31,900 Shares in American Healthcare REIT, Inc. (NYSE:AHR) Acquired by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS acquired a new stake in American Healthcare REIT, Inc. (NYSE:AHR) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 31,900 shares of the company’s stock, valued at approximately $913,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its stake in shares of American Healthcare REIT by 54.1% in the third quarter. Principal Financial Group Inc. now owns 9,488,750 shares of the company’s stock worth $247,654,000 after buying an additional 3,330,714 shares in the last quarter. Wellington Management Group LLP raised its holdings in American Healthcare REIT by 25.7% in the 3rd quarter. Wellington Management Group LLP now owns 13,445,752 shares of the company’s stock valued at $350,934,000 after acquiring an additional 2,747,960 shares during the last quarter. State Street Corp lifted its stake 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 in the last quarter. FMR LLC acquired a new position in shares of American Healthcare REIT during the 3rd quarter worth approximately $56,575,000. Finally, Cbre Investment Management Listed Real Assets LLC purchased a new stake in shares of American Healthcare REIT in the fourth quarter valued at approximately $33,838,000. Hedge funds and other institutional investors own 16.68% of the company’s stock.

American Healthcare REIT Trading Down 0.4 %

NYSE AHR opened at $30.30 on Tuesday. American Healthcare REIT, Inc. has a 12 month low of $12.81 and a 12 month high of $30.97. The stock has a market capitalization of $4.77 billion and a P/E ratio of -63.13. The firm’s 50-day moving average is $29.04 and its two-hundred day moving average is $27.66. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37.

American Healthcare REIT Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. KeyCorp reduced their price objective on American Healthcare REIT from $35.00 to $34.00 and set an “overweight” rating on the stock in a research report on Monday. Royal Bank of Canada reiterated an “outperform” rating and set a $34.00 price target on shares of American Healthcare REIT in a report on Wednesday, March 19th. Citigroup reissued an “outperform” rating on shares of American Healthcare REIT in a research report on Tuesday, March 4th. JMP Securities set a $35.00 price objective on shares of American Healthcare REIT in a research report on Tuesday, March 4th. Finally, Morgan Stanley boosted their target price on shares of American Healthcare REIT from $36.00 to $37.00 and gave the company an “overweight” rating in a report on Tuesday, March 25th. Seven investment analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price 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.