Anson Capital Inc. Purchases New Stake in American Healthcare REIT, Inc. (NYSE:AHR)

Anson Capital Inc. acquired a new position in shares of American Healthcare REIT, Inc. (NYSE:AHR) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 12,438 shares of the company’s stock, valued at approximately $325,000.

Other hedge funds have also recently bought and sold shares of the company. Kozak & Associates Inc. bought a new stake in shares of American Healthcare REIT during the 3rd quarter worth $28,000. Kessler Investment Group LLC bought a new position in shares of American Healthcare REIT in the third quarter worth about $48,000. Kiely Wealth Advisory Group Inc. acquired a new stake in shares of American Healthcare REIT in the 2nd quarter valued at approximately $30,000. Amalgamated Bank bought a new stake in shares of American Healthcare REIT during the 2nd quarter valued at approximately $33,000. Finally, Mirae Asset Global Investments Co. Ltd. lifted its stake in American Healthcare REIT by 34.7% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,537 shares of the company’s stock valued at $66,000 after purchasing an additional 654 shares during the last quarter. 16.68% of the stock is owned by institutional investors.

American Healthcare REIT Stock Performance

American Healthcare REIT stock traded down $0.02 during trading hours on Friday, reaching $25.87. 999,046 shares of the company’s stock were exchanged, compared to its average volume of 1,441,554. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.29 and a current ratio of 0.29. The firm’s 50 day simple moving average is $23.72 and its 200 day simple moving average is $18.04. American Healthcare REIT, Inc. has a twelve month low of $12.63 and a twelve month high of $26.77.

American Healthcare REIT (NYSE:AHR) last issued its quarterly earnings results on Monday, August 5th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.28). The business had revenue of $504.60 million during the quarter, compared to analyst estimates of $506.55 million. American Healthcare REIT had a negative net margin of 1.99% and a negative return on equity of 2.20%. American Healthcare REIT’s revenue was up 7.9% compared to the same quarter last year. As a group, sell-side analysts predict that American Healthcare REIT, Inc. will post 1.31 earnings per share for the current year.

American Healthcare REIT Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Friday, September 20th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 3.87%. The ex-dividend date was Friday, September 20th.

Analyst Upgrades and Downgrades

AHR has been the subject of several research analyst reports. KeyCorp upped their price target on shares of American Healthcare REIT from $16.00 to $27.00 and gave the stock an “overweight” rating in a report on Monday, September 16th. Morgan Stanley increased their target price on American Healthcare REIT from $17.00 to $22.00 and gave the company an “overweight” rating in a research report on Thursday, August 22nd. Colliers Securities raised American Healthcare REIT from a “hold” rating to a “moderate buy” rating in a research note on Sunday, October 13th. Truist Financial lifted their target price on shares of American Healthcare REIT from $22.00 to $27.00 and gave the stock a “buy” rating in a research report on Friday, September 20th. Finally, JMP Securities raised their price target 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 equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, American Healthcare REIT currently 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.