HighPoint Advisor Group LLC Has $2.56 Million Stock Holdings in American Healthcare REIT, Inc. (NYSE:AHR)

HighPoint Advisor Group LLC decreased its position in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 34.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 92,739 shares of the company's stock after selling 49,577 shares during the period. HighPoint Advisor Group LLC owned approximately 0.06% of American Healthcare REIT worth $2,561,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new position in American Healthcare REIT during the 3rd quarter worth about $28,000. GAMMA Investing LLC boosted its holdings in shares of American Healthcare REIT by 104.1% in the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company's stock valued at $28,000 after buying an additional 504 shares during the last quarter. Carolina Wealth Advisors LLC bought a new position in shares of American Healthcare REIT in the fourth quarter valued at $29,000. Richardson Capital Management LLC acquired a new position in American Healthcare REIT during the fourth quarter worth $29,000. Finally, Quarry LP bought a new stake in American Healthcare REIT during the third quarter worth $33,000. Institutional investors own 16.68% of the company's stock.

American Healthcare REIT Price Performance

NYSE:AHR traded up $0.03 on Wednesday, hitting $30.81. The company had a trading volume of 2,159,213 shares, compared to its average volume of 1,722,347. American Healthcare REIT, Inc. has a 52 week low of $12.81 and a 52 week high of $31.40. 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 stock has a market capitalization of $4.85 billion and a price-to-earnings ratio of -64.19. The firm has a 50 day moving average of $29.15 and a two-hundred day moving average of $27.73.

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American Healthcare REIT Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 3.25%. The ex-dividend date of this dividend is Monday, March 31st. American Healthcare REIT's dividend payout ratio (DPR) is currently -370.37%.

Analyst Ratings Changes

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

American Healthcare REIT Company 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.