American Century Companies Inc. Cuts Stock Holdings in American Healthcare REIT, Inc. (NYSE:AHR)

American Century Companies Inc. trimmed its holdings in American Healthcare REIT, Inc. (NYSE:AHR) by 0.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,518,870 shares of the company’s stock after selling 20,684 shares during the period. American Century Companies Inc. owned 1.65% of American Healthcare REIT worth $71,586,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of AHR. Victory Capital Management Inc. purchased a new position in American Healthcare REIT in the 3rd quarter worth approximately $437,000. Swiss National Bank boosted its stake in American Healthcare REIT by 126.6% during the third quarter. Swiss National Bank now owns 291,400 shares of the company’s stock worth $7,606,000 after buying an additional 162,800 shares during the last quarter. Intech Investment Management LLC purchased a new stake in American Healthcare REIT in the 3rd quarter valued at $333,000. Charles Schwab Investment Management Inc. increased its stake in shares of American Healthcare REIT by 118.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,907,986 shares of the company’s stock worth $49,798,000 after acquiring an additional 1,034,365 shares during the last quarter. Finally, Nwam LLC purchased a new position in shares of American Healthcare REIT during the 3rd quarter worth $231,000. 16.68% of the stock is currently owned by institutional investors and hedge funds.

American Healthcare REIT Trading Down 0.5 %

Shares of NYSE AHR opened at $30.31 on Wednesday. The stock has a fifty day simple moving average of $28.88 and a 200-day simple moving average of $27.46. American Healthcare REIT, Inc. has a twelve month low of $12.81 and a twelve month high of $30.97. The company has a current ratio of 0.37, a quick ratio of 0.37 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $4.78 billion and a PE ratio of -63.15.

American Healthcare REIT Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 31st will be given a dividend of $0.25 per share. The ex-dividend date is Monday, March 31st. This represents a $1.00 annualized dividend and a dividend yield of 3.30%. American Healthcare REIT’s dividend payout ratio is presently -370.37%.

Analysts Set New Price Targets

AHR has been the topic of a number of analyst reports. Citigroup reaffirmed an “outperform” rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. Morgan Stanley lifted their price target 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. Royal Bank of Canada reissued an “outperform” rating and set a $34.00 target price on shares of American Healthcare REIT in a research note on Wednesday, March 19th. Finally, JMP Securities set a $35.00 price target on American Healthcare REIT in a research note on Tuesday, March 4th. Seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, American Healthcare REIT currently has a consensus rating of “Buy” and a consensus price target of $32.17.

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.