Schonfeld Strategic Advisors LLC Has $722,000 Position in American Healthcare REIT, Inc. (NYSE:AHR)

Schonfeld Strategic Advisors LLC reduced its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 51.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 25,400 shares of the company's stock after selling 27,300 shares during the period. Schonfeld Strategic Advisors LLC's holdings in American Healthcare REIT were worth $722,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. GAMMA Investing LLC grew its stake in shares of American Healthcare REIT by 104.1% in the fourth quarter. GAMMA Investing LLC now owns 988 shares of the company's stock worth $28,000 after purchasing an additional 504 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of American Healthcare REIT during the third quarter valued at about $28,000. Carolina Wealth Advisors LLC bought a new position in American Healthcare REIT in the 4th quarter worth $29,000. Richardson Capital Management LLC purchased a new stake in shares of American Healthcare REIT in the fourth quarter worth $29,000. Finally, Decker Retirement Planning Inc. purchased a new position in shares of American Healthcare REIT in the 4th quarter worth $37,000. 16.68% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AHR has been the topic of several recent analyst reports. Citigroup reaffirmed an "outperform" rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. Morgan Stanley raised their price target on American Healthcare REIT from $36.00 to $37.00 and gave the company an "overweight" rating in a research note on Tuesday, March 25th. Jefferies Financial Group began coverage on shares of American Healthcare REIT in a report on Monday, April 28th. They set a "buy" rating and a $37.00 price target for the company. KeyCorp lowered their price objective on American Healthcare REIT from $35.00 to $34.00 and set an "overweight" rating for the company in a research note on Monday, March 31st. Finally, JMP Securities set a $35.00 price target on American Healthcare REIT in a report on Tuesday, March 4th. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $33.86.

American Healthcare REIT Trading Up 1.8%

AHR stock traded up $0.62 during midday trading on Thursday, reaching $34.81. 359,007 shares of the company traded hands, compared to its average volume of 1,816,236. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37. The firm has a market capitalization of $5.48 billion, a price-to-earnings ratio of -72.67, a P/E/G ratio of 1.57 and a beta of 1.40. The business has a 50 day moving average of $30.40 and a 200-day moving average of $28.92. American Healthcare REIT, Inc. has a 52-week low of $13.67 and a 52-week high of $35.25.

American Healthcare REIT (NYSE:AHR - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.38 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.01. American Healthcare REIT had a negative return on equity of 1.87% and a negative net margin of 1.84%. The firm had revenue of $540.60 million for the quarter, compared to the consensus estimate of $542.32 million. During the same quarter last year, the business posted $0.30 earnings per share. The firm's revenue was up 8.2% compared to the same quarter last year. As a group, sell-side analysts expect that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current fiscal year.

American Healthcare REIT Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 31st were given a $0.25 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.00 dividend on an annualized basis and a yield of 2.87%. American Healthcare REIT's payout ratio is currently -370.37%.

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.