22,937 Shares in American Healthcare REIT, Inc. (NYSE:AHR) Acquired by MML Investors Services LLC

MML Investors Services LLC bought a new stake in shares of American Healthcare REIT, Inc. (NYSE:AHR) during the 3rd quarter, Holdings Channel reports. The firm bought 22,937 shares of the company’s stock, valued at approximately $599,000.

A number of other institutional investors also recently added to or reduced their stakes in AHR. Kozak & Associates Inc. acquired a new position in shares of American Healthcare REIT during the third quarter valued at $28,000. Kiely Wealth Advisory Group Inc. bought a new position in American Healthcare REIT in the 2nd quarter valued at about $30,000. Amalgamated Bank acquired a new position in American Healthcare REIT during the 2nd quarter valued at about $33,000. Quarry LP bought a new stake in shares of American Healthcare REIT during the 3rd quarter worth about $33,000. Finally, Tidemark LLC acquired a new stake in shares of American Healthcare REIT in the 3rd quarter worth approximately $44,000. Institutional investors and hedge funds own 16.68% of the company’s stock.

American Healthcare REIT Stock Up 2.0 %

Shares of NYSE:AHR opened at $27.75 on Friday. The firm has a 50 day simple moving average of $27.14 and a 200 day simple moving average of $21.88. American Healthcare REIT, Inc. has a 52 week low of $12.63 and a 52 week high of $29.99. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37. The company has a market cap of $4.25 billion and a PE ratio of -57.81.

American Healthcare REIT (NYSE:AHR) last issued its earnings results on Tuesday, November 12th. The company reported ($0.03) EPS 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 firm’s revenue was up 12.8% compared to the same quarter last year. As a group, research analysts expect that American Healthcare REIT, Inc. will post 1.42 earnings per share for the current year.

American Healthcare REIT Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st will be issued a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.60%. American Healthcare REIT’s dividend payout ratio is -208.33%.

Analysts Set New Price Targets

A number of research analysts recently commented on AHR shares. KeyCorp raised 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 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 raised their target price on 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. Truist Financial raised their target price on shares of American Healthcare REIT from $27.00 to $29.00 and gave the stock a “buy” rating in a report on Friday, November 15th. Finally, Bank of America upped their price target on American Healthcare REIT from $27.00 to $31.00 and gave the company a “buy” rating in a report on Tuesday, September 24th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat.com, American Healthcare REIT presently has an average rating of “Moderate Buy” and a consensus price target of $25.13.

American Healthcare REIT 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.