American Healthcare REIT, Inc. (NYSE:AHR) Shares Acquired by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. lifted its position in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 8.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 231,872 shares of the company’s stock after buying an additional 18,747 shares during the period. Asset Management One Co. Ltd. owned approximately 0.15% of American Healthcare REIT worth $6,604,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Charles Schwab Investment Management Inc. increased its holdings in shares of American Healthcare REIT by 118.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,907,986 shares of the company’s stock worth $49,798,000 after buying an additional 1,034,365 shares during the last quarter. Janus Henderson Group PLC increased its holdings in shares of American Healthcare REIT by 79.8% during the 3rd quarter. Janus Henderson Group PLC now owns 94,112 shares of the company’s stock worth $2,456,000 after buying an additional 41,755 shares during the last quarter. Foundations Investment Advisors LLC acquired a new stake in American Healthcare REIT in the 3rd quarter valued at $568,000. Swiss National Bank increased its holdings in American Healthcare REIT by 126.6% in the 3rd quarter. Swiss National Bank now owns 291,400 shares of the company’s stock valued at $7,606,000 after purchasing an additional 162,800 shares in the last quarter. Finally, Hilton Capital Management LLC acquired a new stake in American Healthcare REIT in the 3rd quarter valued at $4,777,000. 16.68% of the stock is currently owned by institutional investors and hedge funds.

American Healthcare REIT Stock Down 0.4 %

Shares of American Healthcare REIT stock opened at $28.03 on Wednesday. The business has a 50-day moving average of $28.26 and a 200-day moving average of $25.64. 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 company has a market capitalization of $4.29 billion and a PE ratio of -58.39. American Healthcare REIT, Inc. has a 1-year low of $12.81 and a 1-year high of $29.99.

American Healthcare REIT Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.00 annualized dividend and a dividend yield of 3.57%. American Healthcare REIT’s payout ratio is -208.33%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Morgan Stanley increased their price target on American Healthcare REIT from $27.00 to $29.00 and gave the company an “overweight” rating in a report on Monday, December 30th. Truist Financial increased their price target on American Healthcare REIT from $27.00 to $29.00 and gave the company a “buy” rating in a report on Friday, November 15th. Finally, Royal Bank of Canada increased their price target 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. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $26.00.

American Healthcare REIT 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.