GPS Wealth Strategies Group LLC Buys 7,376 Shares of American Healthcare REIT, Inc. (NYSE:AHR)

GPS Wealth Strategies Group LLC lifted its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 13.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,569 shares of the company’s stock after purchasing an additional 7,376 shares during the quarter. GPS Wealth Strategies Group LLC’s holdings in American Healthcare REIT were worth $1,807,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. GAMMA Investing LLC lifted its position in American Healthcare REIT by 104.1% in the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock valued at $28,000 after acquiring an additional 504 shares in the last quarter. Carolina Wealth Advisors LLC bought a new position in shares of American Healthcare REIT in the fourth quarter valued at approximately $29,000. Wilmington Savings Fund Society FSB purchased a new position in shares of American Healthcare REIT during the third quarter valued at approximately $28,000. Kozak & Associates Inc. purchased a new position in shares of American Healthcare REIT during the third quarter valued at approximately $28,000. Finally, Quarry LP bought a new stake in American Healthcare REIT during the third quarter worth $33,000. 16.68% of the stock is currently owned by institutional investors and hedge funds.

American Healthcare REIT Stock Performance

Shares of AHR opened at $28.28 on Friday. American Healthcare REIT, Inc. has a 1 year low of $12.63 and a 1 year 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. The stock’s fifty day moving average price is $28.38 and its two-hundred day moving average price is $24.65. The firm has a market cap of $4.33 billion and a PE ratio of -58.91.

American Healthcare REIT (NYSE:AHR) last announced its quarterly earnings data on Tuesday, November 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 net margin of 1.84% and a negative return on equity of 1.87%. The business’s quarterly revenue was up 12.8% on a year-over-year basis. On average, equities research analysts forecast that American Healthcare REIT, Inc. will post 1.41 EPS for the current year.

American Healthcare REIT Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Tuesday, December 31st were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 3.54%. The ex-dividend date of this dividend was Tuesday, December 31st. American Healthcare REIT’s dividend payout ratio (DPR) is presently -208.33%.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on AHR. Colliers Securities raised shares of American Healthcare REIT from a “hold” rating to a “moderate buy” rating in a report on Sunday, October 13th. Truist Financial upped 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 report on Friday, November 15th. Royal Bank of Canada lifted 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 report on Monday, November 18th. Finally, Morgan Stanley upped their target price on American Healthcare REIT from $27.00 to $29.00 and gave the company an “overweight” rating in a report on Monday, December 30th. One investment 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 stock has an average rating of “Moderate Buy” and a consensus price target of $26.00.

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.