Bison Wealth LLC Cuts Stock Holdings in American Healthcare REIT, Inc. (NYSE:AHR)

Bison Wealth LLC lowered its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 50.9% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,752 shares of the company's stock after selling 8,021 shares during the quarter. Bison Wealth LLC's holdings in American Healthcare REIT were worth $220,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of AHR. Northern Trust Corp grew its holdings 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 during the period. The Manufacturers Life Insurance Company lifted its position in American Healthcare REIT by 118.8% during the 4th quarter. The Manufacturers Life Insurance Company now owns 48,586 shares of the company's stock valued at $1,381,000 after acquiring an additional 26,378 shares during the period. Public Employees Retirement Association of Colorado bought a new stake in American Healthcare REIT during the fourth quarter worth about $672,000. Boothbay Fund Management LLC grew its holdings in American Healthcare REIT by 2.9% in the fourth quarter. Boothbay Fund Management LLC now owns 292,242 shares of the company's stock worth $8,306,000 after purchasing an additional 8,149 shares during the period. Finally, Susquehanna Fundamental Investments LLC purchased a new stake in shares of American Healthcare REIT in the 4th quarter worth approximately $7,719,000. 16.68% of the stock is owned by institutional investors.

Analyst Ratings Changes

AHR has been the subject of a number of analyst reports. JMP Securities set a $35.00 price objective on shares of American Healthcare REIT in a research note on Tuesday, March 4th. Royal Bank of Canada reissued an "outperform" rating and issued a $34.00 target price on shares of American Healthcare REIT in a report on Wednesday, March 19th. Morgan Stanley lifted 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 note on Tuesday, March 25th. Jefferies Financial Group began coverage on shares of American Healthcare REIT in a research report on Monday, April 28th. They set a "buy" rating and a $37.00 price objective on the stock. Finally, KeyCorp reduced their price objective on American Healthcare REIT from $35.00 to $34.00 and set an "overweight" rating for the company in a research report on Monday, March 31st. Eight research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $33.86.

American Healthcare REIT Price Performance

Shares of NYSE:AHR traded up $0.54 during midday trading on Wednesday, reaching $33.07. 272,564 shares of the company were exchanged, compared to its average volume of 1,653,732. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.59. The stock has a market cap of $5.21 billion, a PE ratio of -68.90, a price-to-earnings-growth ratio of 1.57 and a beta of 1.40. The business's fifty day moving average is $30.03 and its two-hundred day moving average is $28.62. American Healthcare REIT, Inc. has a one year low of $13.67 and a one year high of $33.11.

American Healthcare REIT Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 31st were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 3.02%. The ex-dividend date of this dividend was Monday, March 31st. American Healthcare REIT's dividend payout ratio is currently -370.37%.

About American Healthcare REIT

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.