Bailard Inc. Makes New $335,000 Investment in American Healthcare REIT, Inc. (NYSE:AHR)

Bailard Inc. acquired a new stake in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 11,800 shares of the company's stock, valued at approximately $335,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of AHR. Charles Schwab Investment Management Inc. boosted its stake in shares of American Healthcare REIT by 118.4% during 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 buying an additional 1,034,365 shares during the period. Janus Henderson Group PLC boosted its position in American Healthcare REIT by 79.8% during the third quarter. Janus Henderson Group PLC now owns 94,112 shares of the company's stock valued at $2,456,000 after purchasing an additional 41,755 shares during the last quarter. Swiss National Bank increased its position in American Healthcare REIT by 126.6% in the 3rd quarter. Swiss National Bank now owns 291,400 shares of the company's stock worth $7,606,000 after purchasing an additional 162,800 shares during the last quarter. Hilton Capital Management LLC purchased a new stake in shares of American Healthcare REIT during the 3rd quarter worth about $4,777,000. Finally, Geneos Wealth Management Inc. acquired a new stake in shares of American Healthcare REIT during the 4th quarter valued at about $758,000. Institutional investors own 16.68% of the company's stock.

American Healthcare REIT Stock Performance

NYSE:AHR traded down $1.34 during trading hours on Thursday, hitting $29.05. 797,082 shares of the company traded hands, compared to its average volume of 1,590,304. The firm has a 50-day moving average of $28.50 and a 200 day moving average of $26.58. American Healthcare REIT, Inc. has a twelve month low of $12.81 and a twelve month high of $30.97. 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 $4.45 billion and a price-to-earnings ratio of -60.39.

American Healthcare REIT Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 3.44%. The ex-dividend date of this dividend was Tuesday, December 31st. American Healthcare REIT's dividend payout ratio (DPR) is -370.37%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Morgan Stanley raised their price objective on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company an "overweight" rating in a research report on Monday, December 30th. Truist Financial upped their price objective on shares of American Healthcare REIT from $27.00 to $29.00 and gave the stock a "buy" rating in a report on Friday, November 15th. Finally, Royal Bank of Canada upped their price target on American Healthcare REIT from $28.00 to $30.00 and gave the stock an "outperform" rating in a research note on Monday, November 18th. Seven research analysts have rated the stock with a buy rating, According to MarketBeat, American Healthcare REIT has an average rating of "Buy" and a consensus target price of $27.71.

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.