Aurora Private Wealth Inc. Makes New $1.87 Million Investment in American Healthcare REIT, Inc. (NYSE:AHR)

Aurora Private Wealth Inc. purchased a new stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 61,570 shares of the company's stock, valued at approximately $1,866,000.

Several other institutional investors have also made changes to their positions in AHR. Wolff Wiese Magana LLC bought a new position in shares of American Healthcare REIT in the first quarter valued at approximately $25,000. MassMutual Private Wealth & Trust FSB lifted its position in American Healthcare REIT by 189.0% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 968 shares of the company's stock worth $29,000 after buying an additional 633 shares in the last quarter. Spirit of America Management Corp NY acquired a new stake in American Healthcare REIT in the first quarter worth about $30,000. Continuum Advisory LLC bought a new position in American Healthcare REIT during the first quarter worth about $37,000. Finally, GAMMA Investing LLC lifted its holdings in American Healthcare REIT by 42.2% during the first quarter. GAMMA Investing LLC now owns 1,405 shares of the company's stock worth $43,000 after acquiring an additional 417 shares in the last quarter. 16.68% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently issued reports on AHR shares. Royal Bank Of Canada reiterated an "outperform" rating and issued a $34.00 price objective on shares of American Healthcare REIT in a report on Wednesday, March 19th. Truist Financial lifted their price target on American Healthcare REIT from $32.00 to $38.00 and gave the stock a "buy" rating in a report on Monday, June 9th. KeyCorp lifted their price target on shares of American Healthcare REIT from $34.00 to $40.00 and gave the company an "overweight" rating in a research report on Wednesday, June 11th. Morgan Stanley increased their price target on American Healthcare REIT from $37.00 to $45.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 20th. Finally, Citigroup reiterated an "outperform" rating on shares of American Healthcare REIT in a research report on Tuesday, March 4th. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $37.14.

American Healthcare REIT Stock Performance

Shares of AHR stock traded down $0.04 during trading on Thursday, reaching $36.12. 1,297,971 shares of the company's stock traded hands, compared to its average volume of 1,916,946. The company has a current ratio of 0.38, a quick ratio of 0.38 and a debt-to-equity ratio of 0.45. American Healthcare REIT, Inc. has a 1 year low of $14.35 and a 1 year high of $36.96. The company has a market capitalization of $5.76 billion, a P/E ratio of 24.60, a PEG ratio of 2.03 and a beta of 1.21. The firm's 50-day moving average is $33.97 and its 200 day moving average is $30.55.

American Healthcare REIT (NYSE:AHR - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.38 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.01. American Healthcare REIT had a negative net margin of 1.96% and a negative return on equity of 1.85%. The firm had revenue of $540.60 million for the quarter, compared to analyst estimates of $542.32 million. During the same quarter in the prior year, the firm earned $0.30 EPS. The business's revenue for the quarter was up 8.2% compared to the same quarter last year. Equities research analysts expect that American Healthcare REIT, Inc. will post 1.41 EPS for the current year.

American Healthcare REIT Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 18th. Investors of record on Monday, June 30th will be paid a $0.25 dividend. The ex-dividend date is Monday, June 30th. This represents a $1.00 annualized dividend and a dividend yield of 2.77%. American Healthcare REIT's payout ratio is -370.37%.

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.