American Healthcare REIT, Inc. (NYSE:AHR) Shares Sold by Beacon Capital Management LLC

Beacon Capital Management LLC trimmed its stake in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 23.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,449 shares of the company’s stock after selling 8,276 shares during the quarter. Beacon Capital Management LLC’s holdings in American Healthcare REIT were worth $780,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of AHR. Principal Financial Group Inc. boosted its stake in shares of American Healthcare REIT by 54.1% in the 3rd quarter. Principal Financial Group Inc. now owns 9,488,750 shares of the company’s stock valued at $247,654,000 after buying an additional 3,330,714 shares during the period. Wellington Management Group LLP lifted its stake in American Healthcare REIT by 25.7% in the third quarter. Wellington Management Group LLP now owns 13,445,752 shares of the company’s stock worth $350,934,000 after acquiring an additional 2,747,960 shares during the last quarter. State Street Corp grew its holdings in American Healthcare REIT by 221.6% during the 3rd quarter. State Street Corp now owns 3,683,691 shares of the company’s stock worth $96,473,000 after acquiring an additional 2,538,177 shares in the last quarter. FMR LLC purchased a new stake in shares of American Healthcare REIT in the 3rd quarter valued at approximately $56,575,000. Finally, Commonwealth Equity Services LLC raised its holdings in shares of American Healthcare REIT by 6,875.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 1,605,441 shares of the company’s stock valued at $41,902,000 after purchasing an additional 1,582,426 shares in the last quarter. Hedge funds and other institutional investors own 16.68% of the company’s stock.

American Healthcare REIT Stock Down 0.8 %

AHR opened at $28.18 on Friday. American Healthcare REIT, Inc. has a one year low of $12.81 and a one year high of $29.99. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37. The stock has a market capitalization of $4.31 billion and a P/E ratio of -58.70. The business’s 50-day simple moving average is $28.26 and its 200-day simple moving average is $25.49.

American Healthcare REIT Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Tuesday, December 31st were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 3.55%. The ex-dividend date of this dividend was Tuesday, December 31st. American Healthcare REIT’s dividend payout ratio is currently -208.33%.

Wall Street Analysts Forecast Growth

AHR has been the subject of a number of analyst reports. Truist Financial boosted their target price on shares of American Healthcare REIT from $27.00 to $29.00 and gave the stock a “buy” rating in a research note on Friday, November 15th. Royal Bank of Canada upped their price objective 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, Morgan Stanley increased their price objective on American Healthcare REIT from $27.00 to $29.00 and gave the company an “overweight” rating in a 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 stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $26.00.

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.