American Healthcare REIT, Inc. (NYSE:AHR) Stock Position Reduced by World Investment Advisors

World Investment Advisors decreased its stake in American Healthcare REIT, Inc. (NYSE:AHR) by 7.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,717 shares of the company’s stock after selling 2,521 shares during the quarter. World Investment Advisors’ holdings in American Healthcare REIT were worth $958,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of AHR. Wilmington Savings Fund Society FSB purchased a new stake in shares of American Healthcare REIT during the third quarter worth $28,000. GAMMA Investing LLC lifted its holdings in shares of American Healthcare REIT by 104.1% during the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock valued at $28,000 after buying an additional 504 shares during the last quarter. Carolina Wealth Advisors LLC acquired a new position in American Healthcare REIT in the fourth quarter worth approximately $29,000. Richardson Capital Management LLC bought a new position in American Healthcare REIT during the fourth quarter valued at approximately $29,000. Finally, Quarry LP acquired a new stake in American Healthcare REIT in the third quarter valued at approximately $33,000. Institutional investors and hedge funds own 16.68% of the company’s stock.

American Healthcare REIT Trading Down 6.3 %

Shares of American Healthcare REIT stock opened at $28.49 on Monday. American Healthcare REIT, Inc. has a 1 year low of $12.81 and a 1 year high of $31.61. The company’s fifty day simple moving average is $29.18 and its 200-day simple moving average is $27.82. The company has a market cap of $4.49 billion, a price-to-earnings ratio of -59.35, a PEG ratio of 1.57 and a beta of 1.42. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.59.

American Healthcare REIT Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 31st will be given a $0.25 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.00 annualized dividend and a yield of 3.51%. American Healthcare REIT’s dividend payout ratio is -370.37%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on AHR. KeyCorp cut their price target on shares of American Healthcare REIT from $35.00 to $34.00 and set an “overweight” rating on the stock in a report on Monday, March 31st. Morgan Stanley raised their target price on American Healthcare REIT from $36.00 to $37.00 and gave the company an “overweight” rating in a report on Tuesday, March 25th. JMP Securities set a $35.00 price target on American Healthcare REIT in a research note on Tuesday, March 4th. Royal Bank of Canada restated an “outperform” rating and issued a $34.00 target price on shares of American Healthcare REIT in a report on Wednesday, March 19th. Finally, Citigroup reiterated an “outperform” rating on shares of American Healthcare REIT in a report on Tuesday, March 4th. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, American Healthcare REIT presently has a consensus rating of “Buy” and an average target price of $33.33.

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.