American Healthcare REIT, Inc. (NYSE:AHR) Shares Sold by Walleye Capital LLC

Walleye Capital LLC cut its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR - Free Report) by 60.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,346 shares of the company's stock after selling 12,981 shares during the period. Walleye Capital LLC's holdings in American Healthcare REIT were worth $237,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of AHR. Vanguard Group Inc. raised its position in American Healthcare REIT by 94.8% during the fourth quarter. Vanguard Group Inc. now owns 15,357,331 shares of the company's stock valued at $436,455,000 after purchasing an additional 7,474,374 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of American Healthcare REIT by 29.0% during the fourth quarter. Principal Financial Group Inc. now owns 12,238,887 shares of the company's stock valued at $347,831,000 after buying an additional 2,750,137 shares during the last quarter. Geode Capital Management LLC raised its position in American Healthcare REIT by 46.4% during the 4th quarter. Geode Capital Management LLC now owns 3,699,793 shares of the company's stock valued at $105,171,000 after purchasing an additional 1,172,670 shares during the last quarter. Prudential Financial Inc. lifted its stake in American Healthcare REIT by 13.6% in the fourth quarter. Prudential Financial Inc. now owns 3,521,182 shares of the company's stock worth $100,072,000 after acquiring an additional 422,869 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in American Healthcare REIT by 12.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,145,125 shares of the company's stock worth $60,964,000 after acquiring an additional 237,139 shares during the period. Institutional investors own 16.68% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on AHR. Citigroup reaffirmed an "outperform" rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. Royal Bank of Canada reissued an "outperform" rating and set a $34.00 price objective on shares of American Healthcare REIT in a research report on Wednesday, March 19th. JMP Securities set a $35.00 price target on American Healthcare REIT in a report on Tuesday, March 4th. Jefferies Financial Group assumed coverage on American Healthcare REIT in a report on Monday. They set a "buy" rating and a $37.00 price target for the company. Finally, Morgan Stanley lifted their price objective on American Healthcare REIT from $36.00 to $37.00 and gave the stock an "overweight" rating in a report on Tuesday, March 25th. Eight investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $33.86.

American Healthcare REIT Stock Up 1.2 %

Shares of NYSE:AHR traded up $0.37 during trading hours on Tuesday, hitting $31.96. The company's stock had a trading volume of 1,796,283 shares, compared to its average volume of 1,773,956. The firm's fifty day moving average price is $29.59 and its 200 day moving average price is $28.35. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37. American Healthcare REIT, Inc. has a 52 week low of $13.67 and a 52 week high of $32.28. The company has a market capitalization of $5.04 billion, a price-to-earnings ratio of -66.58, a P/E/G ratio of 1.57 and a beta of 1.42.

American Healthcare REIT Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 31st were paid a $0.25 dividend. The ex-dividend date of this dividend was Monday, March 31st. This represents a $1.00 dividend on an annualized basis and a yield of 3.13%. American Healthcare REIT's dividend payout ratio (DPR) is -370.37%.

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.