Jane Street Group LLC Has $832,000 Position in American Healthcare REIT, Inc. (NYSE:AHR)

Jane Street Group LLC lowered its position in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 97.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,266 shares of the company's stock after selling 1,096,218 shares during the period. Jane Street Group LLC's holdings in American Healthcare REIT were worth $832,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted 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 worth $436,455,000 after buying an additional 7,474,374 shares in the last quarter. Principal Financial Group Inc. increased its position in 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 worth $347,831,000 after acquiring an additional 2,750,137 shares during the period. Cbre Investment Management Listed Real Assets LLC acquired a new stake in American Healthcare REIT in the 4th quarter worth about $33,838,000. Geode Capital Management LLC raised its stake in American Healthcare REIT by 46.4% in the 4th 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 in the last quarter. Finally, Northern Trust Corp boosted its holdings in American Healthcare REIT by 99.0% in the 4th quarter. Northern Trust Corp now owns 1,732,882 shares of the company's stock valued at $49,249,000 after purchasing an additional 861,882 shares during the period. 16.68% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. KeyCorp dropped their price target on shares of 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. JMP Securities set a $35.00 price objective on American Healthcare REIT in a report on Tuesday, March 4th. 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 target price on the stock. Morgan Stanley boosted their price target on American Healthcare REIT from $37.00 to $45.00 and gave the company an "overweight" rating in a research note on Tuesday, May 20th. Finally, Citigroup reiterated an "outperform" rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. Eight equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of $35.00.

American Healthcare REIT Price Performance

Shares of AHR stock traded up $0.62 on Tuesday, reaching $34.95. The company had a trading volume of 1,302,604 shares, compared to its average volume of 1,857,976. The business's 50-day moving average is $31.40 and its 200 day moving average is $29.48. American Healthcare REIT, Inc. has a one year low of $13.89 and a one year high of $35.97. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $5.57 billion, a PE ratio of -72.81, a price-to-earnings-growth ratio of 1.57 and a beta of 1.40.

American Healthcare REIT (NYSE:AHR - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.38 EPS for the quarter, beating 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 net margin of 1.84% and a negative return on equity of 1.87%. The firm's revenue was up 8.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.30 EPS. Equities research analysts forecast that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 31st were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 2.86%. The ex-dividend date was Monday, March 31st. American Healthcare REIT's dividend payout ratio (DPR) is -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.