Janus Henderson Group PLC Has $3.65 Million Stock Position in American Healthcare REIT, Inc. (NYSE:AHR)

Janus Henderson Group PLC increased its position in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 36.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 128,545 shares of the company's stock after purchasing an additional 34,433 shares during the quarter. Janus Henderson Group PLC owned approximately 0.08% of American Healthcare REIT worth $3,653,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in AHR. Vanguard Group Inc. increased its position in shares of American Healthcare REIT by 94.8% during the 4th quarter. Vanguard Group Inc. now owns 15,357,331 shares of the company's stock worth $436,455,000 after purchasing an additional 7,474,374 shares in the last quarter. Principal Financial Group Inc. increased its position in shares of American Healthcare REIT by 29.0% during the 4th quarter. Principal Financial Group Inc. now owns 12,238,887 shares of the company's stock worth $347,831,000 after purchasing an additional 2,750,137 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC acquired a new stake in shares of American Healthcare REIT during the 4th quarter worth about $33,838,000. Geode Capital Management LLC increased its position in shares of American Healthcare REIT by 46.4% during 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 increased its position in shares of American Healthcare REIT by 99.0% during the 4th quarter. Northern Trust Corp now owns 1,732,882 shares of the company's stock worth $49,249,000 after purchasing an additional 861,882 shares in the last quarter. Institutional investors and hedge funds own 16.68% of the company's stock.

American Healthcare REIT Stock Performance

Shares of AHR stock opened at $35.24 on Tuesday. The company's fifty day simple moving average is $30.91 and its 200-day simple moving average is $29.17. 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 firm has a market cap of $5.62 billion, a PE ratio of -73.42, a P/E/G ratio of 1.57 and a beta of 1.40. American Healthcare REIT, Inc. has a 12 month low of $13.67 and a 12 month high of $35.57.

American Healthcare REIT (NYSE:AHR - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.38 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.01. The business had revenue of $540.60 million for 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 firm's revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.30 earnings per share. Equities research analysts expect that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 31st were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.84%. The ex-dividend date was Monday, March 31st. American Healthcare REIT's dividend payout ratio (DPR) is currently -370.37%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on AHR. Jefferies Financial Group began coverage on shares of American Healthcare REIT in a research note on Monday, April 28th. They issued a "buy" rating and a $37.00 target price for the company. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $34.00 target price on shares of American Healthcare REIT in a research note on Wednesday, March 19th. Morgan Stanley lifted 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 note on Tuesday, March 4th. Finally, Citigroup reissued an "outperform" rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat, American Healthcare REIT presently has an average rating of "Buy" and an average target price of $33.86.

About American Healthcare REIT

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.

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