Quantbot Technologies LP acquired a new stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE – Free Report) in the second quarter, HoldingsChannel.com reports. The fund acquired 63,479 shares of the real estate investment trust’s stock, valued at approximately $3,355,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. FNY Investment Advisers LLC bought a new position in Alexandria Real Estate Equities in the 2nd quarter worth $26,000. Basecamp Wealth Advisors LLC increased its holdings in Alexandria Real Estate Equities by 3,723.5% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 650 shares of the real estate investment trust’s stock worth $30,000 after acquiring an additional 633 shares in the last quarter. CYBER HORNET ETFs LLC bought a new stake in Alexandria Real Estate Equities during the 2nd quarter worth approximately $30,000. BOKF NA raised its stake in Alexandria Real Estate Equities by 6,033.3% during the 3rd quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 362 shares during the period. Finally, MUFG Securities EMEA plc purchased a new position in Alexandria Real Estate Equities during the second quarter valued at approximately $33,000. 96.54% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
ARE has been the topic of several recent analyst reports. The Goldman Sachs Group restated a “neutral” rating and set a $52.00 price objective on shares of Alexandria Real Estate Equities in a research report on Tuesday, May 19th. Zacks Research raised Alexandria Real Estate Equities from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 19th. Morgan Stanley reissued an “underweight” rating and set a $53.00 target price on shares of Alexandria Real Estate Equities in a research note on Thursday, June 11th. Wall Street Zen downgraded Alexandria Real Estate Equities from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th. Finally, Citizens Jmp reaffirmed a “market perform” rating on shares of Alexandria Real Estate Equities in a report on Monday, August 17th. Two analysts have rated the stock with a Buy rating, eleven have given a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $52.38.
Alexandria Real Estate Equities Price Performance
NYSE:ARE opened at $53.42 on Monday. The company has a current ratio of 0.19, a quick ratio of 0.19 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $9.31 billion, a P/E ratio of -8.82 and a beta of 1.15. Alexandria Real Estate Equities, Inc. has a 12 month low of $39.41 and a 12 month high of $88.24. The business’s 50-day moving average is $50.58 and its 200 day moving average is $49.60.
Alexandria Real Estate Equities (NYSE:ARE – Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The real estate investment trust reported ($0.43) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.52). Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.08%.The firm had revenue of $662.78 million during the quarter, compared to the consensus estimate of $464.86 million. During the same period in the previous year, the firm earned $2.33 EPS. The business’s revenue was down 13.0% compared to the same quarter last year. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. On average, equities research analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.38 earnings per share for the current fiscal year.
Alexandria Real Estate Equities Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were issued a $0.72 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 5.4%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently -47.52%.
Insider Transactions at Alexandria Real Estate Equities
In related news, Chairman Joel S. Marcus acquired 5,000 shares of the stock in a transaction dated Monday, August 17th. The stock was acquired at an average cost of $46.28 per share, with a total value of $231,400.00. Following the purchase, the chairman directly owned 592,724 shares of the company’s stock, valued at approximately $27,431,266.72. This trade represents a 0.85% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Marc E. Binda sold 2,000 shares of Alexandria Real Estate Equities stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $54.00, for a total value of $108,000.00. Following the completion of the transaction, the chief financial officer owned 188,264 shares of the company’s stock, valued at approximately $10,166,256. This trade represents a 1.05% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.35% of the stock is currently owned by company insiders.
Alexandria Real Estate Equities Company 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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