43,996 Shares in American Healthcare REIT, Inc. (NYSE:AHR) Purchased by Transce3nd LLC

Transce3nd LLC purchased a new position in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 43,996 shares of the company's stock, valued at approximately $1,280,000.

Other institutional investors have also modified their holdings of the company. Vanguard Group Inc. lifted its position in American Healthcare REIT by 94.8% in the 4th quarter. Vanguard Group Inc. now owns 15,357,331 shares of the company's stock valued at $436,455,000 after acquiring an additional 7,474,374 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of American Healthcare REIT by 54.1% in 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 period. Cbre Investment Management Listed Real Assets LLC acquired a new position in shares of American Healthcare REIT during the fourth quarter worth about $33,838,000. Geode Capital Management LLC grew its holdings in shares of American Healthcare REIT by 46.4% during the fourth 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 in the last quarter. Finally, Norges Bank acquired a new stake in American Healthcare REIT in the 4th quarter valued at approximately $19,339,000. Institutional investors own 16.68% of the company's stock.

Analyst Ratings Changes

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

American Healthcare REIT Price Performance

Shares of AHR remained flat at $31.08 during trading hours on Friday. 195,403 shares of the stock traded hands, compared to its average volume of 1,762,059. The stock has a market capitalization of $4.90 billion, a price-to-earnings ratio of -64.74, a price-to-earnings-growth ratio of 1.57 and a beta of 1.42. The stock has a 50 day moving average price of $29.45 and a two-hundred day moving average price of $28.20. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37. American Healthcare REIT, Inc. has a 52 week low of $13.35 and a 52 week high of $31.61.

American Healthcare REIT Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 31st were given a $0.25 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.22%. American Healthcare REIT's payout ratio is -370.37%.

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.