Lifestyle Asset Management Inc. Has $321,000 Stake in American Healthcare REIT, Inc. (NYSE:AHR)

Lifestyle Asset Management Inc. cut its stake in American Healthcare REIT, Inc. (NYSE:AHR) by 49.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,286 shares of the company’s stock after selling 11,022 shares during the period. Lifestyle Asset Management Inc.’s holdings in American Healthcare REIT were worth $321,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Kozak & Associates Inc. acquired a new position in shares of American Healthcare REIT during the third quarter worth about $28,000. Wilmington Savings Fund Society FSB bought a new stake in American Healthcare REIT in the 3rd quarter valued at approximately $28,000. GAMMA Investing LLC boosted its position in American Healthcare REIT by 104.1% during the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock worth $28,000 after acquiring an additional 504 shares during the last quarter. Carolina Wealth Advisors LLC bought a new position in shares of American Healthcare REIT during the 4th quarter worth approximately $29,000. Finally, Amalgamated Bank bought a new stake in shares of American Healthcare REIT in the second quarter worth $33,000. Institutional investors own 16.68% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on AHR shares. Morgan Stanley raised their target price on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company an “overweight” rating in a research report on Monday, December 30th. Truist Financial raised their price objective on American Healthcare REIT from $27.00 to $29.00 and gave the company a “buy” rating in a report on Friday, November 15th. Royal Bank of Canada upped their target price on American Healthcare REIT from $28.00 to $30.00 and gave the stock an “outperform” rating in a report on Monday, November 18th. Finally, Colliers Securities upgraded American Healthcare REIT from a “hold” rating to a “moderate buy” rating in a research note on Sunday, October 13th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $26.00.

American Healthcare REIT Price Performance

Shares of NYSE AHR opened at $28.69 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.59. The business’s 50 day moving average price is $28.21 and its two-hundred day moving average price is $24.01. The company has a market cap of $4.39 billion and a PE ratio of -59.78. American Healthcare REIT, Inc. has a twelve month low of $12.63 and a twelve month high of $29.99.

American Healthcare REIT (NYSE:AHR) last posted its earnings results on Tuesday, November 12th. The company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of $0.32 by ($0.35). American Healthcare REIT had a negative return on equity of 1.87% and a negative net margin of 1.84%. The business had revenue of $523.81 million for the quarter, compared to analyst estimates of $474.26 million. American Healthcare REIT’s revenue was up 12.8% on a year-over-year basis. On average, analysts predict that American Healthcare REIT, Inc. will post 1.41 EPS for the current year.

American Healthcare REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st were given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 3.49%. The ex-dividend date of this dividend was Tuesday, December 31st. American Healthcare REIT’s payout ratio is presently -208.33%.

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.