American Healthcare REIT, Inc. (NYSE:AHR) Position Lessened by Sigma Planning Corp

Sigma Planning Corp reduced its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 53.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,273 shares of the company’s stock after selling 38,632 shares during the quarter. Sigma Planning Corp’s holdings in American Healthcare REIT were worth $946,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in AHR. Wilmington Savings Fund Society FSB acquired a new position in shares of American Healthcare REIT during the third quarter valued at $28,000. GAMMA Investing LLC lifted its position in American Healthcare REIT by 104.1% in the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock valued at $28,000 after purchasing an additional 504 shares during the last quarter. Carolina Wealth Advisors LLC acquired a new position in American Healthcare REIT during the 4th quarter valued at about $29,000. Quarry LP bought a new position in American Healthcare REIT in the 3rd quarter worth about $33,000. Finally, Decker Retirement Planning Inc. acquired a new stake in shares of American Healthcare REIT in the fourth quarter valued at approximately $37,000. 16.68% of the stock is owned by institutional investors and hedge funds.

American Healthcare REIT Stock Performance

AHR opened at $28.90 on Wednesday. The business has a 50 day moving average price of $28.21 and a two-hundred day moving average price of $26.04. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37. The company has a market capitalization of $4.42 billion and a price-to-earnings ratio of -60.20. American Healthcare REIT, Inc. has a 1-year low of $12.81 and a 1-year high of $29.99.

American Healthcare REIT Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Tuesday, December 31st were paid a dividend of $0.25 per share. The ex-dividend date was Tuesday, December 31st. This represents a $1.00 annualized dividend and a yield of 3.46%. American Healthcare REIT’s dividend payout ratio is currently -208.33%.

Wall Street Analysts Forecast Growth

AHR has been the subject of several analyst reports. Morgan Stanley boosted their price objective on American Healthcare REIT from $27.00 to $29.00 and gave the stock an “overweight” rating in a research report on Monday, December 30th. Royal Bank of Canada boosted their price target 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. Finally, Truist Financial raised their price target on American Healthcare REIT from $27.00 to $29.00 and gave the company a “buy” rating in a report on Friday, November 15th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, American Healthcare REIT has a consensus rating of “Moderate Buy” and a consensus target price of $26.00.

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.