American Healthcare REIT, Inc. (NYSE:AHR) Holdings Raised by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd increased its stake in American Healthcare REIT, Inc. (NYSE:AHR) by 133.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,400 shares of the company’s stock after purchasing an additional 24,200 shares during the quarter. UniSuper Management Pty Ltd’s holdings in American Healthcare REIT were worth $1,205,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in shares of American Healthcare REIT by 45.6% in the fourth quarter. JPMorgan Chase & Co. now owns 1,336,225 shares of the company’s stock worth $37,976,000 after acquiring an additional 418,589 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in American Healthcare REIT by 4.8% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 100,817 shares of the company’s stock worth $2,840,000 after purchasing an additional 4,653 shares during the period. Prudential Financial Inc. grew its position in American Healthcare REIT by 13.6% during the 4th quarter. Prudential Financial Inc. now owns 3,521,182 shares of the company’s stock worth $100,072,000 after purchasing an additional 422,869 shares in the last quarter. Corebridge Financial Inc. lifted its holdings in shares of American Healthcare REIT by 71.7% in the fourth quarter. Corebridge Financial Inc. now owns 75,598 shares of the company’s stock valued at $2,148,000 after purchasing an additional 31,577 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of American Healthcare REIT by 94.8% in the fourth quarter. Vanguard Group Inc. now owns 15,357,331 shares of the company’s stock worth $436,455,000 after buying an additional 7,474,374 shares during the period. Institutional investors and hedge funds own 16.68% of the company’s stock.

American Healthcare REIT Price Performance

NYSE AHR opened at $30.30 on Tuesday. 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 stock has a market capitalization of $4.77 billion and a PE ratio of -63.13. American Healthcare REIT, Inc. has a 12-month low of $12.81 and a 12-month high of $30.97. The company has a 50 day moving average price of $29.04 and a two-hundred day moving average price of $27.66.

American Healthcare REIT Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 31st will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 3.30%. The ex-dividend date of this dividend is Monday, March 31st. American Healthcare REIT’s payout ratio is presently -370.37%.

Wall Street Analysts Forecast Growth

AHR has been the topic of several recent analyst reports. JMP Securities set a $35.00 price target on American Healthcare REIT in a research report on Tuesday, March 4th. Citigroup reissued an “outperform” rating on shares of American Healthcare REIT in a research report on Tuesday, March 4th. Morgan Stanley boosted their price objective on shares of American Healthcare REIT from $36.00 to $37.00 and gave the company an “overweight” rating in a research report on Tuesday, March 25th. KeyCorp cut their target price on shares of American Healthcare REIT from $35.00 to $34.00 and set an “overweight” rating for the company in a research report on Monday. Finally, Royal Bank of Canada restated an “outperform” rating and set a $34.00 price target on shares of American Healthcare REIT in a report on Wednesday, March 19th. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat.com, American Healthcare REIT presently has an average rating of “Buy” and an average price target of $33.33.

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.