IFM Investors Pty Ltd Has $1.31 Million Position in Alexandria Real Estate Equities, Inc. $ARE

IFM Investors Pty Ltd lessened its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 47.0% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 28,219 shares of the real estate investment trust’s stock after selling 25,010 shares during the period. IFM Investors Pty Ltd’s holdings in Alexandria Real Estate Equities were worth $1,310,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ARE. SJS Investment Consulting Inc. increased its position in Alexandria Real Estate Equities by 38.7% in the 1st quarter. SJS Investment Consulting Inc. now owns 1,150 shares of the real estate investment trust’s stock valued at $53,000 after acquiring an additional 321 shares in the last quarter. Inspire Investing LLC grew its stake in shares of Alexandria Real Estate Equities by 6.5% during the first quarter. Inspire Investing LLC now owns 24,075 shares of the real estate investment trust’s stock valued at $1,118,000 after purchasing an additional 1,473 shares during the last quarter. Fort Washington Investment Advisors Inc. OH grew its stake in shares of Alexandria Real Estate Equities by 3.8% during the first quarter. Fort Washington Investment Advisors Inc. OH now owns 542,555 shares of the real estate investment trust’s stock valued at $25,185,000 after purchasing an additional 19,687 shares during the last quarter. Louisiana State Employees Retirement System acquired a new stake in shares of Alexandria Real Estate Equities in the first quarter valued at approximately $367,000. Finally, SG Americas Securities LLC increased its holdings in shares of Alexandria Real Estate Equities by 157.2% in the first quarter. SG Americas Securities LLC now owns 399,722 shares of the real estate investment trust’s stock valued at $18,555,000 after purchasing an additional 244,302 shares in the last quarter. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Alexandria Real Estate Equities Stock Down 0.1%

Alexandria Real Estate Equities stock opened at $52.54 on Friday. The company’s 50 day simple moving average is $49.20 and its 200 day simple moving average is $50.29. Alexandria Real Estate Equities, Inc. has a fifty-two week low of $39.41 and a fifty-two week high of $88.24. The firm has a market capitalization of $9.16 billion, a price-to-earnings ratio of -8.38, a PEG ratio of 6.37 and a beta of 1.17. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.20 and a quick ratio of 0.20.

Alexandria Real Estate Equities (NYSE:ARE) last issued its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $1.73 EPS for the quarter, hitting the consensus estimate of $1.73. The business had revenue of $671.02 million for the quarter, compared to the consensus estimate of $684.78 million. Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.03%.The firm’s revenue was down 11.5% compared to the same quarter last year. During the same quarter last year, the business posted $2.30 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. As a group, sell-side analysts anticipate that Alexandria Real Estate Equities, Inc. will post 6.4 EPS for the current year.

Alexandria Real Estate Equities Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders 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 dividend on an annualized basis and a dividend yield of 5.5%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is currently -45.93%.

Insiders Place Their Bets

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

Analyst Ratings Changes

Several research firms have issued reports on ARE. Wall Street Zen raised Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. The Goldman Sachs Group reissued a “neutral” rating and issued a $52.00 target price on shares of Alexandria Real Estate Equities in a research note on Tuesday, May 19th. BMO Capital Markets upped their price target on Alexandria Real Estate Equities from $52.00 to $54.00 and gave the company a “market perform” rating in a research note on Friday, June 12th. Morgan Stanley reiterated an “underweight” rating and issued a $53.00 price target on shares of Alexandria Real Estate Equities in a report on Thursday, June 11th. Finally, Jefferies Financial Group decreased their price target on Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating on the stock in a report on Tuesday, April 14th. Three equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, Alexandria Real Estate Equities has an average rating of “Hold” and a consensus price target of $51.85.

Alexandria Real Estate Equities Profile

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.