1,288 Shares in American Healthcare REIT, Inc. (NYSE:AHR) Bought by Decker Retirement Planning Inc.

Decker Retirement Planning Inc. purchased a new stake in shares of American Healthcare REIT, Inc. (NYSE:AHR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,288 shares of the company’s stock, valued at approximately $37,000.

Other institutional investors have also recently made changes to their positions in the company. Principal Financial Group Inc. raised its position in shares of American Healthcare REIT by 54.1% during the 3rd 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 period. Wellington Management Group LLP raised its holdings in American Healthcare REIT by 25.7% during the third quarter. Wellington Management Group LLP now owns 13,445,752 shares of the company’s stock valued at $350,934,000 after acquiring an additional 2,747,960 shares during the period. State Street Corp raised its holdings in American Healthcare REIT by 221.6% during the third quarter. State Street Corp now owns 3,683,691 shares of the company’s stock valued at $96,473,000 after acquiring an additional 2,538,177 shares during the period. FMR LLC purchased a new position in shares of American Healthcare REIT in the third quarter valued at about $56,575,000. Finally, Commonwealth Equity Services LLC boosted its stake in shares of American Healthcare REIT by 6,875.6% in the third quarter. Commonwealth Equity Services LLC now owns 1,605,441 shares of the company’s stock worth $41,902,000 after acquiring an additional 1,582,426 shares during the period. Institutional investors own 16.68% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on AHR shares. Bank of America lifted their target price on American Healthcare REIT from $27.00 to $31.00 and gave the company a “buy” rating in a research note on Tuesday, September 24th. Morgan Stanley boosted their target price on shares of American Healthcare REIT from $27.00 to $29.00 and gave the stock an “overweight” rating in a report on Monday, December 30th. Truist Financial upped their target price on shares of American Healthcare REIT from $27.00 to $29.00 and gave the stock a “buy” rating in a research report on Friday, November 15th. Royal Bank of Canada boosted their price target 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. Finally, JMP Securities raised their price objective on American Healthcare REIT from $18.00 to $30.00 and gave the company a “market outperform” rating in a research report on Friday, September 20th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, American Healthcare REIT has a consensus rating of “Moderate Buy” and a consensus target price of $26.00.

American Healthcare REIT Price Performance

AHR stock opened at $27.87 on Friday. American Healthcare REIT, Inc. has a 52 week low of $12.63 and a 52 week high of $29.99. The firm has a market capitalization of $4.27 billion and a P/E ratio of -58.06. The company has a fifty day simple moving average of $28.11 and a two-hundred day simple moving average of $23.68. 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) last announced its quarterly earnings results on Tuesday, November 12th. The company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.35). American Healthcare REIT had a negative net margin of 1.84% and a negative return on equity of 1.87%. The business had revenue of $523.81 million during the quarter, compared to the consensus estimate of $474.26 million. The firm’s revenue for the quarter was up 12.8% on a year-over-year basis. Analysts anticipate that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current fiscal year.

American Healthcare REIT Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 3.59%. The ex-dividend date of this dividend was Tuesday, December 31st. American Healthcare REIT’s dividend payout ratio is currently -208.33%.

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.