American Healthcare REIT, Inc. (NYSE:AHR) is Land & Buildings Investment Management LLC's Largest Position

Land & Buildings Investment Management LLC increased its position in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 2.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,559,204 shares of the company's stock after purchasing an additional 34,189 shares during the period. American Healthcare REIT makes up about 9.0% of Land & Buildings Investment Management LLC's portfolio, making the stock its biggest holding. Land & Buildings Investment Management LLC owned approximately 1.02% of American Healthcare REIT worth $44,313,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in AHR. Vanguard Group Inc. raised its holdings in American Healthcare REIT by 94.8% in the 4th quarter. Vanguard Group Inc. now owns 15,357,331 shares of the company's stock valued at $436,455,000 after acquiring an additional 7,474,374 shares in the last quarter. Principal Financial Group Inc. raised its holdings in American Healthcare REIT by 29.0% in the 4th quarter. Principal Financial Group Inc. now owns 12,238,887 shares of the company's stock valued at $347,831,000 after acquiring an additional 2,750,137 shares in the last quarter. Deutsche Bank AG raised its holdings in American Healthcare REIT by 2.3% in the 4th quarter. Deutsche Bank AG now owns 4,310,788 shares of the company's stock valued at $122,513,000 after acquiring an additional 94,925 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of American Healthcare REIT by 46.4% in the 4th quarter. Geode Capital Management LLC now owns 3,699,793 shares of the company's stock valued at $105,171,000 after purchasing an additional 1,172,670 shares during the last quarter. Finally, Prudential Financial Inc. increased its stake in shares of American Healthcare REIT by 13.6% in the 4th quarter. Prudential Financial Inc. now owns 3,521,182 shares of the company's stock valued at $100,072,000 after purchasing an additional 422,869 shares during the last quarter. 16.68% of the stock is owned by institutional investors and hedge funds.

American Healthcare REIT Trading Up 1.5%

Shares of NYSE:AHR traded up $0.51 during midday trading on Friday, reaching $35.49. The company's stock had a trading volume of 3,286,055 shares, compared to its average volume of 1,837,799. The firm has a market capitalization of $5.59 billion, a price-to-earnings ratio of -73.94, a PEG 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 has a 50 day moving average price of $30.78 and a two-hundred day moving average price of $29.09. American Healthcare REIT, Inc. has a fifty-two week low of $13.67 and a fifty-two week high of $35.51.

American Healthcare REIT (NYSE:AHR - Get Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.37 by $0.01. The company 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 firm's revenue was up 8.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.30 EPS. As a group, analysts forecast that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current year.

American Healthcare REIT Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Investors 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 yield of 2.82%. The ex-dividend date of this dividend was Monday, March 31st. American Healthcare REIT's dividend payout ratio (DPR) is currently -370.37%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. JMP Securities set a $35.00 price target on American Healthcare REIT in a research note on Tuesday, March 4th. Morgan Stanley lifted their price target 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. KeyCorp decreased their price target on American Healthcare REIT from $35.00 to $34.00 and set an "overweight" rating on the stock in a research note on Monday, March 31st. Citigroup reiterated an "outperform" rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. Finally, Royal Bank of Canada reiterated an "outperform" rating and issued a $34.00 price target on shares of American Healthcare REIT in a research note on Wednesday, March 19th. Eight research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $33.86.

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.