American Healthcare REIT, Inc. (NYSE:AHR) Shares Sold by State of Wyoming

State of Wyoming reduced its stake in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 63.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,900 shares of the company's stock after selling 10,185 shares during the quarter. State of Wyoming's holdings in American Healthcare REIT were worth $168,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of AHR. ProShare Advisors LLC lifted its position in shares of American Healthcare REIT by 174.3% in the fourth quarter. ProShare Advisors LLC now owns 42,824 shares of the company's stock valued at $1,217,000 after acquiring an additional 27,213 shares in the last quarter. Nissay Asset Management Corp Japan ADV lifted its holdings in American Healthcare REIT by 16.6% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 22,120 shares of the company's stock worth $630,000 after purchasing an additional 3,152 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in American Healthcare REIT by 92.5% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 86,567 shares of the company's stock worth $2,460,000 after purchasing an additional 41,598 shares during the period. Land & Buildings Investment Management LLC boosted its stake in American Healthcare REIT by 2.2% in the 4th quarter. Land & Buildings Investment Management LLC now owns 1,559,204 shares of the company's stock worth $44,313,000 after purchasing an additional 34,189 shares during the period. Finally, Lighthouse Investment Partners LLC purchased a new stake in American Healthcare REIT during the 4th quarter valued at approximately $12,078,000. 16.68% of the stock is currently owned by hedge funds and other institutional investors.

American Healthcare REIT Stock Performance

American Healthcare REIT stock traded up $0.09 during midday trading on Friday, hitting $34.93. 330,221 shares of the company were exchanged, compared to its average volume of 1,854,006. The business has a fifty day simple moving average of $31.70 and a two-hundred day simple moving average of $29.61. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37. The firm has a market capitalization of $5.57 billion, a PE ratio of -72.91, a price-to-earnings-growth ratio of 1.57 and a beta of 1.40. American Healthcare REIT, Inc. has a fifty-two week low of $14.07 and a fifty-two week high of $35.97.

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, topping analysts' consensus estimates of $0.37 by $0.01. American Healthcare REIT had a negative net margin of 1.84% and a negative return on equity of 1.87%. The business had revenue of $540.60 million for the quarter, compared to analysts' expectations of $542.32 million. During the same quarter last year, the company earned $0.30 EPS. The business's revenue was up 8.2% on a year-over-year basis. On average, sell-side analysts forecast that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current year.

American Healthcare REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 31st were given a $0.25 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.86%. American Healthcare REIT's dividend payout ratio (DPR) is currently -370.37%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Royal Bank of Canada reiterated an "outperform" rating and set a $34.00 target price on shares of American Healthcare REIT in a research report on Wednesday, March 19th. KeyCorp reduced their price objective on American Healthcare REIT from $35.00 to $34.00 and set an "overweight" rating on the stock in a report on Monday, March 31st. Jefferies Financial Group began coverage on shares of American Healthcare REIT in a research report on Monday, April 28th. They issued a "buy" rating and a $37.00 price target for the company. JMP Securities set a $35.00 price objective on American Healthcare REIT in a research report on Tuesday, March 4th. Finally, Citigroup restated an "outperform" rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat, American Healthcare REIT has a consensus rating of "Buy" and a consensus price target of $35.00.

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.