American Healthcare REIT, Inc. (NYSE:AHR) Shares Sold by Sei Investments Co.

Sei Investments Co. trimmed its holdings in shares of American Healthcare REIT, Inc. (NYSE:AHR) by 11.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 647,663 shares of the company’s stock after selling 81,012 shares during the quarter. Sei Investments Co.’s holdings in American Healthcare REIT were worth $18,407,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Diversify Advisory Services LLC raised its stake in shares of American Healthcare REIT by 1.3% in the 4th quarter. Diversify Advisory Services LLC now owns 35,070 shares of the company’s stock valued at $955,000 after acquiring an additional 436 shares during the period. GAMMA Investing LLC raised its position in American Healthcare REIT by 104.1% in the fourth quarter. GAMMA Investing LLC now owns 988 shares of the company’s stock valued at $28,000 after purchasing an additional 504 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of American Healthcare REIT by 4.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 13,915 shares of the company’s stock worth $395,000 after purchasing an additional 533 shares in the last quarter. IFP Advisors Inc boosted its position in shares of American Healthcare REIT by 14.4% in the fourth quarter. IFP Advisors Inc now owns 4,683 shares of the company’s stock worth $134,000 after buying an additional 591 shares during the period. Finally, Fiduciary Alliance LLC lifted its position in American Healthcare REIT by 8.0% during the 4th quarter. Fiduciary Alliance LLC now owns 10,170 shares of the company’s stock worth $289,000 after acquiring an additional 754 shares in the last quarter. 16.68% of the stock is owned by institutional investors and hedge funds.

American Healthcare REIT Price Performance

Shares of AHR stock opened at $29.95 on Friday. The firm has a fifty day moving average of $28.94 and a two-hundred day moving average of $27.50. The firm has a market cap of $4.72 billion and a P/E ratio of -62.39. American Healthcare REIT, Inc. has a 1-year low of $12.81 and a 1-year high of $30.97. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.37 and a quick ratio of 0.37.

American Healthcare REIT Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts have issued reports on AHR shares. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $34.00 price objective on shares of American Healthcare REIT in a research report on Wednesday, March 19th. 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 price objective on shares of American Healthcare REIT from $36.00 to $37.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, Citigroup restated an “outperform” rating on shares of American Healthcare REIT in a research note on Tuesday, March 4th. Seven research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $32.17.

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.