GPS Wealth Strategies Group LLC Has $2.21 Million Stock Holdings in American Healthcare REIT, Inc. (NYSE:AHR)

GPS Wealth Strategies Group LLC increased its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 14.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,905 shares of the company's stock after purchasing an additional 9,336 shares during the quarter. GPS Wealth Strategies Group LLC's holdings in American Healthcare REIT were worth $2,209,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB increased 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 purchasing an additional 633 shares in the last quarter. Richardson Capital Management LLC bought a new stake in American Healthcare REIT during the 4th quarter worth approximately $29,000. GAMMA Investing LLC grew its holdings in American Healthcare REIT by 42.2% during the 1st quarter. GAMMA Investing LLC now owns 1,405 shares of the company's stock worth $43,000 after acquiring an additional 417 shares during the last quarter. Harbor Capital Advisors Inc. grew its holdings in American Healthcare REIT by 206.2% during the 1st quarter. Harbor Capital Advisors Inc. now owns 1,442 shares of the company's stock worth $44,000 after acquiring an additional 971 shares during the last quarter. Finally, Indiana Trust & Investment Management Co bought a new stake in American Healthcare REIT during the 4th quarter worth approximately $57,000. 16.68% of the stock is currently owned by institutional investors and hedge funds.

American Healthcare REIT Stock Down 0.8%

Shares of American Healthcare REIT stock traded down $0.28 during trading on Friday, reaching $35.42. 1,400,191 shares of the company traded hands, compared to its average volume of 1,894,917. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37. American Healthcare REIT, Inc. has a 1-year low of $14.32 and a 1-year high of $36.33. The company has a 50 day moving average price of $32.91 and a 200-day moving average price of $30.18. The firm has a market capitalization of $5.65 billion, a PE ratio of -73.79, a P/E/G ratio of 1.57 and a beta of 1.21.

American Healthcare REIT (NYSE:AHR - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.37 by $0.01. American Healthcare REIT had a negative net margin of 1.84% and a negative return on equity of 1.87%. The company had revenue of $540.60 million for the quarter, compared to the consensus estimate of $542.32 million. During the same quarter in the previous year, the company earned $0.30 EPS. American Healthcare REIT's quarterly revenue was up 8.2% compared to the same quarter last year. As a group, equities research analysts expect that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current fiscal year.

American Healthcare REIT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 31st were issued a dividend of $0.25 per share. The ex-dividend date was Monday, March 31st. This represents a $1.00 annualized dividend and a yield of 2.82%. American Healthcare REIT's payout ratio is -370.37%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on AHR shares. Jefferies Financial Group started coverage on shares of American Healthcare REIT in a report on Monday, April 28th. They set a "buy" rating and a $37.00 target price on the stock. Citigroup reissued an "outperform" rating on shares of American Healthcare REIT in a report on Tuesday, March 4th. Royal Bank of Canada reissued an "outperform" rating and set a $34.00 target price on shares of American Healthcare REIT in a report on Wednesday, March 19th. KeyCorp upped their price objective on shares of American Healthcare REIT from $34.00 to $40.00 and gave the company an "overweight" rating in a research note on Wednesday. Finally, Truist Financial upped their price objective on shares of American Healthcare REIT from $32.00 to $38.00 and gave the company a "buy" rating in a research note on Monday, June 9th. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $37.14.

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.