3,667 Shares in Alexandria Real Estate Equities, Inc. $ARE Acquired by waypoint wealth counsel

waypoint wealth counsel bought a new position in Alexandria Real Estate Equities, Inc. (NYSE:ARE) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 3,667 shares of the real estate investment trust’s stock, valued at approximately $266,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Sound Income Strategies LLC acquired a new position in shares of Alexandria Real Estate Equities during the second quarter worth $25,000. American National Bank & Trust acquired a new stake in Alexandria Real Estate Equities in the second quarter valued at $29,000. Tsfg LLC acquired a new stake in Alexandria Real Estate Equities in the first quarter valued at $30,000. Avalon Trust Co bought a new position in shares of Alexandria Real Estate Equities during the first quarter worth about $32,000. Finally, TruNorth Capital Management LLC bought a new position in shares of Alexandria Real Estate Equities during the first quarter worth about $34,000. 96.54% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ARE has been the subject of a number of analyst reports. BMO Capital Markets assumed coverage on Alexandria Real Estate Equities in a research report on Tuesday, September 23rd. They set an “outperform” rating and a $100.00 price objective for the company. Royal Bank Of Canada decreased their target price on shares of Alexandria Real Estate Equities from $100.00 to $98.00 and set a “sector perform” rating for the company in a research report on Tuesday, July 29th. Weiss Ratings reiterated a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research report on Wednesday. BNP Paribas cut shares of Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating and set a $82.00 price objective for the company. in a research report on Wednesday, October 1st. Finally, Evercore ISI upgraded Alexandria Real Estate Equities from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $91.00 to $104.00 in a report on Monday, September 15th. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Alexandria Real Estate Equities has an average rating of “Hold” and a consensus price target of $96.47.

Alexandria Real Estate Equities Stock Down 0.6%

Shares of NYSE ARE opened at $73.98 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.61. The firm has a market cap of $12.80 billion, a PE ratio of -569.08, a P/E/G ratio of 6.21 and a beta of 1.31. The company’s fifty day simple moving average is $80.83 and its 200 day simple moving average is $77.68. Alexandria Real Estate Equities, Inc. has a 12-month low of $67.37 and a 12-month high of $123.10.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings results on Monday, July 21st. The real estate investment trust reported $2.33 EPS for the quarter, topping analysts’ consensus estimates of $2.29 by $0.04. The business had revenue of $737.28 million during the quarter, compared to analysts’ expectations of $748.02 million. Alexandria Real Estate Equities had a negative net margin of 0.33% and a negative return on equity of 0.05%. The business’s quarterly revenue was down .6% on a year-over-year basis. During the same period last year, the company posted $2.36 earnings per share. Alexandria Real Estate Equities has set its FY 2025 guidance at 9.160-9.360 EPS. As a group, sell-side analysts forecast that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be paid a $1.32 dividend. This represents a $5.28 dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend is Tuesday, September 30th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is -4,061.54%.

Alexandria Real Estate Equities Company Profile

Alexandria Real Estate Equities, Inc (NYSE: ARE), an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle.