American Healthcare REIT, Inc. (NYSE:AHR) Shares Purchased by Swiss National Bank

Swiss National Bank grew its stake in American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 126.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 291,400 shares of the company's stock after acquiring an additional 162,800 shares during the quarter. Swiss National Bank owned about 0.22% of American Healthcare REIT worth $7,606,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in AHR. Manning & Napier Advisors LLC acquired a new position in shares of American Healthcare REIT during the 2nd quarter valued at about $3,317,000. Foundations Investment Advisors LLC acquired a new stake in shares of American Healthcare REIT during the 3rd quarter worth $568,000. Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in American Healthcare REIT by 116.7% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,130,266 shares of the company's stock valued at $16,513,000 after acquiring an additional 608,656 shares during the last quarter. Renaissance Technologies LLC acquired a new stake in American Healthcare REIT during the second quarter worth about $3,821,000. Finally, Vanguard Group Inc. purchased a new position in shares of American Healthcare REIT in the 1st quarter worth about $16,205,000. Hedge funds and other institutional investors own 16.68% of the company's stock.

American Healthcare REIT Stock Performance

Shares of NYSE:AHR traded up $0.40 during trading hours on Tuesday, hitting $29.36. The stock had a trading volume of 1,683,295 shares, compared to its average volume of 1,522,978. 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 simple moving average is $25.91 and its 200 day simple moving average is $20.03. The firm has a market capitalization of $4.49 billion and a price-to-earnings ratio of -60.33. American Healthcare REIT, Inc. has a 1-year low of $12.63 and a 1-year high of $29.52.

American Healthcare REIT (NYSE:AHR - Get Free Report) last issued 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). The business had revenue of $523.81 million for the quarter, compared to analyst estimates of $474.26 million. American Healthcare REIT had a negative net margin of 1.84% and a negative return on equity of 1.87%. American Healthcare REIT's revenue for the quarter was up 12.8% compared to the same quarter last year. Sell-side analysts anticipate that American Healthcare REIT, Inc. will post 1.42 earnings per share for the current fiscal year.

American Healthcare REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Friday, September 20th were issued a $0.25 dividend. The ex-dividend date of this dividend was Friday, September 20th. This represents a $1.00 annualized dividend and a dividend yield of 3.41%. American Healthcare REIT's dividend payout ratio (DPR) is -208.33%.

Analyst Ratings Changes

A number of brokerages recently weighed in on AHR. KeyCorp upped their price target on shares of American Healthcare REIT from $16.00 to $27.00 and gave the stock an "overweight" rating in a research report on Monday, September 16th. Royal Bank of Canada increased their price objective on shares of American Healthcare REIT from $28.00 to $30.00 and gave the company an "outperform" rating in a research report on Monday, November 18th. Truist Financial upped their target price on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company a "buy" rating in a research note on Friday, November 15th. JMP Securities increased their price target on American Healthcare REIT from $18.00 to $30.00 and gave the company a "market outperform" rating in a report on Friday, September 20th. Finally, Colliers Securities raised shares of 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 assigned a buy rating to the company's stock. Based on data from MarketBeat.com, American Healthcare REIT presently has a consensus rating of "Moderate Buy" and an average target price of $25.13.

American Healthcare REIT 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.