27,526 Shares in American Healthcare REIT, Inc. (NYSE:AHR) Bought by Peak6 LLC

PEAK6 LLC acquired 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 Securities & Exchange Commission. The institutional investor acquired 27,526 shares of the company's stock, valued at approximately $782,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AHR. Geneos Wealth Management Inc. bought a new position in shares of American Healthcare REIT during the fourth quarter valued at $758,000. Principal Financial Group Inc. grew its position in American Healthcare REIT by 54.1% during the 3rd 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. Geode Capital Management LLC increased its stake in American Healthcare REIT by 76.4% during the 3rd quarter. Geode Capital Management LLC now owns 2,527,123 shares of the company's stock valued at $65,975,000 after purchasing an additional 1,094,296 shares in the last quarter. Strategic Financial Concepts LLC purchased a new position in American Healthcare REIT in the fourth quarter worth about $331,000. Finally, Arkadios Wealth Advisors lifted its stake in shares of American Healthcare REIT by 46.7% in the fourth quarter. Arkadios Wealth Advisors now owns 45,451 shares of the company's stock worth $1,292,000 after buying an additional 14,464 shares in the last quarter. Hedge funds and other institutional investors own 16.68% of the company's stock.

American Healthcare REIT Stock Performance

AHR traded up $0.03 during midday trading on Friday, reaching $31.11. The company had a trading volume of 573,488 shares, compared to its average volume of 1,769,371. The business has a 50-day moving average of $29.51 and a two-hundred day moving average of $28.24. 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 $13.61 and a 1 year high of $31.61. The company has a market cap of $4.90 billion, a P/E ratio of -64.81, a P/E/G ratio of 1.57 and a beta of 1.42.

American Healthcare REIT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 31st were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 3.21%. The ex-dividend date was Monday, March 31st. American Healthcare REIT's dividend payout ratio is -370.37%.

Analyst Upgrades and Downgrades

Several brokerages have commented on AHR. Royal Bank of Canada reiterated an "outperform" rating and set a $34.00 target price on shares of American Healthcare REIT in a research note on Wednesday, March 19th. KeyCorp reduced their price objective on American Healthcare REIT from $35.00 to $34.00 and set an "overweight" rating for the company in a report on Monday, March 31st. Morgan Stanley upped their target price on shares of American Healthcare REIT from $36.00 to $37.00 and gave the company an "overweight" rating in a research note on Tuesday, March 25th. Citigroup reiterated an "outperform" rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. Finally, JMP Securities set a $35.00 price objective on shares of American Healthcare REIT in a research report on Tuesday, March 4th. Seven research analysts have rated the stock with a buy rating, According to data from MarketBeat, American Healthcare REIT presently has an average rating of "Buy" and a consensus target price of $33.33.

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.