American Healthcare REIT, Inc. (NYSE:AHR) is GRS Advisors LLC's 7th Largest Position

GRS Advisors LLC boosted its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 1.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,744,252 shares of the company's stock after purchasing an additional 28,963 shares during the period. American Healthcare REIT makes up about 4.9% of GRS Advisors LLC's portfolio, making the stock its 7th biggest position. GRS Advisors LLC owned approximately 1.14% of American Healthcare REIT worth $49,572,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. GAMMA Investing LLC boosted its stake in American Healthcare REIT by 104.1% during the fourth 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. Richardson Capital Management LLC acquired a new stake in American Healthcare REIT during the fourth quarter worth approximately $29,000. Carolina Wealth Advisors LLC acquired a new stake in American Healthcare REIT during the fourth quarter worth approximately $29,000. Wilmington Savings Fund Society FSB acquired a new stake in American Healthcare REIT during the third quarter worth approximately $28,000. Finally, Decker Retirement Planning Inc. purchased a new position in shares of American Healthcare REIT during the fourth quarter worth approximately $37,000. Hedge funds and other institutional investors own 16.68% of the company's stock.

Analysts Set New Price Targets

AHR has been the topic of several recent research reports. Citigroup reiterated an "outperform" rating on shares of American Healthcare REIT in a research report on Tuesday, March 4th. Morgan Stanley increased their price objective on shares of American Healthcare REIT from $36.00 to $37.00 and gave the company an "overweight" rating in a research report on Tuesday, March 25th. Jefferies Financial Group began coverage on shares of American Healthcare REIT in a report on Monday, April 28th. They issued a "buy" rating and a $37.00 price objective for the company. Royal Bank of Canada restated an "outperform" rating and set a $34.00 price objective on shares of American Healthcare REIT in a research note on Wednesday, March 19th. Finally, JMP Securities set a $35.00 price target on American Healthcare REIT in a research note on Tuesday, March 4th. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat, American Healthcare REIT has a consensus rating of "Buy" and an average price target of $33.86.

American Healthcare REIT Stock Performance

NYSE:AHR traded up $0.87 during mid-day trading on Thursday, hitting $35.06. 78,084 shares of the stock were exchanged, compared to its average volume of 1,815,219. The stock has a market capitalization of $5.52 billion, a price-to-earnings ratio of -72.88, a price-to-earnings-growth ratio of 1.57 and a beta of 1.40. 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's 50-day simple moving average is $30.40 and its 200 day simple moving average is $28.92. American Healthcare REIT, Inc. has a fifty-two week low of $13.67 and a fifty-two week high of $35.25.

American Healthcare REIT (NYSE:AHR - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $0.38 earnings per share for the quarter, topping analysts' consensus estimates of $0.37 by $0.01. The business had revenue of $540.60 million for the quarter, compared to analyst estimates of $542.32 million. American Healthcare REIT had a negative return on equity of 1.87% and a negative net margin of 1.84%. American Healthcare REIT's quarterly revenue was up 8.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.30 EPS. As a group, equities analysts anticipate that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 31st were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.00 annualized dividend and a dividend yield of 2.85%. American Healthcare REIT's dividend payout ratio is currently -370.37%.

About American Healthcare REIT

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.