Sheaff Brock Investment Advisors LLC Takes $633,000 Position in American Healthcare REIT, Inc. (NYSE:AHR)

Sheaff Brock Investment Advisors LLC bought a new stake in American Healthcare REIT, Inc. (NYSE:AHR) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 22,278 shares of the company’s stock, valued at approximately $633,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC purchased a new stake in American Healthcare REIT during the fourth quarter worth about $331,000. Allworth Financial LP boosted its holdings in American Healthcare REIT by 263.0% during the fourth quarter. Allworth Financial LP now owns 14,928 shares of the company’s stock worth $422,000 after buying an additional 10,816 shares in the last quarter. Rhumbline Advisers boosted its holdings in American Healthcare REIT by 128.5% during the fourth quarter. Rhumbline Advisers now owns 256,293 shares of the company’s stock worth $7,284,000 after buying an additional 144,119 shares in the last quarter. Vontobel Holding Ltd. purchased a new stake in American Healthcare REIT during the fourth quarter worth about $383,000. Finally, Asset Management One Co. Ltd. boosted its holdings in American Healthcare REIT by 8.8% during the fourth quarter. Asset Management One Co. Ltd. now owns 231,872 shares of the company’s stock worth $6,604,000 after buying an additional 18,747 shares in the last quarter. Hedge funds and other institutional investors own 16.68% of the company’s stock.

Wall Street Analyst Weigh In

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

American Healthcare REIT Stock Performance

NYSE:AHR opened at $28.18 on Monday. The firm has a 50 day simple moving average of $28.26 and a 200-day simple moving average of $25.56. 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 firm has a market cap of $4.31 billion and a PE ratio of -58.70. 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 business also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Tuesday, December 31st were issued a $0.25 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $1.00 dividend on an annualized basis and a yield of 3.55%. American Healthcare REIT’s payout ratio is -208.33%.

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.