Cbre Investment Management Listed Real Assets LLC Decreases Position in Alexandria Real Estate Equities, Inc. $ARE

Cbre Investment Management Listed Real Assets LLC cut its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 63.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 178,107 shares of the real estate investment trust’s stock after selling 313,309 shares during the period. Cbre Investment Management Listed Real Assets LLC’s holdings in Alexandria Real Estate Equities were worth $8,717,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of ARE. Norges Bank bought a new position in shares of Alexandria Real Estate Equities during the fourth quarter valued at approximately $805,429,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Alexandria Real Estate Equities by 1,022.1% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,813,955 shares of the real estate investment trust’s stock valued at $151,175,000 after buying an additional 1,652,298 shares during the last quarter. Menora Mivtachim Holdings LTD. bought a new position in shares of Alexandria Real Estate Equities during the third quarter valued at approximately $61,255,000. AQR Capital Management LLC grew its stake in shares of Alexandria Real Estate Equities by 26.1% during the third quarter. AQR Capital Management LLC now owns 2,564,915 shares of the real estate investment trust’s stock valued at $211,682,000 after buying an additional 531,668 shares during the last quarter. Finally, Lasalle Investment Management Securities LLC grew its stake in shares of Alexandria Real Estate Equities by 43.4% during the fourth quarter. Lasalle Investment Management Securities LLC now owns 1,703,228 shares of the real estate investment trust’s stock valued at $83,356,000 after buying an additional 515,649 shares during the last quarter. Institutional investors own 96.54% of the company’s stock.

Alexandria Real Estate Equities Stock Down 1.9%

Shares of NYSE:ARE opened at $48.72 on Tuesday. 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 market cap of $8.49 billion, a P/E ratio of -7.77, a price-to-earnings-growth ratio of 6.02 and a beta of 1.12. The business’s 50 day moving average is $46.14 and its 200 day moving average is $49.91. The company has a quick ratio of 0.20, a current ratio of 0.20 and a debt-to-equity ratio of 0.65.

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

Alexandria Real Estate Equities Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend is Tuesday, June 30th. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is -45.93%.

Wall Street Analyst Weigh In

ARE has been the topic of a number of analyst reports. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $52.00 target price on shares of Alexandria Real Estate Equities in a research note on Tuesday, May 19th. Royal Bank Of Canada cut their target price on Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating on the stock in a research note on Tuesday, May 5th. BNP Paribas Exane cut their target price on Alexandria Real Estate Equities from $50.00 to $44.00 and set an “underperform” rating on the stock in a research note on Tuesday, April 28th. Citigroup reaffirmed an “outperform” rating on shares of Alexandria Real Estate Equities in a research note on Monday, May 4th. Finally, Morgan Stanley cut their target price on Alexandria Real Estate Equities from $54.00 to $53.00 and set an “equal weight” rating on the stock in a research note on Tuesday, May 26th. Three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $51.23.

Insider Buying and Selling at Alexandria Real Estate Equities

In other Alexandria Real Estate Equities news, EVP Hallie E. Kuhn sold 536 shares of the stock in a transaction 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 owned 48,301 shares of the company’s stock, valued at approximately $2,328,108.20. This trade represents a 1.10% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Gregory Calvin Thomas bought 3,500 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were bought at an average cost of $41.00 per share, for a total transaction of $143,500.00. Following the transaction, the executive vice president directly owned 33,024 shares in the company, valued at approximately $1,353,984. This represents a 11.85% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 1.35% of the company’s stock.

About Alexandria Real Estate Equities

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.