188,959 Shares in American Healthcare REIT, Inc. (NYSE:AHR) Acquired by Bamco Inc. NY

Bamco Inc. NY purchased a new position in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 188,959 shares of the company's stock, valued at approximately $5,370,000. Bamco Inc. NY owned about 0.12% of American Healthcare REIT at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. Vanguard Group Inc. increased its stake in American Healthcare REIT by 94.8% during the 4th quarter. Vanguard Group Inc. now owns 15,357,331 shares of the company's stock valued at $436,455,000 after purchasing an additional 7,474,374 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in shares of American Healthcare REIT by 54.1% in the 3rd quarter. Principal Financial Group Inc. now owns 9,488,750 shares of the company's stock valued at $247,654,000 after buying an additional 3,330,714 shares during the period. Cbre Investment Management Listed Real Assets LLC acquired a new position in American Healthcare REIT in the fourth quarter valued at approximately $33,838,000. Geode Capital Management LLC boosted its holdings in American Healthcare REIT by 46.4% during the fourth quarter. Geode Capital Management LLC now owns 3,699,793 shares of the company's stock worth $105,171,000 after buying an additional 1,172,670 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of American Healthcare REIT by 99.0% during the 4th quarter. Northern Trust Corp now owns 1,732,882 shares of the company's stock worth $49,249,000 after acquiring an additional 861,882 shares in the last quarter. 16.68% of the stock is owned by institutional investors and hedge funds.

American Healthcare REIT Stock Up 8.5 %

NYSE:AHR traded up $2.73 during mid-day trading on Friday, hitting $34.94. The stock had a trading volume of 2,431,093 shares, compared to its average volume of 1,810,137. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.59. American Healthcare REIT, Inc. has a twelve month low of $13.67 and a twelve month high of $35.10. The company has a market capitalization of $5.51 billion, a PE ratio of -72.79, a PEG ratio of 1.57 and a beta of 1.40. The stock has a 50-day simple moving average of $30.12 and a two-hundred day simple moving average of $28.70.

American Healthcare REIT (NYSE:AHR - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.38 EPS for the quarter, beating analysts' consensus estimates of $0.37 by $0.01. The business had revenue of $540.60 million for the quarter, compared to the consensus estimate of $542.32 million. American Healthcare REIT had a negative return on equity of 1.87% and a negative net margin of 1.84%. The business's revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.30 EPS. On average, equities research analysts anticipate that American Healthcare REIT, Inc. will post 1.41 EPS for the current year.

American Healthcare REIT Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 31st were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 2.86%. The ex-dividend date of this dividend was Monday, March 31st. American Healthcare REIT's payout ratio is -370.37%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on AHR shares. JMP Securities set a $35.00 price objective on American Healthcare REIT in a research report on Tuesday, March 4th. Royal Bank of Canada restated an "outperform" rating and set a $34.00 price target on shares of American Healthcare REIT in a research note on Wednesday, March 19th. Citigroup reaffirmed an "outperform" rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. KeyCorp decreased their target price on American Healthcare REIT from $35.00 to $34.00 and set an "overweight" rating on the stock in a research note on Monday, March 31st. Finally, Morgan Stanley increased their price target on shares of American Healthcare REIT from $36.00 to $37.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 25th. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $33.86.

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.