American Healthcare REIT, Inc. (NYSE:AHR) Stake Increased by Allworth Financial LP

Allworth Financial LP raised its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 263.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,928 shares of the company’s stock after purchasing an additional 10,816 shares during the period. Allworth Financial LP’s holdings in American Healthcare REIT were worth $422,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Diversify Advisory Services LLC increased its stake in American Healthcare REIT by 1.3% during the fourth quarter. Diversify Advisory Services LLC now owns 35,070 shares of the company’s stock valued at $955,000 after purchasing an additional 436 shares during the last quarter. GAMMA Investing LLC increased its stake in American Healthcare REIT by 104.1% during the fourth 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. Janney Montgomery Scott LLC increased its stake in American Healthcare REIT by 4.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 13,915 shares of the company’s stock valued at $395,000 after purchasing an additional 533 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in American Healthcare REIT by 34.7% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,537 shares of the company’s stock valued at $66,000 after purchasing an additional 654 shares during the last quarter. Finally, Fiduciary Alliance LLC increased its stake in American Healthcare REIT by 8.0% during the fourth quarter. Fiduciary Alliance LLC now owns 10,170 shares of the company’s stock valued at $289,000 after purchasing an additional 754 shares during the last quarter. Institutional investors own 16.68% of the company’s stock.

American Healthcare REIT Stock Performance

Shares of AHR opened at $27.87 on Friday. The firm has a 50-day moving average price of $28.24 and a 200 day moving average price of $25.75. The firm has a market capitalization of $4.27 billion and a PE ratio of -58.05. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.59. American Healthcare REIT, Inc. has a 52-week low of $12.81 and a 52-week high of $29.99.

American Healthcare REIT Dividend Announcement

The firm also recently disclosed 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 was Tuesday, December 31st. This represents a $1.00 annualized dividend and a dividend yield of 3.59%. American Healthcare REIT’s dividend payout ratio (DPR) is -208.33%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on AHR. Royal Bank of Canada boosted their target price on shares of American Healthcare REIT from $28.00 to $30.00 and gave the company an “outperform” rating in a research note on Monday, November 18th. Morgan Stanley boosted their price target on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company an “overweight” rating in a report on Monday, December 30th. Finally, 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 report on Friday, November 15th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $26.00.

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.