Alexandria Real Estate Equities, Inc. $ARE Shares Acquired by Nuance Investments LLC

Nuance Investments LLC raised its position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 7.5% in the second quarter, HoldingsChannel reports. The firm owned 50,573 shares of the real estate investment trust’s stock after acquiring an additional 3,543 shares during the period. Nuance Investments LLC’s holdings in Alexandria Real Estate Equities were worth $3,673,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Sound Income Strategies LLC acquired a new stake in shares of Alexandria Real Estate Equities in the second quarter valued at approximately $25,000. American National Bank & Trust bought a new position in Alexandria Real Estate Equities in the 2nd quarter worth approximately $29,000. Avalon Trust Co acquired a new stake in Alexandria Real Estate Equities in the 1st quarter valued at approximately $32,000. TruNorth Capital Management LLC acquired a new stake in Alexandria Real Estate Equities in the 1st quarter valued at approximately $34,000. Finally, AlphaQuest LLC raised its stake in Alexandria Real Estate Equities by 370.5% during the 1st quarter. AlphaQuest LLC now owns 414 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 326 shares in the last quarter. Institutional investors own 96.54% of the company’s stock.

Alexandria Real Estate Equities Stock Performance

ARE opened at $55.64 on Friday. The company has a quick ratio of 0.23, a current ratio of 0.24 and a debt-to-equity ratio of 0.65. The firm has a market cap of $9.62 billion, a PE ratio of -22.52, a P/E/G ratio of 5.06 and a beta of 1.29. The business has a fifty day simple moving average of $76.85 and a 200-day simple moving average of $75.60. Alexandria Real Estate Equities, Inc. has a fifty-two week low of $52.94 and a fifty-two week high of $114.69.

Alexandria Real Estate Equities (NYSE:ARE) last announced its earnings results on Monday, October 27th. The real estate investment trust reported $2.22 EPS for the quarter, missing the consensus estimate of $2.31 by ($0.09). Alexandria Real Estate Equities had a negative net margin of 13.43% and a negative return on equity of 1.89%. The company had revenue of $751.94 million for the quarter, compared to analysts’ expectations of $752.90 million. During the same period in the prior year, the company earned $2.37 earnings per share. The company’s revenue for the quarter was down 5.0% on a year-over-year basis. Alexandria Real Estate Equities has set its FY 2025 guidance at 8.980-9.040 EPS. As a group, equities 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 company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were paid a dividend of $1.32 per share. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $5.28 dividend on an annualized basis and a yield of 9.5%. Alexandria Real Estate Equities’s dividend payout ratio is currently -213.77%.

Analyst Ratings Changes

Several research firms have recently issued reports on ARE. Zacks Research cut Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating in a research note on Thursday. Cantor Fitzgerald decreased their target price on shares of Alexandria Real Estate Equities from $79.00 to $52.00 and set a “neutral” rating for the company in a research report on Tuesday, October 28th. BNP Paribas cut shares of Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating and set a $82.00 target price on the stock. in a research note on Wednesday, October 1st. BMO Capital Markets started coverage on shares of Alexandria Real Estate Equities in a research note on Tuesday, September 23rd. They issued an “outperform” rating and a $100.00 price target for the company. Finally, Royal Bank Of Canada decreased their price objective on shares of Alexandria Real Estate Equities from $98.00 to $65.00 and set a “sector perform” rating for the company in a report on Monday, November 3rd. Three investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and an average price target of $81.71.

About Alexandria Real Estate Equities

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.