UniSuper Management Pty Ltd Has $1.21 Million Position in American Healthcare REIT, Inc. (NYSE:AHR)

UniSuper Management Pty Ltd increased its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 133.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 42,400 shares of the company’s stock after purchasing an additional 24,200 shares during the period. UniSuper Management Pty Ltd’s holdings in American Healthcare REIT were worth $1,205,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. 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 valued at $436,455,000 after acquiring an additional 7,474,374 shares during the period. Principal Financial Group Inc. increased its position in American Healthcare REIT by 54.1% during the third quarter. Principal Financial Group Inc. now owns 9,488,750 shares of the company’s stock worth $247,654,000 after acquiring an additional 3,330,714 shares during the period. Wellington Management Group LLP raised its stake in American Healthcare REIT by 25.7% during the 3rd quarter. Wellington Management Group LLP now owns 13,445,752 shares of the company’s stock valued at $350,934,000 after purchasing an additional 2,747,960 shares during the last quarter. State Street Corp grew its position in American Healthcare REIT by 221.6% in the 3rd quarter. State Street Corp now owns 3,683,691 shares of the company’s stock worth $96,473,000 after purchasing an additional 2,538,177 shares during the last quarter. Finally, FMR LLC bought a new position in shares of American Healthcare REIT during the 3rd quarter worth about $56,575,000. Institutional investors own 16.68% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the company. JMP Securities set a $35.00 target price on American Healthcare REIT in a research report on Tuesday, March 4th. Royal Bank of Canada restated an “outperform” rating and set a $34.00 price objective on shares of American Healthcare REIT in a research report on Wednesday, March 19th. KeyCorp decreased their price target on shares of American Healthcare REIT from $35.00 to $34.00 and set an “overweight” rating on the stock in a research note on Monday. Citigroup reissued an “outperform” rating on shares of American Healthcare REIT in a report on Tuesday, March 4th. Finally, Morgan Stanley lifted their target price 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. Seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $33.33.

American Healthcare REIT Stock Down 0.4 %

Shares of NYSE:AHR opened at $30.30 on Tuesday. The company’s fifty day moving average is $29.04 and its 200-day moving average is $27.66. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37. American Healthcare REIT, Inc. has a 52 week low of $12.81 and a 52 week high of $30.97. The company has a market capitalization of $4.77 billion and a PE ratio of -63.13.

American Healthcare REIT Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 31st will be given a $0.25 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $1.00 dividend on an annualized basis and a yield of 3.30%. American Healthcare REIT’s dividend payout ratio (DPR) 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.