1 week Ago By ABMN Staff
Orion Portfolio Solutions LLC cut its stake in shares of American Healthcare REIT, Inc. ( NYSE:AHR – Free Report ) by 14.0% during the fourth quarter, HoldingsChannel.
com reports. The fund owned 16,448 shares of the company’s stock after selling 2,678 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in American Healthcare REIT were worth $467,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Wilmington Savings Fund Society FSB bought a new stake in American Healthcare REIT during the 3rd quarter valued at $28,000. GAMMA Investing LLC increased its stake in shares of American Healthcare REIT by 104.
1% during the fourth quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock valued at $28,000 after buying an additional 504 shares during the period. Carolina Wealth Advisors LLC bought a new stake in shares of American Healthcare REIT in the fourth quarter valued at about $29,000.
Richardson Capital Management LLC purchased a new stake in American Healthcare REIT in the fourth quarter worth about $29,000. Finally, Quarry LP bought a new position in American Healthcare REIT during the 3rd quarter worth about $33,000. Institutional investors own 16.
68% of the company’s stock. Analysts Set New Price Targets Several equities research analysts have recently weighed in on AHR shares. KeyCorp lowered their price target on shares of American Healthcare REIT from $35.
00 to $34.00 and set an “overweight” rating for the company in a research report on Monday, March 31st. Citigroup restated an “outperform” rating on shares of American Healthcare REIT in a report on Tuesday, March 4th.
Royal Bank of Canada reiterated an “outperform” rating and issued a $34.00 target price on shares of American Healthcare REIT in a research note on Wednesday, March 19th. JMP Securities set a $35.
00 price target on shares of American Healthcare REIT in a research report on Tuesday, March 4th. Finally, Morgan Stanley lifted their price objective on shares of American Healthcare REIT from $36.00 to $37.
00 and gave the stock an “overweight” rating in a research report on Tuesday, March 25th. Seven analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $33.33.
American Healthcare REIT Price Performance Shares of AHR opened at $27.68 on Tuesday. The firm has a market capitalization of $4.
36 billion, a PE ratio of -57.66, a price-to-earnings-growth ratio of 1.57 and a beta of 1.
42. 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’s fifty day moving average price is $29.
14 and its 200-day moving average price is $27.84. American Healthcare REIT, Inc.
has a 1-year low of $12.81 and a 1-year high of $31.61.
American Healthcare REIT Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 31st will be paid a $0.25 dividend.
This represents a $1.00 annualized dividend and a dividend yield of 3.61%.
The ex-dividend date of this dividend is Monday, March 31st. American Healthcare REIT’s payout ratio is -370.37%.
American Healthcare REIT Company Profile ( Free Report ) 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. Recommended Stories Want to see what other hedge funds are holding AHR? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for American Healthcare REIT, Inc. ( NYSE:AHR – Free Report ). Receive News & Ratings for American Healthcare REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Healthcare REIT and related companies with MarketBeat.
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