American Healthcare REIT, Inc. (NYSE:AHR) Shares Acquired by Allworth Financial LP

Allworth Financial LP boosted its holdings in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 263.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,928 shares of the company's stock after acquiring an additional 10,816 shares during the period. Allworth Financial LP's holdings in American Healthcare REIT were worth $422,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new position in American Healthcare REIT in the third quarter valued at approximately $28,000. GAMMA Investing LLC lifted its holdings in American Healthcare REIT by 104.1% in the fourth quarter. GAMMA Investing LLC now owns 988 shares of the company's stock valued at $28,000 after acquiring an additional 504 shares during the last quarter. Carolina Wealth Advisors LLC acquired a new position in American Healthcare REIT in the fourth quarter valued at approximately $29,000. Quarry LP acquired a new position in American Healthcare REIT in the third quarter valued at approximately $33,000. Finally, Decker Retirement Planning Inc. acquired a new position in American Healthcare REIT in the fourth quarter valued at approximately $37,000. 16.68% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Royal Bank of Canada upped their price objective on American Healthcare REIT from $28.00 to $30.00 and gave the company an "outperform" rating in a report on Monday, November 18th. Truist Financial upped their price target on American Healthcare REIT from $27.00 to $29.00 and gave the stock a "buy" rating in a research note on Friday, November 15th. Finally, Morgan Stanley upped their price target on American Healthcare REIT from $27.00 to $29.00 and gave the stock an "overweight" rating in a research note on Monday, December 30th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, American Healthcare REIT presently has an average rating of "Moderate Buy" and a consensus price target of $26.00.

American Healthcare REIT Stock Up 1.8 %

Shares of NYSE AHR traded up $0.50 during mid-day trading on Monday, hitting $27.81. The company had a trading volume of 1,178,488 shares, compared to its average volume of 1,254,022. The company has a market capitalization of $4.26 billion and a PE ratio of -57.94. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37. American Healthcare REIT, Inc. has a 1-year low of $12.81 and a 1-year high of $29.99. The business's 50-day simple moving average is $28.21 and its 200 day simple moving average is $26.04.

American Healthcare REIT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 3.60%. The ex-dividend date of this dividend was Tuesday, December 31st. American Healthcare REIT's payout ratio is currently -208.33%.

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.