Commonwealth of Pennsylvania Public School Empls Retrmt SYS Acquires 15,300 Shares of Alexandria Real Estate Equities, Inc. $ARE

Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in Alexandria Real Estate Equities, Inc. (NYSE:AREFree Report) by 16.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 108,949 shares of the real estate investment trust’s stock after acquiring an additional 15,300 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS owned 0.06% of Alexandria Real Estate Equities worth $5,332,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of ARE. Avalon Trust Co acquired a new position in shares of Alexandria Real Estate Equities during the third quarter worth about $29,000. Cornerstone Planning Group LLC boosted its position 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 worth $30,000 after buying an additional 355 shares during the period. CYBER HORNET ETFs LLC acquired a new position in shares of Alexandria Real Estate Equities during the second quarter worth about $30,000. BOKF NA boosted its position in shares of Alexandria Real Estate Equities by 6,033.3% during the third quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock worth $31,000 after buying an additional 362 shares during the period. Finally, MUFG Securities EMEA plc acquired a new position in shares of Alexandria Real Estate Equities during the second quarter worth about $33,000. 96.54% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Alexandria Real Estate Equities

In related news, Chairman Joel S. Marcus purchased 7,500 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Tuesday, May 5th. The stock was purchased at an average cost of $42.72 per share, with a total value of $320,400.00. Following the completion of the transaction, the chairman owned 587,724 shares of the company’s stock, valued at approximately $25,107,569.28. This trade represents a 1.29% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Hallie E. Kuhn sold 536 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $48.20, for a total value of $25,835.20. Following the completion of the sale, the executive vice president directly owned 48,301 shares of the company’s stock, valued at approximately $2,328,108.20. The trade was a 1.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.35% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on ARE shares. JPMorgan Chase & Co. reduced their price objective on Alexandria Real Estate Equities from $63.00 to $57.00 and set a “neutral” rating for the company in a research report on Tuesday, March 10th. Morgan Stanley reduced their price objective on Alexandria Real Estate Equities from $54.00 to $53.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 26th. Cantor Fitzgerald reduced their price objective on Alexandria Real Estate Equities from $60.00 to $43.00 and set a “neutral” rating for the company in a research report on Wednesday, April 29th. Royal Bank Of Canada reduced their price objective on Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating for the company in a research report on Tuesday, May 5th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research report on Monday, April 20th. Three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $51.23.

Get Our Latest Analysis on Alexandria Real Estate Equities

Alexandria Real Estate Equities Stock Performance

Shares of NYSE ARE opened at $52.82 on Wednesday. The stock has a 50 day moving average price of $46.14 and a 200 day moving average price of $49.91. Alexandria Real Estate Equities, Inc. has a 52 week low of $39.41 and a 52 week high of $88.24. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.20 and a current ratio of 0.20. The stock has a market capitalization of $9.20 billion, a PE ratio of -8.42, a price-to-earnings-growth ratio of 5.89 and a beta of 1.19.

Alexandria Real Estate Equities (NYSE:AREGet Free Report) last issued its quarterly earnings results on Monday, April 27th. The real estate investment trust reported $1.73 EPS for the quarter, meeting the consensus estimate of $1.73. Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.03%.The firm had revenue of $671.02 million during the quarter, compared to analysts’ expectations of $684.78 million. During the same period in the prior year, the firm posted $2.30 earnings per share. The business’s quarterly revenue was down 11.5% compared to the same quarter last year. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. Analysts predict that Alexandria Real Estate Equities, Inc. will post 6.4 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a dividend of $0.72 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.88 annualized dividend and a yield of 5.5%. Alexandria Real Estate Equities’s dividend payout ratio is -45.93%.

Alexandria Real Estate Equities Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Alexandria Real Estate Equities (NYSE:ARE)

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