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

Nuance Investments LLC lifted its position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 7.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 50,573 shares of the real estate investment trust’s stock after buying 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 SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Invesco Ltd. raised its holdings in Alexandria Real Estate Equities by 39.0% in the 1st quarter. Invesco Ltd. now owns 3,147,743 shares of the real estate investment trust’s stock valued at $291,198,000 after acquiring an additional 882,963 shares during the last quarter. Northern Trust Corp grew its position in shares of Alexandria Real Estate Equities by 6.2% in the first quarter. Northern Trust Corp now owns 2,723,583 shares of the real estate investment trust’s stock valued at $251,959,000 after purchasing an additional 158,177 shares during the period. Charles Schwab Investment Management Inc. increased its stake in Alexandria Real Estate Equities by 2.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 2,530,184 shares of the real estate investment trust’s stock valued at $234,067,000 after purchasing an additional 63,997 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Alexandria Real Estate Equities by 21.8% during the first quarter. Goldman Sachs Group Inc. now owns 1,849,582 shares of the real estate investment trust’s stock worth $171,105,000 after buying an additional 330,673 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Alexandria Real Estate Equities by 2.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,646,542 shares of the real estate investment trust’s stock worth $152,322,000 after buying an additional 36,468 shares during the period. Institutional investors and hedge funds own 96.54% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on ARE shares. BMO Capital Markets initiated coverage on Alexandria Real Estate Equities in a report on Tuesday, September 23rd. They issued an “outperform” rating and a $100.00 price target for the company. BNP Paribas Exane dropped their price target on shares of Alexandria Real Estate Equities from $82.00 to $72.00 and set an “underperform” rating for the company in a research report on Tuesday, October 28th. Evercore ISI cut their price target on shares of Alexandria Real Estate Equities from $104.00 to $74.00 in a research note on Friday, October 31st. Royal Bank Of Canada decreased their price target on shares of Alexandria Real Estate Equities from $98.00 to $65.00 and set a “sector perform” rating on the stock in a report on Monday, November 3rd. Finally, Cantor Fitzgerald dropped their price objective on Alexandria Real Estate Equities from $79.00 to $52.00 and set a “neutral” rating for the company in a report on Tuesday, October 28th. Three equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $81.71.

Alexandria Real Estate Equities Price Performance

Shares of NYSE ARE opened at $55.64 on Friday. Alexandria Real Estate Equities, Inc. has a fifty-two week low of $52.94 and a fifty-two week high of $114.69. 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 price-to-earnings-growth ratio of 5.06 and a beta of 1.29. The business has a 50 day moving average price of $76.85 and a two-hundred day moving average price of $75.60.

Alexandria Real Estate Equities (NYSE:ARE) last released its quarterly earnings data on Monday, October 27th. The real estate investment trust reported $2.22 EPS for the quarter, missing analysts’ consensus estimates of $2.31 by ($0.09). Alexandria Real Estate Equities had a negative return on equity of 1.89% and a negative net margin of 13.43%.The business had revenue of $751.94 million during the quarter, compared to analyst estimates of $752.90 million. During the same period in the prior year, the firm earned $2.37 EPS. The business’s revenue for the quarter was down 5.0% compared to the same quarter last year. Alexandria Real Estate Equities has set its FY 2025 guidance at 8.980-9.040 EPS. Sell-side analysts expect that Alexandria Real Estate Equities, Inc. will post 9.32 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were given a dividend of $1.32 per share. This represents a $5.28 dividend on an annualized basis and a dividend yield of 9.5%. The ex-dividend date was Tuesday, September 30th. Alexandria Real Estate Equities’s dividend payout ratio is presently -213.77%.

Alexandria Real Estate Equities Company Profile

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.