Hallie Kuhn Sells 536 Shares of Alexandria Real Estate Equities (NYSE:ARE) Stock

Alexandria Real Estate Equities, Inc. (NYSE:ARE) EVP Hallie Kuhn sold 536 shares of the company’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of $48.20, for a total transaction of $25,835.20. Following the sale, the executive vice president directly owned 48,301 shares in the company, valued at $2,328,108.20. This trade represents a 1.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Alexandria Real Estate Equities Stock Performance

Alexandria Real Estate Equities stock opened at $46.63 on Thursday. The firm’s 50 day simple moving average is $49.02 and its 200 day simple moving average is $54.00. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $8.07 billion, a PE ratio of -5.52, a price-to-earnings-growth ratio of 5.78 and a beta of 1.33. Alexandria Real Estate Equities, Inc. has a 1-year low of $41.44 and a 1-year high of $88.24.

Alexandria Real Estate Equities (NYSE:ARE) last issued its quarterly earnings results on Monday, January 26th. The real estate investment trust reported $2.16 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.01. The firm had revenue of $754.41 million for the quarter, compared to analyst estimates of $742.64 million. Alexandria Real Estate Equities had a negative net margin of 47.23% and a negative return on equity of 6.82%. The business’s revenue for the quarter was down 4.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.39 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.250-6.550 EPS. As a group, analysts expect that Alexandria Real Estate Equities, Inc. will post 6.41 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, April 15th. Stockholders of record on Tuesday, March 31st were issued 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 6.2%. Alexandria Real Estate Equities’s dividend payout ratio is presently -34.12%.

Institutional Investors Weigh In On Alexandria Real Estate Equities

Institutional investors have recently made changes to their positions in the business. Avalon Trust Co purchased a new stake in shares of Alexandria Real Estate Equities in the 3rd quarter valued at $29,000. Cornerstone Planning Group LLC boosted its stake in shares of Alexandria Real Estate Equities by 5,916.7% in the 3rd quarter. Cornerstone Planning Group LLC now owns 361 shares of the real estate investment trust’s stock valued at $30,000 after purchasing an additional 355 shares in the last quarter. CYBER HORNET ETFs LLC purchased a new stake in shares of Alexandria Real Estate Equities in the 2nd quarter valued at $30,000. BOKF NA boosted its stake in shares of Alexandria Real Estate Equities by 6,033.3% in the 3rd quarter. BOKF NA now owns 368 shares of the real estate investment trust’s stock valued at $31,000 after purchasing an additional 362 shares in the last quarter. Finally, MUFG Securities EMEA plc purchased a new stake in shares of Alexandria Real Estate Equities in the 2nd quarter valued at $33,000. Hedge funds and other institutional investors own 96.54% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on ARE. Cantor Fitzgerald increased their price target on shares of Alexandria Real Estate Equities from $46.00 to $60.00 and gave the stock a “neutral” rating in a report on Wednesday, January 28th. BMO Capital Markets reissued a “market perform” rating and issued a $52.00 price target (down from $65.00) on shares of Alexandria Real Estate Equities in a report on Wednesday, March 25th. Deutsche Bank Aktiengesellschaft increased 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 report on Monday, February 2nd. Jefferies Financial Group decreased their price target on shares of Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating on the stock in a report on Tuesday, April 14th. Finally, Zacks Research raised shares of Alexandria Real Estate Equities from a “strong sell” rating to a “hold” rating in a report on Thursday, January 29th. Three analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Alexandria Real Estate Equities currently has a consensus rating of “Hold” and an average target price of $63.67.

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.