13,050 Shares in American Healthcare REIT, Inc. (NYSE:AHR) Acquired by OneAscent Financial Services LLC

OneAscent Financial Services LLC purchased a new stake in shares of American Healthcare REIT, Inc. (NYSE:AHR) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 13,050 shares of the company’s stock, valued at approximately $371,000.

A number of other institutional investors also recently modified their holdings of AHR. Vanguard Group Inc. grew its stake in American Healthcare REIT by 94.8% in the 4th quarter. Vanguard Group Inc. now owns 15,357,331 shares of the company’s stock valued at $436,455,000 after buying an additional 7,474,374 shares during the last quarter. Principal Financial Group Inc. increased its stake in shares of American Healthcare REIT by 54.1% in the third quarter. Principal Financial Group Inc. now owns 9,488,750 shares of the company’s stock worth $247,654,000 after purchasing an additional 3,330,714 shares during the period. Wellington Management Group LLP lifted its position in shares of American Healthcare REIT by 25.7% during the 3rd quarter. Wellington Management Group LLP now owns 13,445,752 shares of the company’s stock worth $350,934,000 after purchasing an additional 2,747,960 shares during the last quarter. State Street Corp boosted its stake 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 valued at $96,473,000 after purchasing an additional 2,538,177 shares during the period. Finally, FMR LLC bought a new stake in American Healthcare REIT during the 3rd quarter valued at approximately $56,575,000. Institutional investors own 16.68% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on AHR shares. Morgan Stanley upped their price target on American Healthcare REIT from $36.00 to $37.00 and gave the stock an “overweight” rating in a report on Tuesday, March 25th. KeyCorp cut their target price on shares of American Healthcare REIT from $35.00 to $34.00 and set an “overweight” rating for the company in a research note on Monday. JMP Securities set a $35.00 price target on shares of 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. Finally, 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. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $33.33.

American Healthcare REIT Price Performance

NYSE:AHR opened at $30.49 on Friday. The company has a market capitalization of $4.80 billion, a price-to-earnings ratio of -63.51, a PEG ratio of 1.57 and a beta of 1.42. The company has a 50-day moving average of $29.18 and a 200-day moving average of $27.75. American Healthcare REIT, Inc. has a 52 week low of $12.81 and a 52 week high of $31.61. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.37 and a current ratio of 0.37.

American Healthcare REIT Announces Dividend

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 paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 3.28%. The ex-dividend date of this dividend is Monday, March 31st. American Healthcare REIT’s dividend payout ratio is -370.37%.

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.