Northwestern Mutual Wealth Management Co. Has $2.54 Million Position in Alexandria Real Estate Equities, Inc. $ARE

Northwestern Mutual Wealth Management Co. increased its position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE – Free Report) by 789.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 51,884 shares of the real estate investment trust’s stock after purchasing an additional 46,052 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Alexandria Real Estate Equities were worth $2,539,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. DNB Asset Management AS grew its position in Alexandria Real Estate Equities by 121.4% during the third quarter. DNB Asset Management AS now owns 92,657 shares of the real estate investment trust’s stock worth $7,722,000 after buying an additional 50,810 shares in the last quarter. Nan Fung Trinity HK Ltd. acquired a new stake in Alexandria Real Estate Equities during the third quarter worth about $14,664,000. Harvey Capital Management Inc. grew its position in Alexandria Real Estate Equities by 91.8% during the third quarter. Harvey Capital Management Inc. now owns 45,600 shares of the real estate investment trust’s stock worth $3,800,000 after buying an additional 21,825 shares in the last quarter. Cbre Investment Management Listed Real Assets LLC grew its position in Alexandria Real Estate Equities by 159.3% during the third quarter. Cbre Investment Management Listed Real Assets LLC now owns 491,416 shares of the real estate investment trust’s stock worth $40,955,000 after buying an additional 301,906 shares in the last quarter. Finally, Phoenix Financial Ltd. acquired a new stake in Alexandria Real Estate Equities during the third quarter worth about $1,957,000. 96.54% of the stock is owned by institutional investors and hedge funds.

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Alexandria Real Estate Equities Stock Performance

NYSE:ARE opened at $48.36 on Tuesday. Alexandria Real Estate Equities, Inc. has a 1 year low of $39.41 and a 1 year high of $88.24. The firm has a 50 day moving average of $46.08 and a 200-day moving average of $50.09. The company has a current ratio of 0.20, a quick ratio of 0.20 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $8.43 billion, a P/E ratio of -7.71, a price-to-earnings-growth ratio of 5.86 and a beta of 1.12.

Alexandria Real Estate Equities (NYSE:ARE – Get Free Report) last posted its quarterly earnings data on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share for the quarter, hitting the consensus estimate of $1.73. Alexandria Real Estate Equities had a negative net margin of 36.03% and a negative return on equity of 5.21%. The firm had revenue of $671.02 million during the quarter, compared to analysts’ expectations of $684.78 million. During the same quarter in the previous year, the company posted $2.30 EPS. Alexandria Real Estate Equities’s revenue was down 11.5% on a year-over-year basis. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. As a group, sell-side analysts anticipate that Alexandria Real Estate Equities, Inc. will post 6.4 EPS for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders 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 dividend yield of 6.0%. Alexandria Real Estate Equities’s dividend payout ratio is -45.93%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Zacks Research raised Alexandria Real Estate Equities from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 29th. JPMorgan Chase & Co. cut their price target on shares of Alexandria Real Estate Equities from $63.00 to $57.00 and set a “neutral” rating for the company in a research note on Tuesday, March 10th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Alexandria Real Estate Equities from $53.00 to $55.00 and gave the stock a “hold” rating in a research note on Monday, February 2nd. Jefferies Financial Group cut their price target on shares of Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating for the company in a research note on Tuesday, April 14th. Finally, Royal Bank Of Canada cut their price target on shares of Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating for the company in a research note on Tuesday, May 5th. Three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $51.31.

Get Our Latest Stock Report on ARE

Insider Activity

In related news, EVP Gregory Calvin Thomas purchased 3,500 shares of the business’s stock in a transaction dated Thursday, April 30th. The shares were bought at an average price of $41.00 per share, with a total value of $143,500.00. Following the purchase, the executive vice president directly owned 33,024 shares in the company, valued at $1,353,984. This trade represents a 11.85% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, EVP Hallie E. Kuhn sold 536 shares of the stock in a transaction on Friday, April 17th. The shares were sold at an average price of $48.20, for a total value of $25,835.20. Following the completion of the transaction, the executive vice president directly owned 48,301 shares in the company, valued at approximately $2,328,108.20. This trade represents a 1.10% 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.

About Alexandria Real Estate Equities

(Free Report)

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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