LVM Capital Management Ltd. MI acquired a new position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 11,675 shares of the real estate investment trust’s stock, valued at approximately $617,000.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in ARE. Farther Finance Advisors LLC grew its position in shares of Alexandria Real Estate Equities by 18.1% during the 4th quarter. Farther Finance Advisors LLC now owns 1,228 shares of the real estate investment trust’s stock worth $60,000 after buying an additional 188 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Alexandria Real Estate Equities by 0.9% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,443 shares of the real estate investment trust’s stock valued at $1,711,000 after acquiring an additional 198 shares during the period. New Mexico Educational Retirement Board raised its position in shares of Alexandria Real Estate Equities by 2.9% in the 4th quarter. New Mexico Educational Retirement Board now owns 7,200 shares of the real estate investment trust’s stock valued at $352,000 after acquiring an additional 200 shares during the period. CIBC Private Wealth Group LLC boosted its stake in Alexandria Real Estate Equities by 109.6% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 436 shares of the real estate investment trust’s stock worth $36,000 after acquiring an additional 228 shares during the last quarter. Finally, Quarry LP boosted its stake in Alexandria Real Estate Equities by 33.9% during the 4th quarter. Quarry LP now owns 991 shares of the real estate investment trust’s stock worth $48,000 after acquiring an additional 251 shares during the last quarter. Institutional investors own 96.54% of the company’s stock.
Insider Buying and Selling
In other Alexandria Real Estate Equities news, CFO Marc E. Binda sold 2,000 shares of the business’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $54.00, for a total transaction of $108,000.00. Following the sale, the chief financial officer directly owned 188,264 shares of the company’s stock, valued at $10,166,256. The trade was a 1.05% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.35% of the stock is owned by company insiders.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on ARE
Alexandria Real Estate Equities Stock Down 2.7%
NYSE:ARE opened at $48.41 on Tuesday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.19 and a current ratio of 0.19. The company has a market cap of $8.44 billion, a PE ratio of -7.99, a PEG ratio of 6.05 and a beta of 1.15. Alexandria Real Estate Equities, Inc. has a 52-week low of $39.41 and a 52-week high of $88.24. The stock has a 50-day simple moving average of $51.13 and a 200 day simple moving average of $50.07.
Alexandria Real Estate Equities (NYSE:ARE – Get Free Report) last released its earnings results on Monday, August 3rd. The real estate investment trust reported ($0.43) EPS for the quarter, missing the consensus estimate 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 firm had revenue of $662.78 million during the quarter, compared to the consensus estimate of $464.86 million. During the same quarter in the previous year, the firm posted $2.33 EPS. The company’s 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, sell-side analysts expect that Alexandria Real Estate Equities, Inc. will post 6.37 EPS for the current fiscal year.
Alexandria Real Estate Equities Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were paid a $0.72 dividend. This represents a $2.88 annualized dividend and a yield of 5.9%. The ex-dividend date was Tuesday, June 30th. Alexandria Real Estate Equities’s payout ratio is presently -47.52%.
Alexandria Real Estate Equities 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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