UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Raises Position in American Healthcare REIT, Inc. (NYSE:AHR)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 115.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 767,365 shares of the company's stock after purchasing an additional 410,868 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.50% of American Healthcare REIT worth $21,809,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Richardson Capital Management LLC bought a new position in shares of American Healthcare REIT in the fourth quarter valued at approximately $29,000. Fifth Third Bancorp bought a new position in shares of American Healthcare REIT in the fourth quarter valued at approximately $39,000. Indiana Trust & Investment Management Co bought a new position in shares of American Healthcare REIT in the fourth quarter valued at approximately $57,000. Assetmark Inc. grew its holdings in shares of American Healthcare REIT by 330.8% in the fourth quarter. Assetmark Inc. now owns 2,615 shares of the company's stock valued at $74,000 after acquiring an additional 2,008 shares in the last quarter. Finally, Promus Capital LLC bought a new position in shares of American Healthcare REIT in the fourth quarter valued at approximately $86,000. 16.68% of the stock is owned by hedge funds and other institutional investors.

American Healthcare REIT Stock Performance

Shares of NYSE:AHR traded up $0.15 during trading on Friday, hitting $34.99. 2,615,147 shares of the company were exchanged, compared to its average volume of 1,866,190. The company has a market cap of $5.58 billion, a PE ratio of -72.90, a P/E/G ratio of 1.57 and a beta of 1.40. The stock has a 50 day moving average of $31.79 and a 200 day moving average of $29.71. American Healthcare REIT, Inc. has a 52-week low of $14.32 and a 52-week high of $35.97. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37.

American Healthcare REIT (NYSE:AHR - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $0.38 earnings per share (EPS) 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 the consensus estimate of $542.32 million. American Healthcare REIT had a negative return on equity of 1.87% and a negative net margin of 1.84%. The business's quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.30 earnings per share. As a group, equities research analysts predict that American Healthcare REIT, Inc. will post 1.41 EPS for the current year.

American Healthcare REIT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Investors 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 presently -370.37%.

Analysts Set New Price Targets

Several research firms have recently issued reports on AHR. Jefferies Financial Group began coverage on American Healthcare REIT in a report 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 report on Wednesday, March 19th. JMP Securities set a $35.00 price objective on American Healthcare REIT in a report on Tuesday, March 4th. Morgan Stanley increased their price objective on American Healthcare REIT from $37.00 to $45.00 and gave the company an "overweight" rating in a report on Tuesday, May 20th. Finally, KeyCorp reduced their price objective on American Healthcare REIT from $35.00 to $34.00 and set an "overweight" rating for the company in a report on Monday, March 31st. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus 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.