Handelsbanken Fonder AB Purchases New Holdings in American Healthcare REIT, Inc. (NYSE:AHR)

Handelsbanken Fonder AB acquired a new position in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 38,800 shares of the company's stock, valued at approximately $1,103,000.

Other large investors have also added to or reduced their stakes in the company. Wellington Management Group LLP increased its position in shares of American Healthcare REIT by 25.7% during the 3rd quarter. Wellington Management Group LLP now owns 13,445,752 shares of the company's stock worth $350,934,000 after purchasing an additional 2,747,960 shares during the last quarter. Principal Financial Group Inc. grew its stake in shares of American Healthcare REIT by 29.0% in the fourth quarter. Principal Financial Group Inc. now owns 12,238,887 shares of the company's stock valued at $347,831,000 after buying an additional 2,750,137 shares in the last quarter. State Street Corp increased its holdings in American Healthcare REIT by 221.6% during the third quarter. State Street Corp now owns 3,683,691 shares of the company's stock worth $96,473,000 after buying an additional 2,538,177 shares during the last quarter. Geode Capital Management LLC raised its position in American Healthcare REIT by 76.4% during the third quarter. Geode Capital Management LLC now owns 2,527,123 shares of the company's stock worth $65,975,000 after acquiring an additional 1,094,296 shares in the last quarter. Finally, FMR LLC acquired a new stake in American Healthcare REIT in the third quarter valued at $56,575,000. Institutional investors and hedge funds own 16.68% of the company's stock.

American Healthcare REIT Stock Performance

AHR stock traded up $0.70 during mid-day trading on Monday, hitting $30.49. 2,543,730 shares of the company were exchanged, compared to its average volume of 1,582,323. American Healthcare REIT, Inc. has a 1-year low of $12.81 and a 1-year high of $30.90. The stock has a market capitalization of $4.67 billion and a PE ratio of -63.52. The business has a 50 day simple moving average of $28.37 and a 200-day simple moving average of $26.39. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.59.

American Healthcare REIT Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Tuesday, December 31st were paid a $0.25 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.00 annualized dividend and a yield of 3.28%. American Healthcare REIT's dividend payout ratio (DPR) is presently -370.37%.

Analysts Set New Price Targets

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

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.