American Healthcare REIT, Inc. (NYSE:AHR) Stake Boosted by Two Sigma Investments LP

Two Sigma Investments LP lifted its position in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 12.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 111,338 shares of the company's stock after buying an additional 12,717 shares during the quarter. Two Sigma Investments LP owned approximately 0.07% of American Healthcare REIT worth $3,164,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AHR. Richardson Capital Management LLC acquired a new stake in shares of American Healthcare REIT during the fourth quarter worth $29,000. Fifth Third Bancorp acquired a new stake in American Healthcare REIT in the 4th quarter worth about $39,000. Indiana Trust & Investment Management Co purchased a new stake in American Healthcare REIT in the 4th quarter valued at about $57,000. Assetmark Inc. increased its stake in shares of American Healthcare REIT by 330.8% during the 4th quarter. Assetmark Inc. now owns 2,615 shares of the company's stock valued at $74,000 after acquiring an additional 2,008 shares during the last quarter. Finally, Promus Capital LLC purchased a new position in shares of American Healthcare REIT during the 4th quarter worth about $86,000. 16.68% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Morgan Stanley upped their price target on shares of American Healthcare REIT from $37.00 to $45.00 and gave the stock an "overweight" rating in a research report on Tuesday, May 20th. Citigroup reissued an "outperform" rating on shares of American Healthcare REIT in a research report on Tuesday, March 4th. JMP Securities set a $35.00 price objective on American Healthcare REIT in a report on Tuesday, March 4th. Jefferies Financial Group started coverage on American Healthcare REIT in a report on Monday, April 28th. They set a "buy" rating and a $37.00 target price for the company. Finally, KeyCorp decreased their target price 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 investment analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $35.00.

American Healthcare REIT Stock Down 1.5%

AHR stock traded down $0.53 during midday trading on Tuesday, hitting $34.53. 1,256,526 shares of the company's stock were exchanged, compared to its average volume of 1,863,956. The firm has a 50 day moving average price of $31.98 and a 200-day moving average price of $29.80. American Healthcare REIT, Inc. has a 12-month low of $14.32 and a 12-month high of $35.97. The stock has a market capitalization of $5.51 billion, a price-to-earnings ratio of -71.93, a price-to-earnings-growth ratio of 1.57 and a beta of 1.40. 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 (NYSE:AHR - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.38 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.37 by $0.01. The business had revenue of $540.60 million during the quarter, compared to analyst estimates of $542.32 million. American Healthcare REIT had a negative net margin of 1.84% and a negative return on equity of 1.87%. The business's revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.30 earnings per share. On average, 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 paid a $0.25 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.90%. American Healthcare REIT's dividend payout ratio (DPR) is presently -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.