Marshall Wace LLP Purchases New Position in American Healthcare REIT, Inc. (NYSE:AHR)

Marshall Wace LLP bought a new position in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 196,929 shares of the company's stock, valued at approximately $5,597,000. Marshall Wace LLP owned 0.13% of American Healthcare REIT at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of AHR. Geneos Wealth Management Inc. purchased a new position in American Healthcare REIT in the 4th quarter worth approximately $758,000. Principal Financial Group Inc. boosted its stake in shares of American Healthcare REIT by 54.1% in the third quarter. Principal Financial Group Inc. now owns 9,488,750 shares of the company's stock valued at $247,654,000 after purchasing an additional 3,330,714 shares during the period. Strategic Financial Concepts LLC acquired a new stake in American Healthcare REIT during the 4th quarter valued at $331,000. Arkadios Wealth Advisors increased its stake in American Healthcare REIT by 46.7% during the 4th quarter. Arkadios Wealth Advisors now owns 45,451 shares of the company's stock worth $1,292,000 after buying an additional 14,464 shares during the period. Finally, JPMorgan Chase & Co. lifted its holdings in American Healthcare REIT by 15.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 917,636 shares of the company's stock worth $23,950,000 after buying an additional 125,641 shares in the last quarter. Hedge funds and other institutional investors own 16.68% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on AHR shares. Citigroup reaffirmed an "outperform" rating on shares of American Healthcare REIT in a research report on Tuesday, March 4th. JMP Securities set a $35.00 target price on American Healthcare REIT in a research report on Tuesday, March 4th. Morgan Stanley raised their price target on shares of American Healthcare REIT from $36.00 to $37.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 25th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $34.00 price target on shares of American Healthcare REIT in a report on Wednesday, March 19th. Finally, KeyCorp decreased their price objective on shares of American Healthcare REIT from $35.00 to $34.00 and set an "overweight" rating for the company in a report on Monday, March 31st. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $33.33.

American Healthcare REIT Stock Performance

AHR stock opened at $30.41 on Thursday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37. The stock's fifty day moving average is $29.39 and its two-hundred day moving average is $28.16. The stock has a market capitalization of $4.79 billion, a price-to-earnings ratio of -63.35, a PEG ratio of 1.57 and a beta of 1.42. American Healthcare REIT, Inc. has a 1 year low of $13.35 and a 1 year high of $31.61.

American Healthcare REIT Announces Dividend

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

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.

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