Gamco Investors INC. ET AL Invests $1.15 Million in American Healthcare REIT, Inc. (NYSE:AHR)

Gamco Investors INC. ET AL bought 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. The firm bought 40,500 shares of the company's stock, valued at approximately $1,151,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new position in American Healthcare REIT in the 3rd quarter valued at $28,000. GAMMA Investing LLC raised its position 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 purchasing an additional 504 shares during the last quarter. Carolina Wealth Advisors LLC acquired a new stake in American Healthcare REIT during the 4th quarter worth approximately $29,000. Richardson Capital Management LLC acquired a new position in shares of American Healthcare REIT during the fourth quarter worth $29,000. Finally, Decker Retirement Planning Inc. bought a new stake in shares of American Healthcare REIT in the 4th quarter valued at about $37,000. Institutional investors own 16.68% of the company's stock.

American Healthcare REIT Stock Up 0.8 %

NYSE AHR traded up $0.24 during trading hours on Wednesday, hitting $30.41. The company's stock had a trading volume of 640,141 shares, compared to its average volume of 1,758,540. 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's 50-day simple moving average is $29.34 and its two-hundred day simple moving average is $28.14. The company has a market capitalization of $4.79 billion, a PE ratio of -63.35, a price-to-earnings-growth ratio of 1.57 and a beta of 1.42. American Healthcare REIT, Inc. has a 52 week low of $13.31 and a 52 week high of $31.61.

American Healthcare REIT Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 31st were issued a dividend of $0.25 per share. The ex-dividend date was Monday, March 31st. This represents a $1.00 annualized dividend and a yield of 3.29%. American Healthcare REIT's dividend payout ratio (DPR) is currently -370.37%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. JMP Securities set a $35.00 target price on shares of American Healthcare REIT in a research report on Tuesday, March 4th. Royal Bank of Canada reissued an "outperform" rating and issued a $34.00 price objective on shares of American Healthcare REIT in a research report on Wednesday, March 19th. Morgan Stanley raised their target price on American Healthcare REIT from $36.00 to $37.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 25th. Citigroup reiterated an "outperform" rating on shares of American Healthcare REIT in a report on Tuesday, March 4th. Finally, KeyCorp dropped their target price on shares of American Healthcare REIT from $35.00 to $34.00 and set an "overweight" rating on the stock in a research report on Monday, March 31st. Seven analysts have rated the stock with a buy rating, According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $33.33.

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.