Uniplan Investment Counsel Inc. Invests $1.52 Million in American Healthcare REIT, Inc. (NYSE:AHR)

Uniplan Investment Counsel Inc. acquired a new stake 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. The fund acquired 53,455 shares of the company's stock, valued at approximately $1,519,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. OneDigital Investment Advisors LLC boosted its position in American Healthcare REIT by 20.6% during the 4th quarter. OneDigital Investment Advisors LLC now owns 164,415 shares of the company's stock valued at $4,673,000 after purchasing an additional 28,084 shares during the period. Teachers Retirement System of The State of Kentucky raised its stake in American Healthcare REIT by 63.5% during the 4th quarter. Teachers Retirement System of The State of Kentucky now owns 76,715 shares of the company's stock valued at $2,180,000 after acquiring an additional 29,792 shares in the last quarter. Transce3nd LLC bought a new stake in American Healthcare REIT during the 4th quarter valued at $1,280,000. MetLife Investment Management LLC raised its stake in American Healthcare REIT by 83.3% during the 4th quarter. MetLife Investment Management LLC now owns 95,956 shares of the company's stock valued at $2,727,000 after acquiring an additional 43,612 shares in the last quarter. Finally, First Trust Advisors LP raised its stake in American Healthcare REIT by 5.9% during the 4th quarter. First Trust Advisors LP now owns 100,930 shares of the company's stock valued at $2,868,000 after acquiring an additional 5,666 shares in the last quarter. Institutional investors and hedge funds own 16.68% of the company's stock.

American Healthcare REIT Price Performance

Shares of NYSE:AHR traded up $0.03 during trading hours on Friday, hitting $31.11. 573,488 shares of the company's stock traded hands, compared to its average volume of 1,775,203. American Healthcare REIT, Inc. has a 52 week low of $13.67 and a 52 week high of $31.61. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37. The company's fifty day simple moving average is $29.51 and its two-hundred day simple moving average is $28.30. The company has a market cap of $4.90 billion, a price-to-earnings ratio of -64.81, a price-to-earnings-growth ratio of 1.57 and a beta of 1.42.

American Healthcare REIT Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 31st were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.00 annualized dividend and a dividend yield of 3.21%. American Healthcare REIT's dividend payout ratio (DPR) is -370.37%.

Analysts Set New Price Targets

Several analysts have weighed in on AHR shares. 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 research note on Monday, March 31st. Royal Bank of Canada reaffirmed an "outperform" rating and set a $34.00 target price on shares of American Healthcare REIT in a research note on Wednesday, March 19th. Citigroup reaffirmed an "outperform" rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. Morgan Stanley boosted their price objective on 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, JMP Securities set a $35.00 target price on American Healthcare REIT in a research note on Tuesday, March 4th. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat, American Healthcare REIT presently has an average rating of "Buy" and an average price target 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.