Brookwood Investment Group LLC Buys 3,076 Shares of Alexandria Real Estate Equities, Inc. $ARE

Brookwood Investment Group LLC boosted its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 75.9% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,130 shares of the real estate investment trust’s stock after buying an additional 3,076 shares during the quarter. Brookwood Investment Group LLC’s holdings in Alexandria Real Estate Equities were worth $518,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Sound Income Strategies LLC bought a new position in Alexandria Real Estate Equities during the second quarter valued at about $25,000. Avalon Trust Co purchased a new stake in Alexandria Real Estate Equities during the first quarter valued at about $32,000. TruNorth Capital Management LLC purchased a new stake in Alexandria Real Estate Equities during the first quarter valued at about $34,000. Cromwell Holdings LLC purchased a new stake in Alexandria Real Estate Equities during the first quarter valued at about $36,000. Finally, American National Bank & Trust purchased a new stake in Alexandria Real Estate Equities during the second quarter valued at about $29,000. Institutional investors own 96.54% of the company’s stock.

Alexandria Real Estate Equities Stock Up 0.5%

ARE stock opened at $77.82 on Tuesday. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.61. The company’s 50 day moving average is $81.09 and its 200 day moving average is $76.89. The stock has a market cap of $13.46 billion, a price-to-earnings ratio of -598.60, a price-to-earnings-growth ratio of 6.50 and a beta of 1.31. Alexandria Real Estate Equities, Inc. has a 1-year low of $67.37 and a 1-year high of $116.52.

Alexandria Real Estate Equities (NYSE:ARE) last posted its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $2.22 earnings per share for the quarter, missing the consensus estimate of $2.31 by ($0.09). The company had revenue of $751.94 million during the quarter, compared to the consensus estimate of $752.90 million. Alexandria Real Estate Equities had a negative return on equity of 0.05% and a negative net margin of 0.33%.The firm’s revenue for the quarter was down 5.0% on a year-over-year basis. During the same quarter last year, the company posted $2.37 earnings per share. Alexandria Real Estate Equities has set its FY 2025 guidance at 8.980-9.040 EPS. Sell-side analysts predict that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were given a $1.32 dividend. This represents a $5.28 annualized dividend and a dividend yield of 6.8%. The ex-dividend date was Tuesday, September 30th. Alexandria Real Estate Equities’s dividend payout ratio is -4,061.54%.

Analyst Upgrades and Downgrades

ARE has been the topic of several recent research reports. Cantor Fitzgerald dropped their price objective on shares of Alexandria Real Estate Equities from $88.00 to $79.00 and set a “neutral” rating on the stock in a report on Monday, October 13th. BNP Paribas downgraded shares of Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating and set a $82.00 price objective on the stock. in a report on Wednesday, October 1st. BMO Capital Markets assumed coverage on shares of Alexandria Real Estate Equities in a report on Tuesday, September 23rd. They set an “outperform” rating and a $100.00 price objective on the stock. Evercore ISI raised shares of 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. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Alexandria Real Estate Equities in a report on Wednesday, October 8th. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $95.87.

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.