Janus Henderson Group PLC Boosts Stock Position in American Healthcare REIT, Inc. (NYSE:AHR)

Janus Henderson Group PLC grew its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 36.6% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 128,545 shares of the company's stock after purchasing an additional 34,433 shares during the period. Janus Henderson Group PLC owned about 0.08% of American Healthcare REIT worth $3,653,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Diversify Advisory Services LLC increased its holdings in American Healthcare REIT by 1.3% during the 4th quarter. Diversify Advisory Services LLC now owns 35,070 shares of the company's stock worth $955,000 after purchasing an additional 436 shares in the last quarter. Benjamin Edwards Inc. increased its holdings in American Healthcare REIT by 3.4% during the 4th quarter. Benjamin Edwards Inc. now owns 13,924 shares of the company's stock worth $396,000 after purchasing an additional 455 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in American Healthcare REIT by 4.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 13,915 shares of the company's stock worth $395,000 after purchasing an additional 533 shares in the last quarter. IFP Advisors Inc increased its holdings in American Healthcare REIT by 14.4% during the 4th quarter. IFP Advisors Inc now owns 4,683 shares of the company's stock worth $134,000 after purchasing an additional 591 shares in the last quarter. Finally, Zacks Investment Management increased its holdings in American Healthcare REIT by 1.8% during the 4th quarter. Zacks Investment Management now owns 44,044 shares of the company's stock worth $1,252,000 after purchasing an additional 774 shares in the last quarter. 16.68% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on AHR shares. Citigroup restated an "outperform" rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. Morgan Stanley boosted their target price on American Healthcare REIT from $37.00 to $45.00 and gave the stock an "overweight" rating in a research note on Tuesday, May 20th. Royal Bank of Canada restated an "outperform" rating and issued a $34.00 target price on shares of American Healthcare REIT in a research note on Wednesday, March 19th. JMP Securities set a $35.00 target price on American Healthcare REIT in a research note on Tuesday, March 4th. Finally, KeyCorp cut their target price on American Healthcare REIT from $35.00 to $34.00 and set an "overweight" rating on the stock in a research note on Monday, March 31st. Eight analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of $35.00.

American Healthcare REIT Stock Performance

NYSE AHR traded up $0.35 on Friday, hitting $34.33. 1,363,511 shares of the stock traded hands, compared to its average volume of 1,860,206. The business's fifty day moving average is $31.32 and its two-hundred day moving average is $29.42. American Healthcare REIT, Inc. has a 12 month low of $13.89 and a 12 month high of $35.97. The firm has a market capitalization of $5.48 billion, a price-to-earnings ratio of -71.51, a PEG ratio of 1.57 and a beta of 1.40. 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 quarterly 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 firm had revenue of $540.60 million for the quarter, compared to analysts' expectations 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 quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.30 earnings per share. As a group, equities analysts anticipate that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Investors 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 2.91%. American Healthcare REIT's dividend payout ratio is presently -370.37%.

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.