Quantbot Technologies LP Has $7.75 Million Stake in American Healthcare REIT, Inc. (NYSE:AHR)

Quantbot Technologies LP grew its holdings in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 212.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 296,817 shares of the company's stock after purchasing an additional 201,753 shares during the period. Quantbot Technologies LP owned about 0.23% of American Healthcare REIT worth $7,747,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Kozak & Associates Inc. purchased a new stake in American Healthcare REIT in the 3rd quarter worth approximately $28,000. Kiely Wealth Advisory Group Inc. acquired a new position in shares of American Healthcare REIT in the second quarter worth $30,000. Amalgamated Bank purchased a new stake in shares of American Healthcare REIT during the second quarter worth $33,000. Tidemark LLC acquired a new stake in American Healthcare REIT during the third quarter valued at $44,000. Finally, Semmax Financial Advisors Inc. acquired a new stake in American Healthcare REIT during the second quarter valued at $45,000. 16.68% of the stock is owned by hedge funds and other institutional investors.

American Healthcare REIT Price Performance

Shares of AHR stock traded up $0.40 during mid-day trading on Tuesday, reaching $29.36. The company's stock had a trading volume of 1,683,513 shares, compared to its average volume of 1,522,979. The firm's 50-day moving average is $25.91 and its two-hundred day moving average is $20.03. The company has a market cap of $4.49 billion and a P/E ratio of -61.17. American Healthcare REIT, Inc. has a 1-year low of $12.63 and a 1-year high of $29.52. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37.

American Healthcare REIT (NYSE:AHR - Get Free Report) last announced its quarterly earnings results on Tuesday, November 12th. The company reported ($0.03) EPS for the quarter, missing analysts' consensus estimates of $0.32 by ($0.35). American Healthcare REIT had a negative return on equity of 1.87% and a negative net margin of 1.84%. The business had revenue of $523.81 million for the quarter, compared to the consensus estimate of $474.26 million. The business's revenue for the quarter was up 12.8% compared to the same quarter last year. On average, research analysts predict that American Healthcare REIT, Inc. will post 1.42 earnings per share for the current year.

American Healthcare REIT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Friday, September 20th were issued a dividend of $0.25 per share. The ex-dividend date was Friday, September 20th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.41%. American Healthcare REIT's payout ratio is presently -208.33%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Bank of America raised their price objective on shares of American Healthcare REIT from $27.00 to $31.00 and gave the company a "buy" rating in a research report on Tuesday, September 24th. KeyCorp raised their price target on shares of American Healthcare REIT from $16.00 to $27.00 and gave the company an "overweight" rating in a report on Monday, September 16th. JMP Securities increased their target price on shares of American Healthcare REIT from $18.00 to $30.00 and gave the stock a "market outperform" rating in a research report on Friday, September 20th. Morgan Stanley boosted their price target on American Healthcare REIT from $17.00 to $22.00 and gave the stock an "overweight" rating in a research report on Thursday, August 22nd. Finally, Colliers Securities raised American Healthcare REIT from a "hold" rating to a "moderate buy" rating in a report on Sunday, October 13th. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $25.13.

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.