American Healthcare REIT, Inc. (NYSE:AHR) Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lowered its position in American Healthcare REIT, Inc. (NYSE:AHR) by 0.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 341,003 shares of the company’s stock after selling 1,593 shares during the quarter. Mutual of America Capital Management LLC owned 0.22% of American Healthcare REIT worth $9,691,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AHR. Wellington Management Group LLP lifted its stake in shares of American Healthcare REIT by 25.7% in the third quarter. Wellington Management Group LLP now owns 13,445,752 shares of the company’s stock worth $350,934,000 after acquiring an additional 2,747,960 shares in the last quarter. Principal Financial Group Inc. increased its holdings 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 purchasing an additional 2,750,137 shares during the last quarter. State Street Corp raised its position in shares of American Healthcare REIT by 221.6% in the 3rd quarter. State Street Corp now owns 3,683,691 shares of the company’s stock valued at $96,473,000 after purchasing an additional 2,538,177 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of 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 valued at $65,975,000 after buying an additional 1,094,296 shares during the last quarter. Finally, FMR LLC acquired a new stake in shares of American Healthcare REIT during the third quarter worth approximately $56,575,000. 16.68% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on AHR. Morgan Stanley upped their price target on shares of American Healthcare REIT from $27.00 to $29.00 and gave the company an “overweight” rating in a report on Monday, December 30th. 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. Finally, Royal Bank of Canada lifted 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. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $26.00.

American Healthcare REIT Price Performance

AHR opened at $29.83 on Friday. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.59. The company’s 50-day moving average price is $28.37 and its 200 day moving average price is $26.27. American Healthcare REIT, Inc. has a fifty-two week low of $12.81 and a fifty-two week high of $30.33. The firm has a market cap of $4.57 billion and a price-to-earnings ratio of -62.15.

American Healthcare REIT Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.35%. The ex-dividend date was Tuesday, December 31st. American Healthcare REIT’s payout ratio is -370.37%.

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.