WCG Wealth Advisors LLC Invests $460,000 in American Healthcare REIT, Inc. (NYSE:AHR)

WCG Wealth Advisors LLC purchased a new position in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 16,171 shares of the company's stock, valued at approximately $460,000.

Other large investors have also made changes to their positions in the company. Richardson Capital Management LLC acquired a new position in shares of American Healthcare REIT during the 4th quarter worth $29,000. Fifth Third Bancorp acquired a new position in shares of American Healthcare REIT in the fourth quarter worth $39,000. Indiana Trust & Investment Management Co acquired a new stake in shares of American Healthcare REIT during the fourth quarter valued at $57,000. Assetmark Inc. raised its stake in American Healthcare REIT by 330.8% in the 4th quarter. Assetmark Inc. now owns 2,615 shares of the company's stock valued at $74,000 after purchasing an additional 2,008 shares during the last quarter. Finally, Promus Capital LLC acquired a new stake in shares of American Healthcare REIT during the 4th quarter worth about $86,000. Hedge funds and other institutional investors own 16.68% of the company's stock.

American Healthcare REIT Stock Down 0.5%

NYSE:AHR traded down $0.17 on Friday, reaching $34.67. The stock had a trading volume of 739,381 shares, compared to its average volume of 1,855,687. The company has a 50-day moving average of $31.70 and a 200 day moving average of $29.61. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.59. The stock has a market cap of $5.53 billion, a P/E ratio of -72.20, a price-to-earnings-growth ratio of 1.57 and a beta of 1.40. American Healthcare REIT, Inc. has a 12-month low of $14.07 and a 12-month high of $35.97.

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, beating analysts' consensus estimates of $0.37 by $0.01. American Healthcare REIT had a negative return on equity of 1.87% and a negative net margin of 1.84%. The firm had revenue of $540.60 million during the quarter, compared to the consensus estimate of $542.32 million. During the same quarter in the prior year, the business posted $0.30 earnings per share. American Healthcare REIT's revenue for the quarter was up 8.2% on a year-over-year basis. On average, research analysts predict that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current year.

American Healthcare REIT Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 31st were paid a $0.25 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.88%. American Healthcare REIT's dividend payout ratio (DPR) is presently -370.37%.

Analysts Set New Price Targets

Several research analysts have weighed in on AHR shares. Citigroup reiterated an "outperform" rating on shares of American Healthcare REIT in a report on Tuesday, March 4th. Morgan Stanley increased their price target on shares of American Healthcare REIT from $37.00 to $45.00 and gave the stock an "overweight" rating in a research note on Tuesday, May 20th. JMP Securities set a $35.00 price target on American Healthcare REIT in a research report on Tuesday, March 4th. Jefferies Financial Group initiated coverage on American Healthcare REIT in a report on Monday, April 28th. They set a "buy" rating and a $37.00 target price for the company. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $34.00 target price on shares of American Healthcare REIT in a research note on Wednesday, March 19th. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $35.00.

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.