Nuance Investments LLC boosted its position in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE – Free Report) by 426.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 191,480 shares of the real estate investment trust’s stock after acquiring an additional 155,132 shares during the quarter. Alexandria Real Estate Equities accounts for approximately 1.0% of Nuance Investments LLC’s investment portfolio, making the stock its 25th biggest position. Nuance Investments LLC’s holdings in Alexandria Real Estate Equities were worth $9,371,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of ARE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Alexandria Real Estate Equities by 102.4% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,245 shares of the real estate investment trust’s stock valued at $2,184,000 after acquiring an additional 11,762 shares during the period. NewEdge Advisors LLC boosted its holdings in Alexandria Real Estate Equities by 4,261.1% during the 1st quarter. NewEdge Advisors LLC now owns 3,140 shares of the real estate investment trust’s stock valued at $290,000 after acquiring an additional 3,068 shares during the period. Empowered Funds LLC boosted its holdings in Alexandria Real Estate Equities by 4.8% during the 1st quarter. Empowered Funds LLC now owns 6,455 shares of the real estate investment trust’s stock valued at $597,000 after acquiring an additional 296 shares during the period. Woodline Partners LP boosted its holdings in Alexandria Real Estate Equities by 39.9% during the 1st quarter. Woodline Partners LP now owns 13,015 shares of the real estate investment trust’s stock valued at $1,204,000 after acquiring an additional 3,714 shares during the period. Finally, Focus Partners Wealth boosted its holdings in Alexandria Real Estate Equities by 171.5% during the 1st quarter. Focus Partners Wealth now owns 6,591 shares of the real estate investment trust’s stock valued at $610,000 after acquiring an additional 4,163 shares during the period. 96.54% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on ARE shares. Jefferies Financial Group lowered their target price on Alexandria Real Estate Equities from $57.00 to $47.00 and set a “hold” rating for the company in a report on Tuesday, April 14th. Citigroup restated an “outperform” rating on shares of Alexandria Real Estate Equities in a report on Monday, May 4th. Royal Bank Of Canada lowered their target price on Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating for the company in a report on Tuesday, May 5th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Alexandria Real Estate Equities in a research report on Monday, April 20th. Finally, BNP Paribas Exane reduced their price target on Alexandria Real Estate Equities from $50.00 to $44.00 and set an “underperform” rating on the stock in a research report on Tuesday, April 28th. Three research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $51.23.
Alexandria Real Estate Equities Stock Performance
Shares of Alexandria Real Estate Equities stock opened at $51.31 on Friday. The firm’s fifty day simple moving average is $46.51 and its 200-day simple moving average is $49.91. The stock has a market capitalization of $8.94 billion, a price-to-earnings ratio of -8.18, a PEG ratio of 6.44 and a beta of 1.19. Alexandria Real Estate Equities, Inc. has a 12 month low of $39.41 and a 12 month high of $88.24. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.20 and a quick ratio of 0.20.
Alexandria Real Estate Equities (NYSE:ARE – Get Free Report) last announced its earnings results on Monday, April 27th. The real estate investment trust reported $1.73 EPS for the quarter, meeting analysts’ consensus estimates of $1.73. The business had revenue of $671.02 million for the quarter, compared to analysts’ expectations of $684.78 million. Alexandria Real Estate Equities had a negative net margin of 36.03% and a negative return on equity of 5.21%. The company’s quarterly revenue was down 11.5% on a year-over-year basis. During the same period in the previous year, the company posted $2.30 EPS. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.300-6.500 EPS. As a group, equities analysts forecast that Alexandria Real Estate Equities, Inc. will post 6.4 earnings per share for the current year.
Alexandria Real Estate Equities Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Alexandria Real Estate Equities’s payout ratio is presently -45.93%.
Insider Activity
In related news, Chairman Joel S. Marcus bought 7,500 shares of the company’s stock in a transaction dated Tuesday, May 5th. The shares were acquired at an average price of $42.72 per share, with a total value of $320,400.00. Following the completion of the acquisition, the chairman owned 587,724 shares in the company, valued at approximately $25,107,569.28. This trade represents a 1.29% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Hallie E. Kuhn sold 536 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $48.20, for a total value of $25,835.20. Following the completion of the transaction, the executive vice president directly owned 48,301 shares in the company, valued at approximately $2,328,108.20. The trade was a 1.10% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.35% of the company’s stock.
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.
Read More
- Five stocks we like better than Alexandria Real Estate Equities
- AI Server Earnings: Wall Street Sees One Clear Standout
- Navitas: NVIDIA’s AI Power Broker?
- A Lulu of a Miss Sends Lululemon to New Lows—Look Out Below
- NVIDIA’s New Power Play: Why Fluence Is Surging
Want to see what other hedge funds are holding ARE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Alexandria Real Estate Equities, Inc. (NYSE:ARE – Free Report).
Receive News & Ratings for Alexandria Real Estate Equities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alexandria Real Estate Equities and related companies with MarketBeat.com's FREE daily email newsletter.
