Russell Investments Group Ltd. Trims Stock Holdings in American Healthcare REIT, Inc. (NYSE:AHR)

Russell Investments Group Ltd. lessened its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 7.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,485,226 shares of the company's stock after selling 126,756 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.97% of American Healthcare REIT worth $42,210,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB bought a new stake in shares of American Healthcare REIT during the 3rd quarter valued at about $28,000. GAMMA Investing LLC boosted its position in American Healthcare REIT by 104.1% in the fourth quarter. GAMMA Investing LLC now owns 988 shares of the company's stock worth $28,000 after purchasing an additional 504 shares during the last quarter. Carolina Wealth Advisors LLC purchased a new position in shares of American Healthcare REIT during the 4th quarter worth $29,000. Richardson Capital Management LLC purchased a new stake in American Healthcare REIT in the fourth quarter worth about $29,000. Finally, Quarry LP purchased a new stake in American Healthcare REIT in the 3rd quarter worth approximately $33,000. Institutional investors own 16.68% of the company's stock.

American Healthcare REIT Trading Up 1.2 %

American Healthcare REIT stock traded up $0.34 during trading on Friday, reaching $29.30. 1,360,022 shares of the company were exchanged, compared to its average volume of 1,754,335. The stock's 50 day simple moving average is $29.11 and its two-hundred day simple moving average is $27.93. The company has a market capitalization of $4.62 billion, a P/E ratio of -61.04, a PEG ratio of 1.57 and a beta of 1.42. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37. American Healthcare REIT, Inc. has a 52-week low of $12.81 and a 52-week high of $31.61.

American Healthcare REIT Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 31st will be issued a $0.25 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.00 annualized dividend and a yield of 3.41%. American Healthcare REIT's payout ratio is -370.37%.

Analysts Set New Price Targets

AHR has been the topic of several recent analyst reports. Morgan Stanley lifted 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 report on Tuesday, March 25th. KeyCorp lowered their target price on shares of American Healthcare REIT from $35.00 to $34.00 and set an "overweight" rating for the company in a report on Monday, March 31st. JMP Securities set a $35.00 price target on American Healthcare REIT in a research note on Tuesday, March 4th. Citigroup reissued an "outperform" rating on shares of American Healthcare REIT in a research report on Tuesday, March 4th. Finally, Royal Bank of Canada reissued an "outperform" rating and set a $34.00 price target on shares of American Healthcare REIT in a research report on Wednesday, March 19th. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $33.33.

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.