BROOKFIELD Corp ON Increases Position in American Healthcare REIT, Inc. (NYSE:AHR)

BROOKFIELD Corp ON grew its holdings in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 10.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 483,708 shares of the company's stock after acquiring an additional 44,110 shares during the period. BROOKFIELD Corp ON owned about 0.32% of American Healthcare REIT worth $13,747,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Diversify Advisory Services LLC grew 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 acquiring an additional 436 shares in the last quarter. Benjamin Edwards Inc. grew its position in shares of American Healthcare REIT by 3.4% during the fourth quarter. Benjamin Edwards Inc. now owns 13,924 shares of the company's stock valued at $396,000 after purchasing an additional 455 shares in the last quarter. GAMMA Investing LLC increased its holdings 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. Janney Montgomery Scott LLC increased its holdings in shares of American Healthcare REIT by 4.0% in the fourth quarter. Janney Montgomery Scott LLC now owns 13,915 shares of the company's stock worth $395,000 after purchasing an additional 533 shares during the last quarter. Finally, IFP Advisors Inc lifted its position in shares of American Healthcare REIT by 14.4% in the fourth quarter. IFP Advisors Inc now owns 4,683 shares of the company's stock worth $134,000 after buying an additional 591 shares in the last quarter. Institutional investors own 16.68% of the company's stock.

American Healthcare REIT Trading Up 8.5 %

NYSE AHR traded up $2.73 during trading on Friday, hitting $34.94. The stock had a trading volume of 2,431,093 shares, compared to its average volume of 1,814,925. The stock has a market capitalization of $5.51 billion, a price-to-earnings ratio of -72.79, a P/E/G ratio of 1.57 and a beta of 1.40. The stock has a 50 day simple moving average of $30.20 and a 200 day simple moving average of $28.79. American Healthcare REIT, Inc. has a one year low of $13.67 and a one year high of $35.10. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37.

American Healthcare REIT (NYSE:AHR - Get Free Report) last released its earnings results on Thursday, May 8th. The company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.01. The business had revenue of $540.60 million during 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% compared to the same quarter last year. During the same period last year, the company earned $0.30 earnings per share. Sell-side analysts predict that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current year.

American Healthcare REIT Announces Dividend

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

Wall Street Analyst Weigh In

AHR has been the subject of several research analyst reports. Jefferies Financial Group began coverage on American Healthcare REIT in a report on Monday, April 28th. They set a "buy" rating and a $37.00 price target for the company. Morgan Stanley boosted 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. JMP Securities set a $35.00 price objective on shares of American Healthcare REIT in a research report on Tuesday, March 4th. Citigroup reissued an "outperform" rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. Finally, Royal Bank of Canada restated an "outperform" rating and set a $34.00 target price on shares of American Healthcare REIT in a research report on Wednesday, March 19th. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has an average rating of "Buy" and an average target price 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.