Xponance Inc. Invests $313,000 in American Healthcare REIT, Inc. (NYSE:AHR)

Xponance Inc. purchased a new stake in shares of American Healthcare REIT, Inc. (NYSE:AHR) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 11,019 shares of the company’s stock, valued at approximately $313,000.

A number of other hedge funds have also bought and sold shares of AHR. GAMMA Investing LLC raised its stake in shares of American Healthcare REIT by 104.1% during the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock worth $28,000 after purchasing an additional 504 shares during the period. Richardson Capital Management LLC purchased a new stake in American Healthcare REIT during the fourth quarter worth about $29,000. Carolina Wealth Advisors LLC bought a new stake in American Healthcare REIT in the fourth quarter worth about $29,000. Wilmington Savings Fund Society FSB bought a new stake in American Healthcare REIT in the third quarter worth about $28,000. Finally, Quarry LP purchased a new position in American Healthcare REIT in the third quarter valued at about $33,000. 16.68% of the stock is currently owned by institutional investors.

American Healthcare REIT Stock Up 0.4 %

Shares of NYSE AHR opened at $29.95 on Friday. American Healthcare REIT, Inc. has a 52 week low of $12.81 and a 52 week high of $30.97. The company has a quick ratio of 0.37, a current ratio of 0.37 and a debt-to-equity ratio of 0.59. The company has a market cap of $4.72 billion and a P/E ratio of -62.39. The business has a 50-day simple moving average of $28.94 and a two-hundred day simple moving average of $27.50.

American Healthcare REIT Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 31st will be issued a $0.25 dividend. The ex-dividend date is Monday, March 31st. This represents a $1.00 annualized dividend and a dividend yield of 3.34%. American Healthcare REIT’s payout ratio is currently -370.37%.

Wall Street Analyst Weigh In

AHR has been the topic of a number of research reports. JMP Securities set a $35.00 price target on shares of American Healthcare REIT in a report on Tuesday, March 4th. Morgan Stanley boosted their target price on American Healthcare REIT from $36.00 to $37.00 and gave the company an “overweight” rating in a research note on Tuesday. Royal Bank of Canada reiterated an “outperform” rating and set a $34.00 price target on shares of American Healthcare REIT in a research note on Wednesday, March 19th. Finally, Citigroup restated an “outperform” rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $32.17.

About American Healthcare REIT

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.