Lighthouse Investment Partners LLC Acquires New Holdings in American Healthcare REIT, Inc. (NYSE:AHR)

Lighthouse Investment Partners LLC bought a new position in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 425,000 shares of the company's stock, valued at approximately $12,078,000. Lighthouse Investment Partners LLC owned 0.28% of American Healthcare REIT as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. Diversify Advisory Services LLC boosted its stake in American Healthcare REIT by 1.3% during the fourth quarter. Diversify Advisory Services LLC now owns 35,070 shares of the company's stock worth $955,000 after buying an additional 436 shares during the period. Benjamin Edwards Inc. lifted its holdings in shares of American Healthcare REIT by 3.4% in the 4th quarter. Benjamin Edwards Inc. now owns 13,924 shares of the company's stock worth $396,000 after acquiring an additional 455 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of 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 acquiring an additional 504 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake 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 period. Finally, IFP Advisors Inc grew its holdings in American Healthcare REIT by 14.4% during the 4th quarter. IFP Advisors Inc now owns 4,683 shares of the company's stock valued at $134,000 after purchasing an additional 591 shares during the last quarter. Institutional investors own 16.68% of the company's stock.

American Healthcare REIT Stock Up 2.3%

Shares of AHR traded up $0.79 during midday trading on Thursday, reaching $34.98. 1,659,210 shares of the stock were exchanged, compared to its average volume of 1,821,258. The company has a market capitalization of $5.51 billion, a P/E ratio of -72.88, a PEG ratio of 1.57 and a beta of 1.40. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.59. American Healthcare REIT, Inc. has a 52 week low of $13.67 and a 52 week high of $35.31. The company's 50 day moving average is $30.65 and its two-hundred day moving average is $29.02.

American Healthcare REIT (NYSE:AHR - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.38 earnings per share (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 company had revenue of $540.60 million for the quarter, compared to analysts' expectations of $542.32 million. During the same period in the prior year, the business earned $0.30 EPS. The firm's quarterly revenue was up 8.2% on a year-over-year basis. On average, sell-side analysts anticipate that American Healthcare REIT, Inc. will post 1.41 earnings per share for the current year.

American Healthcare REIT Dividend Announcement

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

Wall Street Analysts Forecast Growth

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