Marshall Wace LLP Acquires Shares of 196,929 American Healthcare REIT, Inc. (NYSE:AHR)

Marshall Wace LLP acquired a new position in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 196,929 shares of the company's stock, valued at approximately $5,597,000. Marshall Wace LLP owned about 0.13% of American Healthcare REIT as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in AHR. Vanguard Group Inc. increased its stake in shares of American Healthcare REIT by 94.8% during the 4th quarter. Vanguard Group Inc. now owns 15,357,331 shares of the company's stock worth $436,455,000 after purchasing an additional 7,474,374 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in American Healthcare REIT by 54.1% during the third quarter. Principal Financial Group Inc. now owns 9,488,750 shares of the company's stock valued at $247,654,000 after purchasing an additional 3,330,714 shares during the last quarter. Cbre Investment Management Listed Real Assets LLC purchased a new position in shares of American Healthcare REIT in the fourth quarter worth about $33,838,000. Geode Capital Management LLC boosted its holdings in 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 worth $105,171,000 after buying an additional 1,172,670 shares during the period. Finally, Norges Bank bought a new position in shares of American Healthcare REIT in the fourth quarter worth $19,339,000. Institutional investors own 16.68% of the company's stock.

American Healthcare REIT Trading Down 0.1 %

AHR traded down $0.03 during trading on Tuesday, hitting $31.56. 174,200 shares of the stock traded hands, compared to its average volume of 1,767,660. American Healthcare REIT, Inc. has a 12-month low of $13.67 and a 12-month high of $31.70. 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 firm has a 50-day moving average of $29.59 and a 200 day moving average of $28.35. The firm has a market capitalization of $4.97 billion, a P/E ratio of -65.97, a price-to-earnings-growth ratio of 1.57 and a beta of 1.42.

American Healthcare REIT Dividend Announcement

The business also recently announced 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 3.17%. The ex-dividend date of this dividend was Monday, March 31st. American Healthcare REIT's payout ratio is -370.37%.

Analysts Set New Price Targets

AHR has been the topic of a number of recent analyst reports. Jefferies Financial Group initiated coverage on shares of American Healthcare REIT in a report on Monday. They issued a "buy" rating and a $37.00 price target on the stock. KeyCorp reduced their target price 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 reaffirmed an "outperform" rating on shares of 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 report on Wednesday, March 19th. Finally, Morgan Stanley increased their price target 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. Eight research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, American Healthcare REIT presently has an average rating of "Buy" and a consensus target price 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.