Sheaff Brock Investment Advisors LLC Invests $633,000 in American Healthcare REIT, Inc. (NYSE:AHR)

Sheaff Brock Investment Advisors LLC bought a new position in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 22,278 shares of the company's stock, valued at approximately $633,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. boosted its position in shares of American Healthcare REIT by 118.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,907,986 shares of the company's stock worth $49,798,000 after acquiring an additional 1,034,365 shares in the last quarter. Janus Henderson Group PLC lifted its holdings 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. Foundations Investment Advisors LLC purchased a new stake in shares of American Healthcare REIT in the 3rd quarter valued at about $568,000. Swiss National Bank lifted its holdings in shares of American Healthcare REIT by 126.6% in the 3rd quarter. Swiss National Bank now owns 291,400 shares of the company's stock valued at $7,606,000 after purchasing an additional 162,800 shares during the last quarter. Finally, Hilton Capital Management LLC purchased a new stake in shares of American Healthcare REIT in the 3rd quarter valued at about $4,777,000. 16.68% of the stock is owned by institutional investors and hedge funds.

American Healthcare REIT Stock Performance

American Healthcare REIT stock traded down $0.39 during trading hours on Wednesday, reaching $27.65. 525,468 shares of the stock were exchanged, compared to its average volume of 1,225,164. The stock has a market cap of $4.23 billion and a P/E ratio of -57.60. 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, Inc. has a 52-week low of $12.81 and a 52-week high of $29.99. The firm's 50 day moving average is $28.26 and its 200 day moving average is $25.64.

American Healthcare REIT Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st were paid a dividend of $0.25 per share. The ex-dividend date was Tuesday, December 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.62%. American Healthcare REIT's dividend payout ratio (DPR) is presently -208.33%.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Morgan Stanley boosted their target price on American Healthcare REIT from $27.00 to $29.00 and gave the company an "overweight" rating in a report on Monday, December 30th. Truist Financial boosted their target price on American Healthcare REIT from $27.00 to $29.00 and gave the company a "buy" rating in a report on Friday, November 15th. Finally, Royal Bank of Canada boosted their target price on American Healthcare REIT from $28.00 to $30.00 and gave the company an "outperform" rating in a report on Monday, November 18th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $26.00.

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.