Swiss National Bank Has $8.48 Million Stock Holdings in American Healthcare REIT, Inc. (NYSE:AHR)

Swiss National Bank raised its stake in American Healthcare REIT, Inc. (NYSE:AHR) by 2.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 298,500 shares of the company’s stock after buying an additional 7,100 shares during the quarter. Swiss National Bank owned 0.20% of American Healthcare REIT worth $8,483,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in AHR. Victory Capital Management Inc. acquired a new position in American Healthcare REIT in the third quarter valued at about $437,000. KBC Group NV acquired a new position in American Healthcare REIT during the third quarter valued at approximately $51,000. Prospera Financial Services Inc acquired a new position in American Healthcare REIT during the third quarter valued at approximately $488,000. Avior Wealth Management LLC acquired a new position in American Healthcare REIT during the third quarter valued at approximately $65,000. Finally, Intech Investment Management LLC acquired a new position in American Healthcare REIT during the third quarter valued at approximately $333,000. Institutional investors and hedge funds own 16.68% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on AHR shares. Citigroup reaffirmed an “outperform” rating on shares of American Healthcare REIT in a research report on Tuesday, March 4th. Morgan Stanley raised 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. JMP Securities set a $35.00 price objective on American Healthcare REIT in a research note on Tuesday, March 4th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $34.00 price target on shares of American Healthcare REIT in a research note on Wednesday. Seven analysts have rated the stock with a buy rating, According to MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $30.83.

American Healthcare REIT Trading Down 0.8 %

Shares of AHR stock opened at $29.59 on Friday. The firm has a market capitalization of $4.66 billion and a P/E ratio of -61.64. American Healthcare REIT, Inc. has a twelve month low of $12.81 and a twelve month high of $30.97. 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 simple moving average is $28.75 and its 200 day simple moving average is $27.26.

American Healthcare REIT Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 3.38%. The ex-dividend date is Monday, March 31st. American Healthcare REIT’s payout ratio is presently -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.