Peak6 LLC Buys Shares of 27,526 American Healthcare REIT, Inc. (NYSE:AHR)

PEAK6 LLC acquired a new stake in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 27,526 shares of the company's stock, valued at approximately $782,000.

Several other hedge funds have also recently made changes to their positions in the business. Diversify Advisory Services LLC lifted its stake in shares of 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 during the last quarter. GAMMA Investing LLC increased its holdings in American Healthcare REIT by 104.1% during the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company's stock worth $28,000 after purchasing an additional 504 shares during the period. Janney Montgomery Scott LLC raised its position in American Healthcare REIT by 4.0% during the 4th quarter. Janney Montgomery Scott LLC now owns 13,915 shares of the company's stock valued at $395,000 after purchasing an additional 533 shares in the last quarter. IFP Advisors Inc grew its position in shares of American Healthcare REIT by 14.4% during the 4th 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 raised its holdings in shares of American Healthcare REIT by 8.0% in the fourth quarter. Fiduciary Alliance LLC now owns 10,170 shares of the company's stock valued at $289,000 after acquiring an additional 754 shares in the last quarter. 16.68% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

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

American Healthcare REIT Stock Performance

NYSE AHR traded up $0.24 during mid-day trading on Wednesday, reaching $30.41. 1,040,928 shares of the stock were exchanged, compared to its average volume of 1,762,641. American Healthcare REIT, Inc. has a 1 year low of $13.35 and a 1 year high of $31.61. 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 business's 50 day moving average is $29.34 and its 200-day moving average is $28.14. The company has a market capitalization of $4.79 billion, a P/E ratio of -63.35, a P/E/G ratio of 1.57 and a beta of 1.42.

American Healthcare REIT Dividend Announcement

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