Cbre Investment Management Listed Real Assets LLC Acquires Shares of 1,190,634 American Healthcare REIT, Inc. (NYSE:AHR)

Cbre Investment Management Listed Real Assets LLC acquired a new stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,190,634 shares of the company's stock, valued at approximately $33,838,000. Cbre Investment Management Listed Real Assets LLC owned 0.78% of American Healthcare REIT at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new position in shares of American Healthcare REIT in the third quarter valued at $28,000. GAMMA Investing LLC boosted its holdings in American Healthcare REIT by 104.1% during 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 period. Carolina Wealth Advisors LLC acquired a new stake in shares of American Healthcare REIT in the fourth quarter worth $29,000. Richardson Capital Management LLC bought a new position in American Healthcare REIT during the fourth quarter valued at about $29,000. Finally, Quarry LP acquired a new position in shares of American Healthcare REIT in the 3rd quarter valued at $33,000. Institutional investors own 16.68% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on AHR. Truist Financial increased their target price on shares of American Healthcare REIT from $27.00 to $29.00 and gave the stock a "buy" rating in a research report on Friday, November 15th. Morgan Stanley raised their target price on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company an "overweight" rating in a research note on Monday, December 30th. Finally, Royal Bank of Canada lifted their price objective 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 analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, American Healthcare REIT currently has a consensus rating of "Buy" and a consensus price target of $27.71.

American Healthcare REIT Price Performance

Shares of AHR stock traded down $1.36 on Thursday, hitting $29.03. 1,389,409 shares of the company's stock were exchanged, compared to its average volume of 1,592,436. The stock has a market cap of $4.44 billion and a P/E ratio of -60.47. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37. The company has a 50 day moving average of $28.50 and a 200 day moving average of $26.58. American Healthcare REIT, Inc. has a 12 month low of $12.81 and a 12 month high of $30.97.

American Healthcare REIT Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Tuesday, December 31st were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.45%. The ex-dividend date of this dividend was Tuesday, December 31st. American Healthcare REIT's dividend payout ratio is currently -370.37%.

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.