Universal Beteiligungs und Servicegesellschaft mbH Invests $13.38 Million in American Healthcare REIT, Inc. (NYSE:AHR)

Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 441,706 shares of the company's stock, valued at approximately $13,384,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.28% of American Healthcare REIT at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. GAMMA Investing LLC increased its position in shares of 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. Benjamin Edwards Inc. lifted its stake in shares of American Healthcare REIT by 3.4% during the 4th quarter. Benjamin Edwards Inc. now owns 13,924 shares of the company's stock valued at $396,000 after buying an additional 455 shares in the last quarter. Xponance Inc. lifted its stake in shares of American Healthcare REIT by 4.3% during the 1st quarter. Xponance Inc. now owns 11,489 shares of the company's stock valued at $348,000 after buying an additional 470 shares in the last quarter. MassMutual Private Wealth & Trust FSB boosted its stake in American Healthcare REIT by 189.0% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 968 shares of the company's stock valued at $29,000 after buying an additional 633 shares during the period. Finally, Mutual Advisors LLC increased its position in shares of American Healthcare REIT by 6.4% in the first quarter. Mutual Advisors LLC now owns 10,603 shares of the company's stock worth $330,000 after purchasing an additional 640 shares during the last quarter. 16.68% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other American Healthcare REIT news, CIO Stefan K.L. Oh sold 3,860 shares of the company's stock in a transaction on Monday, June 30th. The stock was sold at an average price of $36.10, for a total value of $139,346.00. Following the sale, the executive owned 95,671 shares of the company's stock, valued at approximately $3,453,723.10. This represents a 3.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 1.00% of the stock is owned by corporate insiders.

American Healthcare REIT Stock Down 0.4%

Shares of American Healthcare REIT stock traded down $0.16 on Monday, reaching $37.20. 121,629 shares of the company were exchanged, compared to its average volume of 1,645,079. American Healthcare REIT, Inc. has a 1-year low of $14.79 and a 1-year high of $38.47. The company has a market cap of $5.93 billion, a P/E ratio of -137.78, a price-to-earnings-growth ratio of 2.10 and a beta of 1.09. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.38 and a quick ratio of 0.38. The stock's 50 day moving average price is $36.00 and its 200-day moving average price is $31.95.

American Healthcare REIT (NYSE:AHR - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.38 earnings per share for the quarter, beating analysts' consensus estimates of $0.37 by $0.01. American Healthcare REIT had a negative return on equity of 1.85% and a negative net margin of 1.96%. The company had revenue of $540.60 million during the quarter, compared to analysts' expectations of $542.32 million. During the same quarter in the previous year, the business earned $0.30 earnings per share. The firm's revenue for the quarter was up 8.2% on a year-over-year basis. As a group, equities analysts forecast that American Healthcare REIT, Inc. will post 1.41 EPS for the current year.

American Healthcare REIT Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 18th. Investors of record on Monday, June 30th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.69%. The ex-dividend date of this dividend was Monday, June 30th. American Healthcare REIT's dividend payout ratio is presently -370.37%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on AHR shares. 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, June 11th. Scotiabank began coverage on shares of American Healthcare REIT in a research note on Monday, June 30th. They set a "sector outperform" rating and a $42.00 price objective for the company. Baird R W upgraded shares of American Healthcare REIT to a "strong-buy" rating in a research note on Thursday, July 17th. 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 price target on the stock. Finally, Truist Financial raised their price objective on shares of American Healthcare REIT from $32.00 to $38.00 and gave the stock a "buy" rating in a report on Monday, June 9th. Ten investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, American Healthcare REIT has an average rating of "Buy" and an average price target of $38.11.

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.