Savant Capital LLC Acquires 21,347 Shares of Alexandria Real Estate Equities, Inc. $ARE

Savant Capital LLC raised its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 64.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 54,617 shares of the real estate investment trust’s stock after buying an additional 21,347 shares during the period. Savant Capital LLC’s holdings in Alexandria Real Estate Equities were worth $4,552,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. Loomis Sayles & Co. L P purchased a new stake in Alexandria Real Estate Equities during the 2nd quarter valued at about $27,000. CYBER HORNET ETFs LLC bought a new stake in Alexandria Real Estate Equities in the second quarter valued at approximately $30,000. Cornerstone Planning Group LLC boosted its stake in shares of Alexandria Real Estate Equities by 5,916.7% during the third quarter. Cornerstone Planning Group LLC now owns 361 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 355 shares during the period. MUFG Securities EMEA plc bought a new position in shares of Alexandria Real Estate Equities in the second quarter worth approximately $33,000. Finally, Caitong International Asset Management Co. Ltd grew its holdings in shares of Alexandria Real Estate Equities by 431.5% in the second quarter. Caitong International Asset Management Co. Ltd now owns 675 shares of the real estate investment trust’s stock worth $49,000 after purchasing an additional 548 shares during the last quarter. Hedge funds and other institutional investors own 96.54% of the company’s stock.

Insider Transactions at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, Director Sheila K. Mcgrath acquired 3,100 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The shares were acquired at an average price of $45.60 per share, with a total value of $141,360.00. Following the completion of the purchase, the director directly owned 8,392 shares of the company’s stock, valued at approximately $382,675.20. The trade was a 58.58% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.08% of the stock is currently owned by company insiders.

Alexandria Real Estate Equities Trading Up 1.4%

ARE opened at $55.93 on Friday. The stock has a market cap of $9.69 billion, a PE ratio of -6.63, a PEG ratio of 6.66 and a beta of 1.31. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.65. The business has a 50 day moving average of $51.80 and a 200-day moving average of $65.84. Alexandria Real Estate Equities, Inc. has a 52 week low of $44.10 and a 52 week high of $105.14.

Alexandria Real Estate Equities (NYSE:ARE) last issued its quarterly earnings results on Monday, January 26th. The real estate investment trust reported $2.16 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.01. The company had revenue of $754.41 million for the quarter, compared to analysts’ expectations of $742.64 million. Alexandria Real Estate Equities had a negative return on equity of 6.82% and a negative net margin of 47.23%.The firm’s revenue for the quarter was down 4.4% on a year-over-year basis. During the same period in the prior year, the firm earned $2.39 earnings per share. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. Equities research analysts predict that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current fiscal year.

Alexandria Real Estate Equities announced that its board has authorized a stock repurchase program on Monday, December 8th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the real estate investment trust to reacquire up to 6.4% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s leadership believes its stock is undervalued.

Alexandria Real Estate Equities Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Investors of record on Wednesday, December 31st were paid a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 5.1%. The ex-dividend date was Wednesday, December 31st. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently -34.12%.

Wall Street Analysts Forecast Growth

ARE has been the subject of several analyst reports. Zacks Research raised shares of Alexandria Real Estate Equities from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 29th. Royal Bank Of Canada dropped their target price on shares of Alexandria Real Estate Equities from $98.00 to $65.00 and set a “sector perform” rating for the company in a report on Monday, November 3rd. Deutsche Bank Aktiengesellschaft boosted their price target on Alexandria Real Estate Equities from $53.00 to $55.00 and gave the company a “hold” rating in a report on Monday, February 2nd. BNP Paribas Exane dropped their price objective on Alexandria Real Estate Equities from $72.00 to $50.00 and set an “underperform” rating for the company in a report on Thursday, December 4th. Finally, The Goldman Sachs Group began coverage on Alexandria Real Estate Equities in a research note on Tuesday. They set a “neutral” rating and a $60.00 target price on the stock. Five investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $66.13.

About Alexandria Real Estate Equities

Alexandria Real Estate Equities, Inc (NYSE: ARE) is a real estate investment trust specializing in the ownership, development and management of collaborative life science and technology campuses. The company’s properties are designed to support research and innovation by providing specialized laboratory, office and manufacturing space tailored to biotechnology, pharmaceutical, academic and related industries.

Since its founding in 1994, Alexandria has cultivated a diversified portfolio of campuses across leading innovation clusters in North America and Europe.