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 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 341,003 shares of the company’s stock after selling 1,593 shares during the quarter. Mutual of America Capital Management LLC’s holdings in American Healthcare REIT were worth $9,691,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in AHR. Amalgamated Bank grew its holdings in American Healthcare REIT by 130.4% in the 4th quarter. Amalgamated Bank now owns 5,185 shares of the company’s stock worth $147,000 after buying an additional 2,935 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of American Healthcare REIT by 139.7% during the fourth quarter. Bank of New York Mellon Corp now owns 728,853 shares of the company’s stock valued at $20,714,000 after purchasing an additional 424,773 shares during the period. IFP Advisors Inc raised its stake in shares of American Healthcare REIT by 14.4% during the fourth quarter. IFP Advisors Inc now owns 4,683 shares of the company’s stock valued at $134,000 after purchasing an additional 591 shares in the last quarter. Richardson Capital Management LLC bought a new stake in shares of American Healthcare REIT during the fourth quarter valued at about $29,000. Finally, Handelsbanken Fonder AB acquired a new stake in American Healthcare REIT in the fourth quarter worth about $1,103,000. Institutional investors own 16.68% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on AHR. Truist Financial raised 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. Morgan Stanley boosted their target price on American Healthcare REIT from $27.00 to $29.00 and gave the stock an “overweight” rating in a report on Monday, December 30th. Finally, Royal Bank of Canada upped their target price on American Healthcare REIT from $28.00 to $30.00 and gave the stock an “outperform” rating in a research report on Monday, November 18th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $26.00.

American Healthcare REIT Stock Down 1.2 %

Shares of American Healthcare REIT stock opened at $29.83 on Friday. American Healthcare REIT, Inc. has a 12-month low of $12.81 and a 12-month high of $30.33. The firm has a market capitalization of $4.57 billion and a PE ratio of -62.15. 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’s fifty day moving average is $28.37 and its 200-day moving average is $26.27.

American Healthcare REIT Announces Dividend

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

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.