Asset Management One Co. Ltd. Buys 18,747 Shares of American Healthcare REIT, Inc. (NYSE:AHR)

Asset Management One Co. Ltd. increased its stake in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 8.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 231,872 shares of the company's stock after buying an additional 18,747 shares during the quarter. Asset Management One Co. Ltd. owned approximately 0.15% of American Healthcare REIT worth $6,604,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in AHR. Charles Schwab Investment Management Inc. raised its stake in American Healthcare REIT by 118.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,907,986 shares of the company's stock valued at $49,798,000 after acquiring an additional 1,034,365 shares during the period. Janus Henderson Group PLC raised its stake in American Healthcare REIT by 79.8% in the 3rd quarter. Janus Henderson Group PLC now owns 94,112 shares of the company's stock valued at $2,456,000 after acquiring an additional 41,755 shares during the period. Foundations Investment Advisors LLC bought a new stake in American Healthcare REIT in the 3rd quarter valued at $568,000. Swiss National Bank raised its stake in American Healthcare REIT by 126.6% in the 3rd quarter. Swiss National Bank now owns 291,400 shares of the company's stock valued at $7,606,000 after acquiring an additional 162,800 shares during the period. Finally, Hilton Capital Management LLC bought a new stake in American Healthcare REIT in the 3rd quarter valued at $4,777,000. Institutional investors and hedge funds own 16.68% of the company's stock.

Analyst Upgrades and Downgrades

AHR has been the topic of a number of research analyst reports. Morgan Stanley increased their price target on American Healthcare REIT from $27.00 to $29.00 and gave the company an "overweight" rating in a research note on Monday, December 30th. Royal Bank of Canada increased their price target on American Healthcare REIT from $28.00 to $30.00 and gave the company an "outperform" rating in a research note on Monday, November 18th. Finally, Truist Financial increased their price objective on American Healthcare REIT from $27.00 to $29.00 and gave the stock a "buy" rating in a research report on Friday, November 15th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $26.00.

American Healthcare REIT Stock Performance

AHR stock traded down $0.56 during trading hours on Friday, hitting $27.32. 1,507,505 shares of the stock were exchanged, compared to its average volume of 1,264,789. The firm has a market capitalization of $4.18 billion and a P/E ratio of -56.91. American Healthcare REIT, Inc. has a 12 month low of $12.81 and a 12 month high of $29.99. 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 company has a 50-day simple moving average of $28.22 and a two-hundred day simple moving average of $25.90.

American Healthcare REIT Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 3.66%. The ex-dividend date of this dividend was Tuesday, December 31st. American Healthcare REIT's dividend payout ratio (DPR) is currently -208.33%.

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.