Vontobel Holding Ltd. Takes $383,000 Position in American Healthcare REIT, Inc. (NYSE:AHR)

Vontobel Holding Ltd. bought a new position in American Healthcare REIT, Inc. (NYSE:AHR) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 13,475 shares of the company’s stock, valued at approximately $383,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. GAMMA Investing LLC increased its position in shares of American Healthcare REIT by 104.1% during the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock valued at $28,000 after purchasing an additional 504 shares during the last quarter. Carolina Wealth Advisors LLC purchased a new stake in shares of American Healthcare REIT during the 4th quarter valued at about $29,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of American Healthcare REIT during the 3rd quarter valued at about $28,000. Quarry LP purchased a new stake in shares of American Healthcare REIT during the 3rd quarter valued at about $33,000. Finally, Decker Retirement Planning Inc. purchased a new stake in shares of American Healthcare REIT during the 4th quarter valued at about $37,000. Hedge funds and other institutional investors own 16.68% of the company’s stock.

American Healthcare REIT Trading Up 0.8 %

AHR stock opened at $27.87 on Friday. American Healthcare REIT, Inc. has a 1-year low of $12.81 and a 1-year high of $29.99. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37. The company has a market capitalization of $4.27 billion and a price-to-earnings ratio of -58.05. The business has a 50 day simple moving average of $28.24 and a two-hundred day simple moving average of $25.75.

American Healthcare REIT Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st were paid a $0.25 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.00 annualized dividend and a yield of 3.59%. American Healthcare REIT’s payout ratio is -208.33%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. Royal Bank of Canada upped their price target on shares of American Healthcare REIT from $28.00 to $30.00 and gave the company an “outperform” rating in a research report on Monday, November 18th. Morgan Stanley increased their target price on shares of American Healthcare REIT from $27.00 to $29.00 and gave the stock an “overweight” rating in a report on Monday, December 30th. Finally, Truist Financial increased their target price on shares of American Healthcare REIT from $27.00 to $29.00 and gave the stock a “buy” rating in a report on Friday, November 15th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $26.00.

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.