14,735 Shares in American Healthcare REIT, Inc. (NYSE:AHR) Bought by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. bought a new position in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 14,735 shares of the company's stock, valued at approximately $419,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Janus Henderson Group PLC lifted its stake in shares of American Healthcare REIT by 79.8% in the 3rd 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. Geneos Wealth Management Inc. bought a new position in American Healthcare REIT during the fourth quarter valued at about $758,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of American Healthcare REIT by 407.8% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 356,497 shares of the company's stock worth $9,305,000 after buying an additional 286,292 shares during the last quarter. Zacks Investment Management bought a new stake in shares of American Healthcare REIT during the 3rd quarter worth about $1,129,000. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of American Healthcare REIT during the 3rd quarter worth about $5,552,000. 16.68% of the stock is owned by hedge funds and other institutional investors.

American Healthcare REIT Stock Performance

NYSE AHR traded up $0.34 during midday trading on Friday, hitting $29.30. The company had a trading volume of 1,360,022 shares, compared to its average volume of 1,754,335. The firm has a fifty day simple moving average of $29.11 and a two-hundred day simple moving average of $27.93. American Healthcare REIT, Inc. has a fifty-two week low of $12.81 and a fifty-two week high of $31.61. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.59. The stock has a market cap of $4.62 billion, a price-to-earnings ratio of -61.04, a P/E/G ratio of 1.57 and a beta of 1.42.

American Healthcare REIT Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 31st will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.41%. The ex-dividend date is Monday, March 31st. American Healthcare REIT's dividend payout ratio (DPR) is presently -370.37%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on AHR shares. Royal Bank of Canada restated an "outperform" rating and issued a $34.00 target price on shares of American Healthcare REIT in a report on Wednesday, March 19th. Morgan Stanley upped their price objective on shares of American Healthcare REIT from $36.00 to $37.00 and gave the stock an "overweight" rating in a report on Tuesday, March 25th. JMP Securities set a $35.00 target price on shares of American Healthcare REIT in a research note on Tuesday, March 4th. KeyCorp cut their target price on shares of American Healthcare REIT from $35.00 to $34.00 and set an "overweight" rating for the company in a research report on Monday, March 31st. Finally, Citigroup reaffirmed an "outperform" rating on shares of American Healthcare REIT in a research report on Tuesday, March 4th. Seven equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target 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.