIT by 118.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,907,986 shares of the company's stock valued at $49,798,000 after purchasing an additional 1,034,365 shares in the last quarter. Foundations Investment Advisors LLC purchased a new stake in American Healthcare REIT in the 3rd quarter worth approximately $568,000. Swiss National Bank boosted its holdings in American Healthcare REIT by 126.6% in the third quarter. Swiss National Bank now owns 291,400 shares of the company's stock valued at $7,606,000 after acquiring an additional 162,800 shares in the last quarter. Hilton Capital Management LLC bought a new position in American Healthcare REIT in the 3rd quarter worth $4,777,000. Finally, Sumitomo Mitsui Trust Holdings Inc. boosted its stake in shares of American Healthcare REIT by 116.7% during the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,130,266 shares of the company's stock valued at $16,513,000 after purchasing an additional 608,656 shares in the last quarter. Institutional investors own 16.68% of the company's stock.
American Healthcare REIT Price Performance
American Healthcare REIT stock traded up $0.13 during midday trading on Friday, reaching $28.47. 1,528,920 shares of the stock traded hands, compared to its average volume of 1,527,853. The stock's fifty day moving average is $26.83 and its 200-day moving average is $21.47. American Healthcare REIT, Inc. has a 12 month low of $12.63 and a 12 month high of $29.99. The stock has a market cap of $4.36 billion and a P/E ratio of -59.31. 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 (NYSE:AHR - Get Free Report) last issued its quarterly 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 business had revenue of $523.81 million during the quarter, compared to analyst estimates 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 company's revenue was up 12.8% on a year-over-year basis. As a group, equities research analysts anticipate that American Healthcare REIT, Inc. will post 1.42 EPS for the current year.
Wall Street Analyst Weigh In
Several analysts recently weighed in on AHR shares. Truist Financial upped their price target 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. JMP Securities lifted their price target on American Healthcare REIT from $18.00 to $30.00 and gave the stock a "market outperform" rating in a research report on Friday, September 20th. KeyCorp increased their price objective on shares of American Healthcare REIT from $16.00 to $27.00 and gave the company an "overweight" rating in a research report on Monday, September 16th. Colliers Securities upgraded shares of American Healthcare REIT from a "hold" rating to a "moderate buy" rating in a research note on Sunday, October 13th. Finally, Royal Bank of Canada upped their target price on shares of American Healthcare REIT from $28.00 to $30.00 and gave the stock an "outperform" rating in a research note on Monday, November 18th. 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 data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $25.13.
Check Out Our Latest Research Report on American Healthcare REIT
American Healthcare REIT Company Profile
(
Free Report)
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.
Featured Articles
Before you consider American Healthcare REIT, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and American Healthcare REIT wasn't on the list.
While American Healthcare REIT currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
