American Healthcare REIT, Inc. (NYSE:AHR) Shares Purchased by Voya Investment Management LLC

Voya Investment Management LLC increased its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 59.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 42,534 shares of the company's stock after purchasing an additional 15,910 shares during the period. Voya Investment Management LLC's holdings in American Healthcare REIT were worth $1,209,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in AHR. Geneos Wealth Management Inc. acquired a new stake in American Healthcare REIT in the fourth quarter valued at $758,000. Principal Financial Group Inc. boosted its holdings in shares of American Healthcare REIT by 54.1% in the third quarter. Principal Financial Group Inc. now owns 9,488,750 shares of the company's stock worth $247,654,000 after acquiring an additional 3,330,714 shares during the period. Strategic Financial Concepts LLC bought a new position in American Healthcare REIT in the 4th quarter valued at $331,000. Arkadios Wealth Advisors grew its position in 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 acquiring an additional 14,464 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of American Healthcare REIT by 15.9% during the third quarter. JPMorgan Chase & Co. now owns 917,636 shares of the company's stock valued at $23,950,000 after acquiring an additional 125,641 shares during the last quarter. Institutional investors own 16.68% of the company's stock.

American Healthcare REIT Stock Performance

Shares of American Healthcare REIT stock traded up $2.73 during trading on Friday, reaching $34.94. The company's stock had a trading volume of 2,431,093 shares, compared to its average volume of 1,814,925. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.59. The firm has a market cap of $5.51 billion, a PE ratio of -72.79, a P/E/G ratio of 1.57 and a beta of 1.40. The company has a 50-day moving average price of $30.20 and a two-hundred day moving average price of $28.81. American Healthcare REIT, Inc. has a fifty-two week low of $13.67 and a fifty-two week high of $35.10.

American Healthcare REIT (NYSE:AHR - Get Free Report) last issued its earnings results on Thursday, May 8th. The company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.37 by $0.01. American Healthcare REIT had a negative net margin of 1.84% and a negative return on equity of 1.87%. The company had revenue of $540.60 million for the quarter, compared to analyst estimates of $542.32 million. During the same period in the previous year, the firm earned $0.30 EPS. The business's revenue was up 8.2% on a year-over-year basis. On average, analysts forecast that American Healthcare REIT, Inc. will post 1.41 EPS for the current year.

American Healthcare REIT Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 31st were issued a $0.25 dividend. The ex-dividend date was Monday, March 31st. This represents a $1.00 dividend on an annualized basis and a yield of 2.86%. American Healthcare REIT's dividend payout ratio (DPR) is -370.37%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. JMP Securities set a $35.00 price target on shares of American Healthcare REIT in a report on Tuesday, March 4th. Royal Bank of Canada restated an "outperform" rating and issued a $34.00 price target on shares of American Healthcare REIT in a report on Wednesday, March 19th. Jefferies Financial Group began coverage on shares of American Healthcare REIT in a research report on Monday, April 28th. They set a "buy" rating and a $37.00 target price on the stock. KeyCorp decreased 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 research note on Monday, March 31st. Finally, Citigroup reissued an "outperform" rating on shares of American Healthcare REIT in a report on Tuesday, March 4th. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of "Buy" and an average price target 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.