Walleye Capital LLC Sells 12,981 Shares of American Healthcare REIT, Inc. (NYSE:AHR)

Walleye Capital LLC reduced its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 60.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,346 shares of the company's stock after selling 12,981 shares during the quarter. Walleye Capital LLC's holdings in American Healthcare REIT were worth $237,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in AHR. Mariner LLC increased its stake in shares of American Healthcare REIT by 12.3% during the 4th quarter. Mariner LLC now owns 60,461 shares of the company's stock worth $1,718,000 after purchasing an additional 6,599 shares during the last quarter. Barclays PLC raised its holdings in American Healthcare REIT by 82.4% in the 4th quarter. Barclays PLC now owns 325,254 shares of the company's stock worth $9,244,000 after acquiring an additional 146,938 shares during the period. SageView Advisory Group LLC boosted its holdings in American Healthcare REIT by 68.0% during the fourth quarter. SageView Advisory Group LLC now owns 14,594 shares of the company's stock valued at $415,000 after acquiring an additional 5,908 shares during the period. Summit Investment Advisors Inc. grew its position in shares of American Healthcare REIT by 97.2% in the fourth quarter. Summit Investment Advisors Inc. now owns 15,907 shares of the company's stock valued at $452,000 after purchasing an additional 7,842 shares during the last quarter. Finally, Sterling Capital Management LLC lifted its position in shares of American Healthcare REIT by 1,626.9% during the 4th quarter. Sterling Capital Management LLC now owns 4,887 shares of the company's stock worth $139,000 after purchasing an additional 4,604 shares during the last quarter. 16.68% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on AHR shares. Citigroup restated an "outperform" rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. JMP Securities set a $35.00 price objective on American Healthcare REIT in a report on Tuesday, March 4th. Jefferies Financial Group assumed coverage on shares of American Healthcare REIT in a research note on Monday. They set a "buy" rating and a $37.00 price target on the stock. Royal Bank of Canada reiterated an "outperform" rating and set a $34.00 target price on shares of American Healthcare REIT in a research report on Wednesday, March 19th. Finally, Morgan Stanley increased their price target on shares of American Healthcare REIT from $36.00 to $37.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 25th. Eight research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $33.86.

American Healthcare REIT Price Performance

Shares of NYSE AHR traded down $0.44 during mid-day trading on Thursday, hitting $31.84. 401,143 shares of the stock were exchanged, compared to its average volume of 1,778,360. The company has a market cap of $5.02 billion, a P/E ratio of -66.36, a PEG ratio of 1.57 and a beta of 1.42. 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 twelve month low of $13.67 and a twelve month high of $33.51. The stock's fifty day simple moving average is $29.77 and its two-hundred day simple moving average is $28.40.

American Healthcare REIT Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 31st were given a $0.25 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.00 annualized dividend and a yield of 3.14%. 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.