ProShare Advisors LLC Raises Stock Position in American Healthcare REIT, Inc. (NYSE:AHR)

ProShare Advisors LLC increased its holdings in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 174.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,824 shares of the company's stock after acquiring an additional 27,213 shares during the quarter. ProShare Advisors LLC's holdings in American Healthcare REIT were worth $1,217,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of AHR. 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. raised its holdings 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 during the last quarter. Deutsche Bank AG lifted its position 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 valued at $122,513,000 after purchasing an additional 94,925 shares during the period. Geode Capital Management LLC boosted its holdings in American Healthcare REIT by 46.4% in 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. raised its stake in American Healthcare REIT by 13.6% during 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 own 16.68% of the company's stock.

American Healthcare REIT Stock Down 1.1%

Shares of American Healthcare REIT stock traded down $0.37 during trading on Wednesday, reaching $34.60. The company's stock had a trading volume of 210,492 shares, compared to its average volume of 1,851,512. The company has a 50-day simple moving average of $31.51 and a two-hundred day simple moving average of $29.51. American Healthcare REIT, Inc. has a 1-year low of $13.89 and a 1-year high of $35.97. The company has a market cap of $5.52 billion, a price-to-earnings ratio of -72.15, a P/E/G ratio of 1.57 and a beta of 1.40. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.59.

American Healthcare REIT (NYSE:AHR - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.01. The firm had revenue of $540.60 million for 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 company's revenue for the quarter was up 8.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.30 earnings per share. As a group, equities analysts forecast that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current year.

American Healthcare REIT Announces Dividend

The company also recently declared 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 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date of this dividend was Monday, March 31st. American Healthcare REIT's dividend payout ratio (DPR) is presently -370.37%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. KeyCorp lowered their price objective on shares of 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. Morgan Stanley boosted their price objective 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. JMP Securities set a $35.00 price target on shares of American Healthcare REIT in a research report on Tuesday, March 4th. Jefferies Financial Group assumed coverage on American Healthcare REIT in a research note on Monday, April 28th. They issued a "buy" rating and a $37.00 price target for the company. Finally, Citigroup restated an "outperform" rating on shares of American Healthcare REIT in a research report on Tuesday, March 4th. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, American Healthcare REIT presently has a consensus rating of "Buy" and an average price target of $35.00.

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.