Gradient Investments LLC Acquires 13,228 Shares of Alexandria Real Estate Equities, Inc. $ARE

Gradient Investments LLC boosted its holdings in Alexandria Real Estate Equities, Inc. (NYSE:AREFree Report) by 5.0% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 276,944 shares of the real estate investment trust’s stock after buying an additional 13,228 shares during the quarter. Gradient Investments LLC’s holdings in Alexandria Real Estate Equities were worth $14,637,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. FNY Investment Advisers LLC bought a new stake in shares of Alexandria Real Estate Equities in the second quarter worth approximately $26,000. Czech National Bank raised its holdings in shares of Alexandria Real Estate Equities by 5.1% during the second quarter. Czech National Bank now owns 44,643 shares of the real estate investment trust’s stock valued at $2,359,000 after purchasing an additional 2,165 shares during the last quarter. Hilltop National Bank lifted its position in Alexandria Real Estate Equities by 96.8% during the second quarter. Hilltop National Bank now owns 1,474 shares of the real estate investment trust’s stock valued at $78,000 after purchasing an additional 725 shares during the period. CX Institutional lifted its position in Alexandria Real Estate Equities by 71.5% during the second quarter. CX Institutional now owns 3,330 shares of the real estate investment trust’s stock valued at $176,000 after purchasing an additional 1,388 shares during the period. Finally, Basecamp Wealth Advisors LLC boosted its holdings in Alexandria Real Estate Equities by 3,723.5% in the first quarter. Basecamp Wealth Advisors LLC now owns 650 shares of the real estate investment trust’s stock worth $30,000 after purchasing an additional 633 shares during the last quarter. Institutional investors own 96.54% of the company’s stock.

Alexandria Real Estate Equities Stock Performance

Shares of NYSE ARE opened at $49.74 on Friday. The firm has a 50 day moving average of $51.14 and a 200 day moving average of $50.19. The company has a current ratio of 0.19, a quick ratio of 0.20 and a debt-to-equity ratio of 0.67. The firm has a market capitalization of $8.67 billion, a price-to-earnings ratio of -8.21, a price-to-earnings-growth ratio of 6.05 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.

Alexandria Real Estate Equities (NYSE:AREGet Free Report) last announced its earnings results on Monday, August 3rd. The real estate investment trust reported ($0.43) EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.52). Alexandria Real Estate Equities had a negative net margin of 36.08% and a negative return on equity of 5.21%. The business had revenue of $662.78 million for the quarter, compared to analysts’ expectations of $464.86 million. During the same period in the prior year, the company posted $2.33 earnings per share. The firm’s quarterly revenue was down 13.0% on a year-over-year basis. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. On average, research analysts anticipate that Alexandria Real Estate Equities, Inc. will post 6.37 earnings per share for the current year.

Alexandria Real Estate Equities Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th were paid a $0.72 dividend. This represents a $2.88 annualized dividend and a dividend yield of 5.8%. The ex-dividend date was Tuesday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio is -47.52%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on ARE shares. Mizuho cut their target price on shares of Alexandria Real Estate Equities from $70.00 to $60.00 and set an “outperform” rating for the company in a research report on Monday, July 6th. Citigroup reissued a “market perform” rating on shares of Alexandria Real Estate Equities in a report on Monday, July 27th. BMO Capital Markets raised their price target on Alexandria Real Estate Equities from $52.00 to $54.00 and gave the stock a “market perform” rating in a research note on Friday, June 12th. Zacks Research lowered Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating in a report on Friday, July 17th. Finally, BNP Paribas Exane upped their price objective on Alexandria Real Estate Equities from $45.00 to $48.00 and gave the company an “underperform” rating in a research report on Wednesday. Two investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus price target of $52.00.

Read Our Latest Analysis on Alexandria Real Estate Equities

Insider Buying and Selling

In related news, CFO Marc E. Binda sold 2,000 shares of the firm’s stock in a transaction 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 transaction, the chief financial officer directly 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.35% of the company’s stock.

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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Institutional Ownership by Quarter for Alexandria Real Estate Equities (NYSE:ARE)

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