Nomura Asset Management Co. Ltd. Boosts Stock Holdings in American Healthcare REIT, Inc. (NYSE:AHR)

Nomura Asset Management Co. Ltd. lifted its position in American Healthcare REIT, Inc. (NYSE:AHR) by 2.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 208,901 shares of the company’s stock after acquiring an additional 4,901 shares during the quarter. Nomura Asset Management Co. Ltd. owned approximately 0.14% of American Healthcare REIT worth $5,937,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC grew its position in American Healthcare REIT by 104.1% in the 4th quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock worth $28,000 after purchasing an additional 504 shares in the last quarter. Richardson Capital Management LLC bought a new position in shares of American Healthcare REIT in the fourth quarter valued at approximately $29,000. Carolina Wealth Advisors LLC purchased a new stake in shares of American Healthcare REIT during the fourth quarter valued at approximately $29,000. Wilmington Savings Fund Society FSB bought a new stake in American Healthcare REIT during the third quarter worth $28,000. Finally, Quarry LP purchased a new position in American Healthcare REIT in the third quarter worth $33,000. Hedge funds and other institutional investors own 16.68% of the company’s stock.

American Healthcare REIT Stock Down 0.4 %

AHR opened at $30.30 on Tuesday. American Healthcare REIT, Inc. has a 12 month low of $12.81 and a 12 month high of $30.97. The company has a market cap of $4.77 billion and a PE ratio of -63.13. 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 company has a 50 day moving average of $29.04 and a 200 day moving average of $27.66.

American Healthcare REIT Announces Dividend

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

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on AHR. JMP Securities set a $35.00 target price on American Healthcare REIT in a research report on Tuesday, March 4th. Citigroup reaffirmed an “outperform” rating on shares of American Healthcare REIT in a research report on Tuesday, March 4th. Royal Bank of Canada reissued an “outperform” rating and set a $34.00 target price on shares of American Healthcare REIT in a research report on Wednesday, March 19th. KeyCorp lowered their price target on shares of American Healthcare REIT from $35.00 to $34.00 and set an “overweight” rating on the stock in a report on Monday. Finally, Morgan Stanley increased their price objective on American Healthcare REIT from $36.00 to $37.00 and gave the company an “overweight” rating in a report on Tuesday, March 25th. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $33.33.

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.