American Healthcare REIT, Inc. (NYSE:AHR) Shares Sold by Larson Financial Group LLC

Larson Financial Group LLC reduced its stake in American Healthcare REIT, Inc. (NYSE:AHR) by 37.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 7,950 shares of the company’s stock after selling 4,702 shares during the quarter. Larson Financial Group LLC’s holdings in American Healthcare REIT were worth $226,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the stock. Wellington Management Group LLP increased its stake in American Healthcare REIT by 25.7% during the 3rd quarter. Wellington Management Group LLP now owns 13,445,752 shares of the company’s stock worth $350,934,000 after buying an additional 2,747,960 shares during the period. Principal Financial Group Inc. increased its stake in American Healthcare REIT by 29.0% during the 4th quarter. Principal Financial Group Inc. now owns 12,238,887 shares of the company’s stock worth $347,831,000 after buying an additional 2,750,137 shares during the period. State Street Corp increased its stake in American Healthcare REIT by 221.6% during the 3rd quarter. State Street Corp now owns 3,683,691 shares of the company’s stock worth $96,473,000 after buying an additional 2,538,177 shares during the period. Geode Capital Management LLC increased its stake in American Healthcare REIT by 76.4% during the 3rd quarter. Geode Capital Management LLC now owns 2,527,123 shares of the company’s stock worth $65,975,000 after buying an additional 1,094,296 shares during the period. Finally, FMR LLC purchased a new stake in American Healthcare REIT during the 3rd quarter worth approximately $56,575,000. 16.68% of the stock is currently owned by institutional investors and hedge funds.

American Healthcare REIT Trading Up 3.0 %

NYSE AHR opened at $28.79 on Wednesday. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37. The firm’s fifty day moving average price is $28.51 and its 200 day moving average price is $26.87. The company has a market capitalization of $4.54 billion and a price-to-earnings ratio of -59.97. American Healthcare REIT, Inc. has a 12 month low of $12.81 and a 12 month high of $30.97.

American Healthcare REIT Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Tuesday, December 31st were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.47%. The ex-dividend date of this dividend was Tuesday, December 31st. American Healthcare REIT’s dividend payout ratio (DPR) is -370.37%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on AHR shares. Royal Bank of Canada upped their target price on shares of American Healthcare REIT from $28.00 to $30.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Truist Financial increased their price objective on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company a “buy” rating in a research report on Friday, November 15th. Citigroup reissued an “outperform” rating on shares of American Healthcare REIT in a research report on Tuesday, March 4th. Morgan Stanley increased their price objective on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company an “overweight” rating in a research report on Monday, December 30th. Finally, JMP Securities set a $35.00 price objective on shares of American Healthcare REIT in a research report on Tuesday, March 4th. Eight equities research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, American Healthcare REIT currently has an average rating of “Buy” and an average target price of $28.43.

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.