Geode Capital Management LLC Acquires 48,490 Shares of Alexandria Real Estate Equities, Inc. $ARE

Geode Capital Management LLC grew its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 1.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 4,459,453 shares of the real estate investment trust’s stock after buying an additional 48,490 shares during the period. Geode Capital Management LLC’s holdings in Alexandria Real Estate Equities were worth $217,466,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ARE. DNB Asset Management AS boosted its position in shares of Alexandria Real Estate Equities by 121.4% in the third quarter. DNB Asset Management AS now owns 92,657 shares of the real estate investment trust’s stock valued at $7,722,000 after acquiring an additional 50,810 shares during the period. Cbre Investment Management Listed Real Assets LLC boosted its position in shares of Alexandria Real Estate Equities by 159.3% in the third quarter. Cbre Investment Management Listed Real Assets LLC now owns 491,416 shares of the real estate investment trust’s stock valued at $40,955,000 after acquiring an additional 301,906 shares during the period. Savant Capital LLC boosted its position in shares of Alexandria Real Estate Equities by 64.2% in the third quarter. Savant Capital LLC now owns 54,617 shares of the real estate investment trust’s stock valued at $4,552,000 after acquiring an additional 21,347 shares during the period. Gradient Investments LLC boosted its position in shares of Alexandria Real Estate Equities by 1,453.9% in the fourth quarter. Gradient Investments LLC now owns 257,838 shares of the real estate investment trust’s stock valued at $12,619,000 after acquiring an additional 241,245 shares during the period. Finally, Oppenheimer Asset Management Inc. boosted its position in shares of Alexandria Real Estate Equities by 186.8% in the third quarter. Oppenheimer Asset Management Inc. now owns 58,449 shares of the real estate investment trust’s stock valued at $4,871,000 after acquiring an additional 38,071 shares during the period. Institutional investors own 96.54% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Jefferies Financial Group cut their price objective on shares of Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating for the company in a research report on Tuesday, April 14th. Royal Bank Of Canada cut their price objective on shares of Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating for the company in a research report on Tuesday, May 5th. The Goldman Sachs Group restated a “neutral” rating and issued a $52.00 price objective on shares of Alexandria Real Estate Equities in a research report on Tuesday, May 19th. BNP Paribas Exane cut their price objective on shares of Alexandria Real Estate Equities from $50.00 to $44.00 and set an “underperform” rating for the company in a research report on Tuesday, April 28th. Finally, Citigroup restated an “outperform” rating on shares of Alexandria Real Estate Equities in a research report on Monday, May 4th. Three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company 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 Gregory Calvin Thomas purchased 3,500 shares of the firm’s stock in a transaction on Thursday, April 30th. The shares were purchased at an average cost of $41.00 per share, with a total value of $143,500.00. Following the completion of the purchase, the executive vice president owned 33,024 shares of the company’s stock, valued at $1,353,984. The trade was a 11.85% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman Joel S. Marcus purchased 7,500 shares of the firm’s stock in a transaction on Tuesday, May 5th. The shares were acquired at an average cost of $42.72 per share, for a total transaction of $320,400.00. Following the completion of the purchase, the chairman directly owned 587,724 shares of the company’s stock, valued at approximately $25,107,569.28. This represents a 1.29% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.35% of the stock is currently owned by company insiders.

Alexandria Real Estate Equities Trading Up 8.6%

Shares of Alexandria Real Estate Equities stock opened at $52.82 on Wednesday. Alexandria Real Estate Equities, Inc. has a 1 year low of $39.41 and a 1 year high of $88.24. The firm has a market cap of $9.20 billion, a PE ratio of -8.42, a PEG ratio of 5.89 and a beta of 1.19. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.20 and a quick ratio of 0.20. The company has a 50 day simple moving average of $46.14 and a two-hundred day simple moving average of $49.91.

Alexandria Real Estate Equities (NYSE:ARE) last announced its earnings results on Monday, April 27th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.73. Alexandria Real Estate Equities had a negative net margin of 36.03% and a negative return on equity of 5.21%. The business had revenue of $671.02 million during the quarter, compared to analyst estimates of $684.78 million. During the same period in the previous year, the business posted $2.30 earnings per share. Alexandria Real Estate Equities’s revenue for the quarter was down 11.5% on a year-over-year basis. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. Analysts expect that Alexandria Real Estate Equities, Inc. will post 6.4 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

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. The ex-dividend date is Tuesday, June 30th. This represents a $2.88 annualized dividend and a yield of 5.5%. Alexandria Real Estate Equities’s payout ratio is presently -45.93%.

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.