Aberdeen Group plc Buys 11,262 Shares of Alexandria Real Estate Equities, Inc. $ARE

Aberdeen Group plc increased its stake in Alexandria Real Estate Equities, Inc. (NYSE:ARE) by 4.8% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 246,690 shares of the real estate investment trust’s stock after purchasing an additional 11,262 shares during the quarter. Aberdeen Group plc owned approximately 0.14% of Alexandria Real Estate Equities worth $17,711,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Farther Finance Advisors LLC boosted its position in shares of Alexandria Real Estate Equities by 16.4% in the first quarter. Farther Finance Advisors LLC now owns 1,084 shares of the real estate investment trust’s stock worth $99,000 after purchasing an additional 153 shares during the period. SG Americas Securities LLC boosted its position in shares of Alexandria Real Estate Equities by 44.4% in the first quarter. SG Americas Securities LLC now owns 4,928 shares of the real estate investment trust’s stock worth $456,000 after purchasing an additional 1,516 shares during the period. CX Institutional bought a new position in shares of Alexandria Real Estate Equities in the first quarter worth approximately $117,000. Wealth Enhancement Advisory Services LLC increased its stake in Alexandria Real Estate Equities by 163.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 29,652 shares of the real estate investment trust’s stock worth $2,743,000 after buying an additional 18,416 shares in the last quarter. Finally, Exchange Traded Concepts LLC increased its stake in Alexandria Real Estate Equities by 9.1% in the 1st quarter. Exchange Traded Concepts LLC now owns 5,717 shares of the real estate investment trust’s stock worth $529,000 after buying an additional 476 shares in the last quarter. 96.54% of the stock is owned by institutional investors.

Alexandria Real Estate Equities Trading Up 1.7%

Shares of Alexandria Real Estate Equities stock opened at $75.09 on Wednesday. The firm has a market cap of $12.99 billion, a price-to-earnings ratio of -577.62, a PEG ratio of 6.20 and a beta of 1.31. The business has a 50-day moving average price of $80.71 and a 200-day moving average price of $77.38. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 0.61. Alexandria Real Estate Equities, Inc. has a twelve month low of $67.37 and a twelve month high of $123.10.

Alexandria Real Estate Equities (NYSE:ARE) last issued its quarterly earnings data on Monday, July 21st. The real estate investment trust reported $2.33 earnings per share for the quarter, beating analysts’ consensus estimates of $2.29 by $0.04. The firm had revenue of $737.28 million during the quarter, compared to analyst estimates of $748.02 million. Alexandria Real Estate Equities had a negative return on equity of 0.05% and a negative net margin of 0.33%.The business’s quarterly revenue was down .6% compared to the same quarter last year. During the same quarter last year, the business posted $2.36 earnings per share. Alexandria Real Estate Equities has set its FY 2025 guidance at 9.160-9.360 EPS. Equities research analysts anticipate that Alexandria Real Estate Equities, Inc. will post 9.32 EPS for the current fiscal year.

Alexandria Real Estate Equities Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be paid a dividend of $1.32 per share. This represents a $5.28 annualized dividend and a yield of 7.0%. The ex-dividend date of this dividend is Tuesday, September 30th. Alexandria Real Estate Equities’s payout ratio is presently -4,061.54%.

Wall Street Analysts Forecast Growth

ARE has been the subject of a number of analyst reports. BNP Paribas lowered Alexandria Real Estate Equities from a “hold” rating to a “strong sell” rating and set a $82.00 price target for the company. in a research note on Wednesday, October 1st. Cantor Fitzgerald cut their price target on Alexandria Real Estate Equities from $88.00 to $79.00 and set a “neutral” rating for the company in a research note on Monday. Royal Bank Of Canada cut their price target on Alexandria Real Estate Equities from $100.00 to $98.00 and set a “sector perform” rating for the company in a research note on Tuesday, July 29th. Evercore ISI upgraded Alexandria Real Estate Equities from an “in-line” rating to an “outperform” rating and increased their price target for the stock from $91.00 to $104.00 in a research note on Monday, September 15th. Finally, BNP Paribas Exane reiterated an “underperform” rating on shares of Alexandria Real Estate Equities in a research note on Wednesday, October 1st. Four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, Alexandria Real Estate Equities has an average rating of “Hold” and a consensus target price of $95.87.

Alexandria Real Estate Equities Profile

Alexandria Real Estate Equities, Inc (NYSE: ARE), an S&P 500 company, is a best-in-class, mission-driven life science REIT making a positive and lasting impact on the world. As the pioneer of the life science real estate niche since our founding in 1994, Alexandria is the preeminent and longest-tenured owner, operator, and developer of collaborative life science, agtech, and advanced technology mega campuses in AAA innovation cluster locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle.