FJ Capital Management LLC Increases Stock Position in American Healthcare REIT, Inc. (NYSE:AHR)

FJ Capital Management LLC boosted its position in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 54.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,131 shares of the company's stock after acquiring an additional 12,068 shares during the quarter. FJ Capital Management LLC's holdings in American Healthcare REIT were worth $970,000 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. Geneos Wealth Management Inc. bought a new position in shares of American Healthcare REIT during the fourth quarter valued at about $758,000. Principal Financial Group Inc. grew its stake in shares of American Healthcare REIT by 54.1% during the third quarter. Principal Financial Group Inc. now owns 9,488,750 shares of the company's stock valued at $247,654,000 after buying an additional 3,330,714 shares during the last quarter. Strategic Financial Concepts LLC bought a new position in shares of American Healthcare REIT during the fourth quarter valued at about $331,000. Arkadios Wealth Advisors grew its stake in shares of American Healthcare REIT by 46.7% during the fourth quarter. Arkadios Wealth Advisors now owns 45,451 shares of the company's stock valued at $1,292,000 after buying an additional 14,464 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its stake in shares of American Healthcare REIT by 15.9% during the third quarter. JPMorgan Chase & Co. now owns 917,636 shares of the company's stock valued at $23,950,000 after buying an additional 125,641 shares during the last quarter. 16.68% of the stock is owned by institutional investors.

American Healthcare REIT Stock Up 8.5%

AHR traded up $2.73 on Friday, hitting $34.94. The company had a trading volume of 2,431,093 shares, compared to its average volume of 1,814,925. 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, Inc. has a 52-week low of $13.67 and a 52-week high of $35.10. The stock has a fifty day simple moving average of $30.20 and a 200-day simple moving average of $28.81. The firm has a market capitalization of $5.51 billion, a P/E ratio of -72.79, a P/E/G ratio of 1.57 and a beta of 1.40.

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 the consensus estimate 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 during the quarter, compared to analyst estimates of $542.32 million. During the same period last year, the business posted $0.30 earnings per share. American Healthcare REIT's quarterly revenue was up 8.2% compared to the same quarter last year. As a group, equities analysts expect that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts have recently issued reports on AHR shares. Morgan Stanley raised their price objective on American Healthcare REIT from $36.00 to $37.00 and gave the company an "overweight" rating in a research note on Tuesday, March 25th. JMP Securities set a $35.00 target price on shares of American Healthcare REIT in a report on Tuesday, March 4th. Royal Bank of Canada reiterated an "outperform" rating and set a $34.00 target price on shares of American Healthcare REIT in a report on Wednesday, March 19th. KeyCorp dropped their target price on shares of American Healthcare REIT from $35.00 to $34.00 and set an "overweight" rating for the company in a report on Monday, March 31st. Finally, Jefferies Financial Group assumed coverage on shares of American Healthcare REIT in a report on Monday, April 28th. They set a "buy" rating and a $37.00 target price for the company. Eight analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, American Healthcare REIT currently has an average rating of "Buy" and a consensus target price of $33.86.

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.