Americana Partners LLC bought a new stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund bought 12,082 shares of the real estate investment trust’s stock, valued at approximately $591,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Avalon Trust Co bought a new stake in shares of Alexandria Real Estate Equities during the 3rd quarter valued at $29,000. Cornerstone Planning Group LLC raised its position in shares of Alexandria Real Estate Equities by 5,916.7% during the 3rd quarter. Cornerstone Planning Group LLC now owns 361 shares of the real estate investment trust’s stock valued at $30,000 after acquiring an additional 355 shares during the last quarter. BOKF NA increased its position in shares of Alexandria Real Estate Equities by 6,033.3% in the 3rd quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock valued at $31,000 after buying an additional 362 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in shares of Alexandria Real Estate Equities in the 2nd quarter valued at $30,000. Finally, CIBC Private Wealth Group LLC increased its position in shares of Alexandria Real Estate Equities by 109.6% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 436 shares of the real estate investment trust’s stock valued at $36,000 after buying an additional 228 shares in the last quarter. Institutional investors own 96.54% of the company’s stock.
Analyst Ratings Changes
A number of analysts recently commented on ARE shares. Wall Street Zen upgraded shares of Alexandria Real Estate Equities from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Morgan Stanley lowered their price objective on shares of Alexandria Real Estate Equities from $55.00 to $54.00 and set an “equal weight” rating for the company in a research report on Monday, February 9th. JPMorgan Chase & Co. lowered their price objective on shares of 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. Citigroup restated an “outperform” rating on shares of Alexandria Real Estate Equities in a research report on Monday, May 4th. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $52.00 price objective on shares of Alexandria Real Estate Equities in a research report on Tuesday, May 19th. Three equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Alexandria Real Estate Equities has an average rating of “Hold” and a consensus price target of $51.31.
Alexandria Real Estate Equities Price Performance
Shares of NYSE ARE opened at $48.36 on Monday. The firm has a market cap of $8.43 billion, a PE ratio of -7.71, a PEG ratio of 5.86 and a beta of 1.12. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.65. Alexandria Real Estate Equities, Inc. has a 1-year low of $39.41 and a 1-year high of $88.24. The company has a fifty day moving average price of $46.12 and a 200 day moving average price of $50.13.
Alexandria Real Estate Equities (NYSE:ARE – Get Free Report) last announced its earnings results on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.73. The firm had revenue of $671.02 million during the quarter, compared to analyst estimates of $684.78 million. Alexandria Real Estate Equities had a negative net margin of 36.03% and a negative return on equity of 5.21%. The company’s revenue for the quarter was down 11.5% compared to the same quarter last year. During the same period in the prior year, the business earned $2.30 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. Research 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 announced a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were paid a $0.72 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $2.88 dividend on an annualized basis and a yield of 6.0%. Alexandria Real Estate Equities’s dividend payout ratio is presently -45.93%.
Insider Buying and Selling
In related news, EVP Gregory Calvin Thomas bought 3,500 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Thursday, April 30th. The stock was purchased at an average cost of $41.00 per share, with a total value of $143,500.00. Following the purchase, the executive vice president owned 33,024 shares in the company, valued at approximately $1,353,984. This trade represents a 11.85% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Chairman Joel S. Marcus bought 7,500 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Tuesday, May 5th. The stock was bought at an average cost of $42.72 per share, with a total value of $320,400.00. Following the completion of the purchase, the chairman owned 587,724 shares in the company, valued at approximately $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. Company insiders own 1.35% of the company’s stock.
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.
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