American Healthcare REIT, Inc. (NYSE:AHR) Holdings Lowered by C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors

C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors trimmed its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 66.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,768 shares of the company’s stock after selling 19,284 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors’ holdings in American Healthcare REIT were worth $278,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of AHR. Wilmington Savings Fund Society FSB purchased a new stake in American Healthcare REIT in the 3rd quarter worth about $28,000. GAMMA Investing LLC lifted its stake in American Healthcare REIT by 104.1% in the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock worth $28,000 after acquiring an additional 504 shares in the last quarter. Carolina Wealth Advisors LLC purchased a new stake in American Healthcare REIT in the 4th quarter worth about $29,000. Quarry LP purchased a new stake in American Healthcare REIT in the 3rd quarter worth about $33,000. Finally, Decker Retirement Planning Inc. purchased a new stake in American Healthcare REIT in the 4th quarter worth about $37,000. 16.68% of the stock is owned by hedge funds and other institutional investors.

American Healthcare REIT Stock Performance

Shares of NYSE AHR opened at $27.87 on Friday. 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 firm has a market cap of $4.27 billion and a price-to-earnings ratio of -58.05. The business’s 50-day simple moving average is $28.24 and its 200-day simple moving average is $25.75. American Healthcare REIT, Inc. has a 52 week low of $12.81 and a 52 week high of $29.99.

American Healthcare REIT Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.59%. The ex-dividend date of this dividend was Tuesday, December 31st. American Healthcare REIT’s dividend payout ratio is -208.33%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on AHR shares. Morgan Stanley increased their price objective on American Healthcare REIT from $27.00 to $29.00 and gave the stock an “overweight” rating in a research note on Monday, December 30th. Royal Bank of Canada raised their price target on American Healthcare REIT from $28.00 to $30.00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Finally, Truist Financial raised their price target on American Healthcare REIT from $27.00 to $29.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, American Healthcare REIT has an average rating of “Moderate Buy” and a consensus target price of $26.00.

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.