American Healthcare REIT, Inc. (NYSE:AHR) Shares Bought by HighTower Advisors LLC

HighTower Advisors LLC grew its holdings in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 30.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 69,983 shares of the company's stock after buying an additional 16,383 shares during the period. HighTower Advisors LLC's holdings in American Healthcare REIT were worth $1,989,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of AHR. Diversify Advisory Services LLC grew its holdings in American Healthcare REIT by 1.3% during the 4th quarter. Diversify Advisory Services LLC now owns 35,070 shares of the company's stock worth $955,000 after acquiring an additional 436 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of 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 purchasing an additional 504 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in American Healthcare REIT by 4.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 13,915 shares of the company's stock valued at $395,000 after buying an additional 533 shares during the period. IFP Advisors Inc raised its stake in American Healthcare REIT by 14.4% in the fourth quarter. IFP Advisors Inc now owns 4,683 shares of the company's stock worth $134,000 after buying an additional 591 shares in the last quarter. Finally, Fiduciary Alliance LLC increased its holdings in shares of American Healthcare REIT by 8.0% in the 4th quarter. Fiduciary Alliance LLC now owns 10,170 shares of the company's stock valued at $289,000 after acquiring an additional 754 shares during the period. 16.68% of the stock is owned by institutional investors.

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American Healthcare REIT Price Performance

Shares of NYSE:AHR traded up $0.11 during trading on Thursday, reaching $29.95. 1,981,741 shares of the company's stock traded hands, compared to its average volume of 1,672,070. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.59. American Healthcare REIT, Inc. has a fifty-two week low of $12.81 and a fifty-two week high of $30.97. The company has a 50-day simple moving average of $28.92 and a 200-day simple moving average of $27.48. The firm has a market cap of $4.72 billion and a PE ratio of -62.39.

American Healthcare REIT Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 31st will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 3.34%. The ex-dividend date is Monday, March 31st. American Healthcare REIT's payout ratio is presently -370.37%.

Analysts Set New Price Targets

Several research firms have issued reports on AHR. Royal Bank of Canada reiterated an "outperform" rating and issued a $34.00 target price on shares of American Healthcare REIT in a research note on Wednesday, March 19th. JMP Securities set a $35.00 price objective on shares of American Healthcare REIT in a research report on Tuesday, March 4th. Citigroup reissued an "outperform" rating on shares of American Healthcare REIT in a research report on Tuesday, March 4th. Finally, Morgan Stanley upped their price target on American Healthcare REIT from $36.00 to $37.00 and gave the stock an "overweight" rating in a research report on Tuesday. Seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $32.17.

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.