Price T Rowe Associates Inc. MD Has $2.89 Million Stock Position in American Healthcare REIT, Inc. (NYSE:AHR)

Price T Rowe Associates Inc. MD increased its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 120.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 101,764 shares of the company's stock after purchasing an additional 55,651 shares during the period. Price T Rowe Associates Inc. MD owned 0.07% of American Healthcare REIT worth $2,893,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Barclays PLC grew its stake in shares of American Healthcare REIT by 135.5% during the third quarter. Barclays PLC now owns 178,316 shares of the company's stock valued at $4,654,000 after acquiring an additional 102,588 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in American Healthcare REIT during the 3rd quarter valued at $28,000. Franklin Resources Inc. lifted its stake in shares of American Healthcare REIT by 13.7% in the 3rd quarter. Franklin Resources Inc. now owns 167,185 shares of the company's stock worth $4,129,000 after acquiring an additional 20,174 shares during the period. Principal Financial Group Inc. boosted its stake 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 buying an additional 3,330,714 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in American Healthcare REIT by 15.9% during the third quarter. JPMorgan Chase & Co. now owns 917,636 shares of the company's stock worth $23,950,000 after buying an additional 125,641 shares in the last quarter. Institutional investors and hedge funds own 16.68% of the company's stock.

American Healthcare REIT Trading Up 8.5 %

American Healthcare REIT stock traded up $2.73 during midday trading on Friday, hitting $34.94. 2,431,093 shares of the stock were exchanged, compared to its average volume of 1,806,483. The company has a fifty day simple moving average of $30.12 and a two-hundred day simple moving average of $28.70. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $5.51 billion, a PE ratio of -72.79, a P/E/G ratio of 1.57 and a beta of 1.40. American Healthcare REIT, Inc. has a 52 week low of $13.67 and a 52 week high of $35.10.

American Healthcare REIT (NYSE:AHR - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $0.38 EPS for the quarter, topping analysts' consensus estimates of $0.37 by $0.01. American Healthcare REIT had a negative return on equity of 1.87% and a negative net margin of 1.84%. The company had revenue of $540.60 million for the quarter, compared to analyst estimates of $542.32 million. During the same quarter last year, the firm posted $0.30 earnings per share. American Healthcare REIT's revenue was up 8.2% compared to the same quarter last year. Equities research analysts anticipate that American Healthcare REIT, Inc. will post 1.41 EPS for the current fiscal year.

American Healthcare REIT Dividend Announcement

The business also recently announced 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 was Monday, March 31st. American Healthcare REIT's payout ratio is presently -370.37%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on AHR. Morgan Stanley upped their price objective 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. Royal Bank of Canada reissued an "outperform" rating and issued a $34.00 price target on shares of American Healthcare REIT in a research note on Wednesday, March 19th. KeyCorp cut their target price on American Healthcare REIT from $35.00 to $34.00 and set an "overweight" rating on the stock in a report on Monday, March 31st. JMP Securities set a $35.00 price objective on shares of American Healthcare REIT in a research note on Tuesday, March 4th. Finally, Jefferies Financial Group initiated coverage on American Healthcare REIT in a research note on Monday, April 28th. They set a "buy" rating and a $37.00 target price for the company. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat.com, American Healthcare REIT presently has a consensus rating of "Buy" and an average target price 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.