GAMMA Investing LLC Raises Position in American Healthcare REIT, Inc. (NYSE:AHR)

GAMMA Investing LLC lifted its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 4,208.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 42,572 shares of the company's stock after buying an additional 41,584 shares during the quarter. GAMMA Investing LLC's holdings in American Healthcare REIT were worth $1,405,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of American Healthcare REIT by 94.8% during the fourth quarter. Vanguard Group Inc. now owns 15,357,331 shares of the company's stock valued at $436,455,000 after acquiring an additional 7,474,374 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of American Healthcare REIT by 29.0% during the fourth quarter. Principal Financial Group Inc. now owns 12,238,887 shares of the company's stock valued at $347,831,000 after purchasing an additional 2,750,137 shares in the last quarter. Deutsche Bank AG boosted its holdings in American Healthcare REIT by 2.3% during the fourth quarter. Deutsche Bank AG now owns 4,310,788 shares of the company's stock worth $122,513,000 after purchasing an additional 94,925 shares during the last quarter. 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 purchasing an additional 1,172,670 shares during the last quarter. Finally, Prudential Financial Inc. increased its stake in American Healthcare REIT by 13.6% in the 4th quarter. Prudential Financial Inc. now owns 3,521,182 shares of the company's stock valued at $100,072,000 after buying an additional 422,869 shares during the last quarter. Institutional investors and hedge funds own 16.68% of the company's stock.

Analyst Upgrades and Downgrades

AHR has been the topic of a number of research analyst reports. Jefferies Financial Group started coverage on American Healthcare REIT in a research note on Monday, April 28th. They issued a "buy" rating and a $37.00 target price on the stock. JMP Securities set a $35.00 price objective on American Healthcare REIT in a research note on Tuesday, March 4th. Citigroup reiterated an "outperform" rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. KeyCorp boosted their price target on shares of American Healthcare REIT from $34.00 to $40.00 and gave the stock an "overweight" rating in a report on Wednesday, June 11th. Finally, Truist Financial raised their price objective on shares of American Healthcare REIT from $32.00 to $38.00 and gave the stock a "buy" rating in a report on Monday, June 9th. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $37.14.

American Healthcare REIT Stock Performance

Shares of AHR traded up $0.70 during trading hours on Monday, hitting $36.10. The company's stock had a trading volume of 146,538 shares, compared to its average volume of 1,888,043. The business has a 50 day simple moving average of $32.91 and a two-hundred day simple moving average of $30.18. American Healthcare REIT, Inc. has a 52-week low of $14.32 and a 52-week high of $37.08. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37. The company has a market cap of $5.76 billion, a price-to-earnings ratio of -75.00, a PEG ratio of 1.57 and a beta of 1.21.

American Healthcare REIT (NYSE:AHR - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported $0.38 earnings per share for the quarter, beating 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%. American Healthcare REIT's revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.30 EPS. On average, equities analysts expect that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current fiscal year.

American Healthcare REIT Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 31st were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.77%. The ex-dividend date of this dividend was Monday, March 31st. American Healthcare REIT's payout ratio 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.