American Healthcare REIT, Inc. (NYSE:AHR) Stake Reduced by Farther Finance Advisors LLC

Farther Finance Advisors LLC trimmed its stake in American Healthcare REIT, Inc. (NYSE:AHR) by 52.6% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 2,238 shares of the company’s stock after selling 2,487 shares during the quarter. Farther Finance Advisors LLC’s holdings in American Healthcare REIT were worth $64,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. 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 period. Richardson Capital Management LLC bought a new stake in shares of American Healthcare REIT during the fourth quarter valued at about $29,000. Carolina Wealth Advisors LLC acquired a new stake in American Healthcare REIT in the fourth quarter worth about $29,000. Wilmington Savings Fund Society FSB bought a new position in American Healthcare REIT in the 3rd quarter valued at about $28,000. Finally, Quarry LP acquired a new position in American Healthcare REIT during the 3rd quarter valued at about $33,000. Institutional investors and hedge funds own 16.68% of the company’s stock.

Analysts Set New Price Targets

AHR has been the topic of a number of research analyst reports. Citigroup reiterated an “outperform” rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. JMP Securities set a $35.00 price target on American Healthcare REIT in a research report on Tuesday, March 4th. Morgan Stanley upped their price objective on American Healthcare REIT from $27.00 to $29.00 and gave the company an “overweight” rating in a report on Monday, December 30th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $34.00 target price on shares of American Healthcare REIT in a report on Wednesday. Seven analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $30.83.

American Healthcare REIT Stock Down 0.8 %

AHR opened at $29.59 on Friday. The company has a market capitalization of $4.66 billion and a P/E ratio of -61.64. 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 firm’s fifty day moving average price is $28.75 and its two-hundred day moving average price is $27.31. American Healthcare REIT, Inc. has a fifty-two week low of $12.81 and a fifty-two week high of $30.97.

American Healthcare REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.00 annualized dividend and a yield of 3.38%. American Healthcare REIT’s dividend payout ratio is currently -370.37%.

American Healthcare REIT Company 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.