Vanderbilt University Cuts Stock Position in Alexandria Real Estate Equities, Inc. $ARE

Vanderbilt University lessened its stake in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 31.7% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,972 shares of the real estate investment trust’s stock after selling 13,903 shares during the period. Vanderbilt University’s holdings in Alexandria Real Estate Equities were worth $1,391,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. SG Americas Securities LLC grew its stake in shares of Alexandria Real Estate Equities by 157.2% in the first quarter. SG Americas Securities LLC now owns 399,722 shares of the real estate investment trust’s stock worth $18,555,000 after acquiring an additional 244,302 shares during the last quarter. Evolve Private Wealth LLC purchased a new position in shares of Alexandria Real Estate Equities in the 1st quarter worth about $297,000. Hsbc Holdings PLC raised its position in shares of Alexandria Real Estate Equities by 92.9% in the 4th quarter. Hsbc Holdings PLC now owns 1,056,161 shares of the real estate investment trust’s stock worth $51,666,000 after purchasing an additional 508,578 shares during the last quarter. Rockefeller Capital Management L.P. boosted its stake in Alexandria Real Estate Equities by 44.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 4,660 shares of the real estate investment trust’s stock worth $228,000 after purchasing an additional 1,431 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its stake in Alexandria Real Estate Equities by 52.9% in the 4th quarter. Corient Private Wealth LLC now owns 36,557 shares of the real estate investment trust’s stock worth $1,790,000 after purchasing an additional 12,649 shares in the last quarter. Hedge funds and other institutional investors own 96.54% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently commented on ARE. Evercore increased their price objective on shares of Alexandria Real Estate Equities from $55.00 to $58.00 and gave the company an “outperform” rating in a research report on Monday, June 8th. JPMorgan Chase & Co. decreased their target price on shares of Alexandria Real Estate Equities from $63.00 to $57.00 and set a “neutral” rating for the company in a report on Tuesday, March 10th. Morgan Stanley reiterated an “underweight” rating and issued a $53.00 target price on shares of Alexandria Real Estate Equities in a research note on Thursday, June 11th. Jefferies Financial Group cut 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, Robert W. Baird reissued a “neutral” rating and set a $46.00 price target (down from $67.00) on shares of Alexandria Real Estate Equities in a research report on Monday, May 4th. Three research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $51.62.

Insider Activity at Alexandria Real Estate Equities

In related news, EVP Gregory Calvin Thomas acquired 3,500 shares of the stock in a transaction that occurred on Thursday, April 30th. The shares were bought at an average price of $41.00 per share, for a total transaction of $143,500.00. Following the completion of the transaction, the executive vice president directly owned 33,024 shares in the company, valued at approximately $1,353,984. This trade represents a 11.85% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Marc E. Binda sold 2,000 shares of the stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $54.00, for a total transaction of $108,000.00. Following the transaction, the chief financial officer owned 188,264 shares in the company, valued at approximately $10,166,256. This trade represents a 1.05% 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. Insiders own 1.35% of the company’s stock.

Alexandria Real Estate Equities Trading Down 0.6%

Alexandria Real Estate Equities stock opened at $51.28 on Thursday. 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, Inc. has a one year low of $39.41 and a one year high of $88.24. The stock has a market capitalization of $8.94 billion, a PE ratio of -8.18, a price-to-earnings-growth ratio of 6.25 and a beta of 1.19. The business’s fifty day moving average is $48.35 and its 200 day moving average is $49.94.

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

Alexandria Real Estate Equities Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend 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%.

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.