Gamco Investors INC. ET AL Buys Shares of 40,500 American Healthcare REIT, Inc. (NYSE:AHR)

Gamco Investors INC. ET AL acquired a new stake in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The firm acquired 40,500 shares of the company's stock, valued at approximately $1,151,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AHR. Wilmington Savings Fund Society FSB bought a new position in American Healthcare REIT in the 3rd quarter worth approximately $28,000. GAMMA Investing LLC boosted its holdings in American Healthcare REIT by 104.1% in the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company's stock worth $28,000 after buying an additional 504 shares during the period. Carolina Wealth Advisors LLC bought a new position in American Healthcare REIT in the 4th quarter worth approximately $29,000. Richardson Capital Management LLC bought a new position in American Healthcare REIT in the 4th quarter valued at $29,000. Finally, Decker Retirement Planning Inc. bought a new position in American Healthcare REIT in the 4th quarter valued at $37,000. Hedge funds and other institutional investors own 16.68% of the company's stock.

American Healthcare REIT Stock Up 2.0 %

AHR stock traded up $0.60 on Thursday, reaching $31.01. 386,532 shares of the company traded hands, compared to its average volume of 1,757,292. American Healthcare REIT, Inc. has a one year low of $13.35 and a one year high of $31.61. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37. The company has a market cap of $4.89 billion, a P/E ratio of -64.54, a price-to-earnings-growth ratio of 1.57 and a beta of 1.42. The firm has a fifty day simple moving average of $29.39 and a 200-day simple moving average of $28.16.

American Healthcare REIT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 31st were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.22%. The ex-dividend date was Monday, March 31st. American Healthcare REIT's dividend payout ratio (DPR) is presently -370.37%.

Analyst Ratings Changes

Several brokerages have commented on AHR. JMP Securities set a $35.00 price target on shares of American Healthcare REIT in a report on Tuesday, March 4th. Royal Bank of Canada reiterated an "outperform" rating and issued a $34.00 price objective on shares of American Healthcare REIT in a report on Wednesday, March 19th. Morgan Stanley upped their price objective on American Healthcare REIT from $36.00 to $37.00 and gave the stock an "overweight" rating in a report on Tuesday, March 25th. Citigroup reaffirmed an "outperform" rating on shares of American Healthcare REIT in a research report on Tuesday, March 4th. Finally, KeyCorp lowered their price target on American Healthcare REIT from $35.00 to $34.00 and set an "overweight" rating for the company in a research report on Monday, March 31st. Seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $33.33.

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.