Creative Financial Designs Inc. ADV Acquires 3,372 Shares of American Healthcare REIT, Inc. (NYSE:AHR)

Creative Financial Designs Inc. ADV lifted its position in American Healthcare REIT, Inc. (NYSE:AHR) by 33.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,601 shares of the company’s stock after acquiring an additional 3,372 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in American Healthcare REIT were worth $387,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in AHR. Wilmington Savings Fund Society FSB bought a new stake in shares of American Healthcare REIT in the 3rd quarter worth about $28,000. GAMMA Investing LLC increased its stake in American Healthcare REIT by 104.1% in the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock worth $28,000 after buying an additional 504 shares during the period. Carolina Wealth Advisors LLC purchased a new position in American Healthcare REIT in the 4th quarter worth about $29,000. Richardson Capital Management LLC purchased a new position in American Healthcare REIT in the 4th quarter worth about $29,000. Finally, Quarry LP purchased a new position in American Healthcare REIT in the 3rd quarter worth about $33,000. Institutional investors own 16.68% of the company’s stock.

American Healthcare REIT Trading Down 1.2 %

NYSE:AHR opened at $29.37 on Wednesday. American Healthcare REIT, Inc. has a one year low of $12.81 and a one year high of $30.97. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37. The firm has a market cap of $4.63 billion and a P/E ratio of -61.18. The firm has a 50-day simple moving average of $28.64 and a 200-day simple moving average of $27.16.

Wall Street Analyst Weigh In

Several research firms recently commented on AHR. Morgan Stanley raised their price target on shares of American Healthcare REIT from $27.00 to $29.00 and gave the stock an “overweight” rating in a research note on Monday, December 30th. Citigroup reaffirmed an “outperform” rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. Finally, JMP Securities set a $35.00 price target on shares of American Healthcare REIT in a report on Tuesday, March 4th. Seven equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $30.17.

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.