Silver Oak Securities Incorporated Boosts Stock Position in American Healthcare REIT, Inc. (NYSE:AHR)

Silver Oak Securities Incorporated lifted its position in American Healthcare REIT, Inc. (NYSE:AHR) by 20.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 24,688 shares of the company’s stock after purchasing an additional 4,108 shares during the quarter. Silver Oak Securities Incorporated’s holdings in American Healthcare REIT were worth $645,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Kozak & Associates Inc. purchased a new position in American Healthcare REIT during the 3rd quarter worth approximately $28,000. Kiely Wealth Advisory Group Inc. acquired a new stake in shares of American Healthcare REIT in the second quarter worth $30,000. Amalgamated Bank acquired a new position in American Healthcare REIT during the second quarter valued at $33,000. Semmax Financial Advisors Inc. purchased a new stake in American Healthcare REIT in the second quarter valued at $45,000. Finally, Kessler Investment Group LLC acquired a new stake in American Healthcare REIT during the 3rd quarter worth about $48,000. Institutional investors and hedge funds own 16.68% of the company’s stock.

American Healthcare REIT Trading Down 0.1 %

Shares of NYSE AHR opened at $25.87 on Friday. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.29 and a quick ratio of 0.29. The firm has a fifty day moving average of $23.72 and a 200 day moving average of $18.04. American Healthcare REIT, Inc. has a one year low of $12.63 and a one year high of $26.77.

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

American Healthcare REIT Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Bank of America boosted their price objective on American Healthcare REIT from $27.00 to $31.00 and gave the company a “buy” rating in a report on Tuesday, September 24th. Truist Financial boosted their price target on American Healthcare REIT from $22.00 to $27.00 and gave the company a “buy” rating in a report on Friday, September 20th. Morgan Stanley raised their price objective on shares of American Healthcare REIT from $17.00 to $22.00 and gave the stock an “overweight” rating in a research note on Thursday, August 22nd. JMP Securities boosted their target price 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. Finally, Colliers Securities upgraded shares of American Healthcare REIT from a “hold” rating to a “moderate buy” rating in a research report on Sunday, October 13th. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $23.00.

American Healthcare REIT Company 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.