Hsbc Holdings PLC Has $3.56 Million Holdings in American Healthcare REIT, Inc. (NYSE:AHR)

Hsbc Holdings PLC increased its stake in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 103.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 125,244 shares of the company's stock after purchasing an additional 63,762 shares during the quarter. Hsbc Holdings PLC owned 0.08% of American Healthcare REIT worth $3,559,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Diversify Advisory Services LLC grew its stake in American Healthcare REIT by 1.3% in the 4th quarter. Diversify Advisory Services LLC now owns 35,070 shares of the company's stock valued at $955,000 after acquiring an additional 436 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of American Healthcare REIT by 104.1% during the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company's stock worth $28,000 after purchasing an additional 504 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of American Healthcare REIT by 4.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 13,915 shares of the company's stock worth $395,000 after purchasing an additional 533 shares during the last quarter. IFP Advisors Inc lifted its stake in American Healthcare REIT by 14.4% in the 4th quarter. IFP Advisors Inc now owns 4,683 shares of the company's stock valued at $134,000 after buying an additional 591 shares in the last quarter. Finally, Fiduciary Alliance LLC grew its holdings in American Healthcare REIT by 8.0% during the 4th quarter. Fiduciary Alliance LLC now owns 10,170 shares of the company's stock valued at $289,000 after buying an additional 754 shares during the last quarter. Institutional investors and hedge funds own 16.68% of the company's stock.

Analyst Upgrades and Downgrades

AHR has been the topic of a number of analyst reports. KeyCorp decreased their target price on shares of American Healthcare REIT from $35.00 to $34.00 and set an "overweight" rating on the stock in a research report on Monday, March 31st. Citigroup reiterated an "outperform" rating on shares of American Healthcare REIT in a report on Tuesday, March 4th. JMP Securities set a $35.00 target price on American Healthcare REIT in a research note on Tuesday, March 4th. Royal Bank of Canada reiterated 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, Morgan Stanley raised their target price on shares of American Healthcare REIT from $36.00 to $37.00 and gave the stock an "overweight" rating in a report on Tuesday, March 25th. Eight equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company has an average rating of "Buy" and an average price target of $33.86.

American Healthcare REIT Stock Down 0.7 %

Shares of NYSE:AHR traded down $0.23 during trading on Monday, reaching $32.32. 152,445 shares of the company traded hands, compared to its average volume of 1,788,866. The firm has a fifty day simple moving average of $29.92 and a 200 day simple moving average of $28.55. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.59. American Healthcare REIT, Inc. has a 1-year low of $13.67 and a 1-year high of $32.59. The firm has a market cap of $5.09 billion, a P/E ratio of -67.33, a price-to-earnings-growth ratio of 1.57 and a beta of 1.40.

American Healthcare REIT Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 31st were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.09%. The ex-dividend date was Monday, March 31st. American Healthcare REIT's dividend payout ratio (DPR) is presently -370.37%.

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.