Boothbay Fund Management LLC Acquires 8,149 Shares of American Healthcare REIT, Inc. (NYSE:AHR)

Boothbay Fund Management LLC boosted its holdings in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 2.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 292,242 shares of the company's stock after acquiring an additional 8,149 shares during the quarter. Boothbay Fund Management LLC owned 0.19% of American Healthcare REIT worth $8,306,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. GAMMA Investing LLC lifted its position in American Healthcare REIT by 104.1% in the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company's stock valued at $28,000 after acquiring an additional 504 shares in the last quarter. Richardson Capital Management LLC bought a new position in shares of American Healthcare REIT during the 4th quarter valued at $29,000. Carolina Wealth Advisors LLC bought a new position in shares of American Healthcare REIT during the 4th quarter valued at $29,000. Wilmington Savings Fund Society FSB bought a new position in shares of American Healthcare REIT during the 3rd quarter valued at $28,000. Finally, Decker Retirement Planning Inc. bought a new position in shares of American Healthcare REIT during the 4th quarter valued at $37,000. 16.68% of the stock is owned by institutional investors.

American Healthcare REIT Trading Down 1.6 %

Shares of NYSE:AHR traded down $0.51 during trading on Thursday, reaching $31.77. The company's stock had a trading volume of 673,164 shares, compared to its average volume of 1,673,345. 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 12 month low of $13.67 and a 12 month high of $32.39. The firm's 50 day simple moving average is $29.77 and its two-hundred day simple moving average is $28.40. The stock has a market capitalization of $5.01 billion, a PE ratio of -66.18, a price-to-earnings-growth ratio of 1.57 and a beta of 1.42.

American Healthcare REIT Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 31st were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.15%. The ex-dividend date was Monday, March 31st. American Healthcare REIT's payout ratio is -370.37%.

Analyst Ratings Changes

AHR has been the topic of several research analyst reports. Citigroup reissued an "outperform" rating on shares of American Healthcare REIT in a report on Tuesday, March 4th. Royal Bank of Canada reissued an "outperform" rating and set a $34.00 price target on shares of American Healthcare REIT in a report on Wednesday, March 19th. Morgan Stanley increased their price target on American Healthcare REIT from $36.00 to $37.00 and gave the company an "overweight" rating in a report on Tuesday, March 25th. 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 report on Monday, March 31st. Finally, Jefferies Financial Group assumed coverage on American Healthcare REIT in a report on Monday. They issued a "buy" rating and a $37.00 target price on the stock. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus 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.