Nisa Investment Advisors LLC Acquires 16,948 Shares of American Healthcare REIT, Inc. (NYSE:AHR)

Nisa Investment Advisors LLC raised its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 82.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,405 shares of the company’s stock after acquiring an additional 16,948 shares during the quarter. Nisa Investment Advisors LLC’s holdings in American Healthcare REIT were worth $1,069,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Principal Financial Group Inc. lifted its holdings in American Healthcare REIT by 54.1% during the 3rd quarter. Principal Financial Group Inc. now owns 9,488,750 shares of the company’s stock worth $247,654,000 after purchasing an additional 3,330,714 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of American Healthcare REIT by 25.7% in the third quarter. Wellington Management Group LLP now owns 13,445,752 shares of the company’s stock worth $350,934,000 after buying an additional 2,747,960 shares in the last quarter. State Street Corp boosted its position in shares of American Healthcare REIT by 221.6% in the third quarter. State Street Corp now owns 3,683,691 shares of the company’s stock valued at $96,473,000 after acquiring an additional 2,538,177 shares during the period. FMR LLC bought a new position in shares of American Healthcare REIT in the third quarter valued at approximately $56,575,000. Finally, Commonwealth Equity Services LLC increased its holdings in American Healthcare REIT by 6,875.6% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,605,441 shares of the company’s stock worth $41,902,000 after acquiring an additional 1,582,426 shares during the period. 16.68% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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

American Healthcare REIT Trading Up 1.5 %

NYSE AHR opened at $29.34 on Tuesday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37. American Healthcare REIT, Inc. has a fifty-two week low of $12.63 and a fifty-two week high of $29.99. The stock has a market cap of $4.49 billion and a P/E ratio of -61.13. The stock has a 50 day simple moving average of $28.29 and a two-hundred day simple moving average of $24.26.

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

American Healthcare REIT Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 3.41%. The ex-dividend date was Tuesday, December 31st. American Healthcare REIT’s dividend payout ratio is currently -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.